SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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) March 15, 2007
Corporate Asset Backed Corporation, on behalf of
CABCO Series 2004-102 Trust (SBC Communications Inc.)
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware 333-111572-01 22-3281571
(STATE OR OTHER JURISDICTION (COMMISSION (I.R.S. EMPLOYER
OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.)
445 Broad Hollow Road
Suite 239
Melville, New York 11747
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's telephone number, including area code: (631) 587-4700
________________________________________________________________________________
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provision (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 under the Exchange Act (17
CFR 240.14a-12)
[ ] 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)
Item 8.01. Other Events.
This current report on Form 8-K relates to the quarterly distribution
reported to the holders of CABCO Series 2004-102 Trust (SBC Communications
Inc.) (the "Trust") Collared Floating Rate Callable Certificates (the
"Certificates") relating to the 6.450% Global Notes due June 15, 2034
issued by SBC Communications Inc. (the "SBC Securities"), which was made on
March 15, 2007.
The Trust was created by the Trust Agreement, dated as of December 15,
2004, between Corporate Asset Backed Corporation, as the depositor (the
"Depositor"), and U.S. Bank Trust National Association, as trustee (the
"Trustee"), providing for the issuance of $32,500,000 aggregate certificate
principal balance of Certificates. The Certificates do not represent
obligations of or interests in the Depositor or the Trustee. The
Certificates represent beneficial interests in the Trust. The Trust's
assets consist primarily of $32,500,000 principal amount of the SBC
Securities, all payments on or collections in respect of the SBC Securities
due on and after December 15, 2004, and the rights of the Trust under the
Swap Agreement, dated as of December 15, 2004, between the Trust and UBS
AG, as the swap counterparty. SBC Communications Inc., the issuer of the
SBC Securities, is subject to the informational requirements of the
Securities Exchange Act of 1934, and in accordance with those requirements
files periodic and current reports and other information (including
financial information) with the Securities and Exchange Commission ("SEC")
(File No. 001-08610). You may read and copy any reports, statements and
other information filed by SBC Communications Inc. with the SEC (a) over
the Internet at the SEC website at http://www.sec.gov containing reports,
proxy statements and other information regarding registrants that file
electronically with the SEC and (b) at the SEC's public reference room at
450 Fifth Street, N.W., Washington, D.C. 20549. You can also request copies
of these documents upon payment of a copying fee, by writing to the SEC's
public reference room at 450 Fifth Street, N.W., Washington, D.C. 20549.
Please call the SEC at (800) SEC-0330 for further information on SBC
Communications Inc. and please refer to these periodic and current reports
filed with the SEC.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
99.1 Trustee's Distribution Report with respect to the March 15, 2007
Distribution Date for the CABCO Series 2004-102 Trust (SBC
Communications Inc.).
SIGNATURES
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.
CORPORATE ASSET BACKED CORPORATION,
as Depositor of CABCO Series 2004-102
Trust (SBC Communications Inc.)
By: /s/ Robert D. Vascellaro
------------------------------------
Name: Robert D. Vascellaro
Title: Vice President
Date: March 16, 2007
EXHIBIT INDEX
Exhibit
99.1 Trustee's Distribution Report with respect to the March 15, 2007
Distribution Date for the CABCO Series 2004-102 Trust (SBC Communications
Inc.).