MS Structured Floating Rate Trust Series 2010-04
Filed: 18 Dec 17, 12:00am
EXHIBIT 99.1
Structured Asset Trust Unit Repackagings (SATURNS)
Series 2010-04 (IP) Trust
Notice of Redemption of Underlying Notes and Trust Units in Part
CUSIP: 33973RAA2
Symbol: MS 21
FOR IMMEDIATE RELEASE:
December 18, 2017
NEW YORK, NEW YORK – Structured Asset Trust Unit Repackagings (SATURNS), Floating Rate Trust Series 2010-04 (IP) (the “Trust”) (New York Stock Exchange Ticker Symbol “MS 21”), announced today that a redemption of $1,336,000 of the International Paper Company 7.500% Notes (the “Notes”) held by the Trust took place on December 15, 2017. These Notes represent 32.13% of the outstanding Notes held by the Trust. A proportional number of Units will be randomly selected for redemption at par ($1,000) plus accrued interest from the available proceeds of the redemption of the Notes and from the waiver of certain amounts payable to the swap counterparty.
Contact:
James Hall - Vice President & Group Manager
BNY Mellon
Corporate Trust - Dealing & Trading
P: (212) 815-5919
F: (732) 667-9221
E-mail: james.hall@bnymellon.com