SEC Filing Summary: LEHMAN ABS CORP GOLDMAN SACHS CAP 1 SEC BACKED SER 2004-6
Business Context and Reporting Period
This Form 10-K covers the fiscal year ended December 31, 2022. The registrant is the Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 Trust (the "Trust"), a common law trust formed in 2001. The Trust's assets consist solely of capital securities issued by Goldman Sachs Capital I (the "Underlying Securities Issuer"), which holds junior subordinated debentures issued by The Goldman Sachs Group, Inc. The Trust is not an operating company; it is a pass-through vehicle where distributions depend entirely on payments received from the underlying securities.
Key Financial Metrics
The filing explicitly states that Selected Financial Data, Management's Discussion and Analysis, and Financial Statements are "Not Applicable." Consequently, the filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The Trust's financial performance is derived solely from the distributions made by the underlying Goldman Sachs securities.
Distribution Activity: The filing incorporates by reference Form 8-K distribution reports for the following dates in 2022:
- February 15, 2022 (Filed March 1, 2022)
- August 15, 2022 (Filed August 26, 2022)
Material Changes
The filing does not disclose specific material changes in financial condition or operations compared to the prior period, as standard financial reporting sections are not applicable to this trust structure. The filing confirms that the Trust has no voting stock or common equity held by non-affiliates.
Guidance, Outlook, and Risks
Outlook and Guidance: No management commentary, guidance, or outlook is provided in this filing. The Trustee and Depositor explicitly state they have not participated in the preparation of the underlying issuer's reports and have not verified their accuracy.
Risks and Contingencies: The filing notes that there are no unresolved staff comments or legal proceedings. However, it includes a standard disclaimer that there can be no assurance that events affecting the underlying securities issuer (Goldman Sachs) have not occurred which would affect the accuracy of publicly available documents. The Trust's ability to make distributions is entirely contingent upon the performance and payment status of the underlying Goldman Sachs Capital I securities.
Investor Verification Checklist
- Verify the current payment status of the underlying Goldman Sachs Capital I junior subordinated debentures, as the Trust has no independent assets.
- Review The Goldman Sachs Group, Inc.'s periodic reports (File No. 001-14965) for information on the underlying securities.
- Confirm the specific distribution amounts for the 2022 period by accessing the referenced Form 8-K filings (dated March 1, 2022, and August 26, 2022).
- Note that the Trustee and Depositor do not guarantee the accuracy of the underlying issuer's financial data.