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) June 15, 2007
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Corporate Asset Backed Corporation, on behalf of
CABCO Series 2004-102 Trust (SBC Communications Inc.)
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware 333-111572-01 22-3281571
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(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
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's telephone number, including area code: (631) 587-4700
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(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
June 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
June 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
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Name: Robert D. Vascellaro
Title: Vice President
Date: June 21, 2007
EXHIBIT INDEX
Exhibit
99.1 Trustee's Distribution Report with respect to the June 15,
2007 Distribution Date for the CABCO Series 2004-102 Trust (SBC
Communications Inc.).