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LEHMAN ABS CORP JBK (JBK) passes through $431K from Goldman-backed notes

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

LEHMAN ABS CORP GOLDMAN SACHS CAP 1 SEC BACKED SER 2004-6 (JBK), administered by SCS LABS Corporation, reports a routine distribution for the Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 Trust for the period ending August 17, 2026. Scheduled income of $431,333.10 from the underlying securities was fully distributed to certificate holders, leaving a zero balance in both the interest and principal accounts.

The Trust continues to hold $13,596,000 of Goldman Sachs Capital I 6.345% Capital Securities due February 15, 2034, and a related swap agreement with the same notional amount dated March 19, 2004. No other reportable transactions or matters are stated for the period.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Scheduled income received on securities $431,333.10 Interest account for the period ending August 17, 2026
Distribution to the Holders (interest) $431,333.10 Interest account distribution for the period ending August 17, 2026
Underlying securities principal amount $13,596,000 Goldman Sachs Capital I 6.345% Capital Securities due February 15, 2034 held as of February 15, 2026
Coupon rate on underlying capital securities 6.345% Goldman Sachs Capital I Capital Securities due February 15, 2034
Swap notional amount $13,596,000 Swap Agreement dated March 19, 2004 between the Trust and Lehman Brothers Special Financing Inc.
Interest account balance as of February 15, 2026 $0.00 Beginning balance of interest account
Interest account balance as of August 17, 2026 $0.00 Ending balance of interest account after distributions
Corporate Backed Trust Certificates financial
"To the Holders of Corporate Backed Trust Certificates, Goldman Sachs Capital I"
junior subordinated debentures financial
"the issuer of the junior subordinated debentures, the sole assets held"
A junior subordinated debenture is a long-term loan a company issues to investors that sits low in the repayment order: holders get paid after most other creditors but usually before shareholders. Because it offers higher interest to compensate for greater risk, it can boost income for investors but also carries bigger chances of loss if the issuer faces financial trouble. Think of it as standing near the back of a line for repayment — you get a bigger reward but a smaller guarantee.
Standard Terms for Trust Agreements financial
"was formed pursuant to the Standard Terms for Trust Agreements, dated"
swap agreement financial
"Swap Agreement Dated as of March 19, 2004 between the Trust"
Electronic Data Gathering, Analysis and Retrieval system regulatory
"through the Electronic Data Gathering, Analysis and Retrieval system, or “EDGAR.”"

FAQ

What distribution did JBK certificate holders receive for the period ending August 17, 2026?

Holders of JBK certificates received a distribution of $431,333.10, representing scheduled income from the underlying securities. The entire amount was paid to certificate holders, with no remaining balance in the interest account after the distribution.

What underlying securities support the JBK Corporate Backed Trust Certificates?

The Trust holds $13,596,000 of Goldman Sachs Capital I 6.345% Capital Securities due February 15, 2034. These junior subordinated debentures are the sole assets backing the issuer of the underlying securities for the JBK trust.

Was there any principal distribution to JBK holders in this period?

No. The principal account shows a balance of $0.00 at the beginning and end of the period, with $0.00 scheduled principal payments received and $0.00 distributed to holders for the period ending August 17, 2026.

What swap arrangement is associated with the JBK trust?

The JBK trust has a swap agreement with a notional amount of $13,596,000, dated March 19, 2004, between the Trust and Lehman Brothers Special Financing Inc. For this period, swap receipt and distribution amounts were both $0.00.

Did JBK report any other material events for this period?

No. The registrant states that no other reportable transactions or matters occurred during the reporting period beyond the routine distribution to certificate holders for the Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6.

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Learn about SEC filing dates
 
 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): August 17, 2026

 

 

SCS LABS Corporation, on behalf of:

CORPORATE BACKED TRUST CERTIFICATES,

GOLDMAN SACHS CAPITAL I SECURITIES-BACKED SERIES 2004-6 TRUST

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware   001-32131   13-3447441

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

SCS LABS Corporation

200 Continental Drive, Suite 401, Newark, Delaware

  19713
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (929) 215-1680

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6   JBK   New York Stock Exchange (“NYSE”)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


The Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 Trust, which we refer to herein as the “Trust,” was formed pursuant to the Standard Terms for Trust Agreements, dated as of January 16, 2001, between Lehman ABS Corporation, as depositor, and U.S. Bank Trust National Association, as trustee (the “Trustee”), as supplemented by the Series Supplement in respect of the Trust dated as of March 19, 2004.

The Depositor is no longer a subsidiary of Lehman Brothers Holdings Inc. (“LBHI”) and changed its name to SCS LABS Corporation in August 2022.

 

Item 8.01.

OTHER EVENTS

On August 17, 2026, a distribution was made to the holders of the certificates issued by the Trust. Specific information with respect to the distribution is filed as Exhibit 99.1 hereto.

No other reportable transactions or matters have occurred during the current reporting period.

The Goldman Sachs Group, Inc., the issuer of the junior subordinated debentures, the sole assets held by the issuer of the underlying securities, is subject to the information reporting requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). For information on The Goldman Sachs Group, Inc. please see its periodic and current reports filed with the Securities and Exchange Commission (the “Commission”) under The Goldman Sachs Group, Inc.’s Exchange Act file number, 001-14965. The Commission maintains a site on the World Wide Web at “http://www.sec.gov” at which users can view and download copies of reports, proxy and information statements and other information filed electronically through the Electronic Data Gathering, Analysis and Retrieval system, or “EDGAR.” Periodic and current reports and other information required to be filed pursuant to the Exchange Act by The Goldman Sachs Group, Inc. may be accessed on this site. Neither Lehman ABS Corporation nor the Trustee has participated in the preparation of such reporting documents, or made any due diligence investigation with respect to the information provided therein. Neither Lehman ABS Corporation nor the Trustee has verified the accuracy or completeness of such documents or reports. There can be no assurance that events affecting the issuer of the underlying securities, the issuer of the junior subordinated debentures or the underlying securities themselves have not occurred or have not yet been publicly disclosed which would affect the accuracy or completeness of the publicly available documents described above.

 

Item 9.01.

FINANCIAL STATEMENTS AND EXHIBITS

(d) The following exhibit is filed as part of this report:

 

99.1    Trustee’s Distribution Statement to the Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 Certificate Holders for the period ending August 17, 2026.

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. In preparing this report the Registrant has relied on information provided to it by the Trustee.

Date: August 17, 2026

 

SCS LABS Corporation
By:  

/s/ Paul Edwards

Name:   Paul Edwards
Title:   Vice President

 


EXHIBIT INDEX

 

Exhibit
Number

  

Description

99.1    Trustee’s Distribution Statement to the Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 Certificate Holders for the period ending August 17, 2026

Exhibit 99.1

TRUSTEE’S DISTRIBUTION STATEMENT

To the Holders of:

Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6

*CUSIP:  21988K859

In accordance with the Standard Terms for Trust Agreements, U.S. Bank Trust National Association, as Trustee, submits the following cash basis statement for the period ending August 17, 2026.

INTEREST ACCOUNT

 

Balance as of February 15, 2026

   $ 0.00  

Swap Receipt Amount

   $ 0.00  

Scheduled Income received on securities

   $ 431,333.10  

Unscheduled Income received on securities

   $ 0.00  

LESS:

  

Swap Distribution Amount

     0.00  

Distribution to the Holders

   -$ 431,333.10  

Distribution to Depositor

   -$ 0.00  

Distribution to Trustee

   -$ 0.00  

Balance as of August 17, 2026

   $ 0.00  
PRINCIPAL ACCOUNT       

Balance as of February 15, 2026

   $ 0.00  

Scheduled principal payment received on securities

   $ 0.00  

LESS:

 

Distribution to Holders

   -$ 0.00  

Balance as of August 17, 2026

   $ 0.00  

UNDERLYING SECURITIES HELD AS OF February 15, 2026

 

Principal Amount

  

Title of Security

$13,596,000   

Goldman Sachs Capital I, 6.345% Capital Securities due February 15, 2034

*CUSIP:  38143VAA7

 

CREDIT SUPPORT AS OF August 17, 2026

 

Notional Amount

  

Title of Security

$13,596,000   

Swap Agreement Dated as of March 19, 2004 between the Trust and

Lehman Brothers Special Financing Inc.

U.S. Bank Trust National Association, as Trustee

 

*

The Trustee shall not be held responsible for the selection or use of the CUSIP numbers nor is any representation made as to its correctness. It is included solely for the convenience of the Holders.

Filing Exhibits & Attachments

1 document