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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported) : March 1, 2000
MERRILL LYNCH DEPOSITOR, INC.
(ON BEHALF OF PUBLIC STEERS SERIES 1999 REN-C1 TRUST)
(Exact name of registrant as specified in its charter)
DELAWARE 333-64767 13-3891329
(State or other (Commission (I. R. S. Employer
jurisdiction of File Number) identification No.)
incorporation)
WORLD FINANCIAL CENTER, 10281
NEW YORK, NEW YORK (Zip Code)
(Address of principal
executive offices)
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Registrant's telephone number, including area code: (212) 449-1000
INFORMATION TO BE INCLUDED IN REPORT
ITEM 1. CHANGES IN CONTROL OF REGISTRANT
Not Applicable
ITEM 2. ACQUISITION OF DISPOSITION OF ASSETS
Not Applicable
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
Not Applicable
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Not Applicable
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ITEM 5. OTHER EVENTS
1. Distribution to holders of the STEERS Trust, Series 1999
REN-C1 Class A Certificates on March 1, 2000.
ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTORS
Not Applicable
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial statements of business acquired.
Not applicable
(b) Pro forma financial information.
Not applicable.
(c) Exhibits.
1. Trustee's report in respect of the March 1, 2000
distribution to holders of the STEERS Trust, Series 1999
REN-C1 Class A Certificates.
ITEM 8. CHANGE IN FISCAL YEAR
Not Applicable.
ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S
Not Applicable
SIGNATURES
Pursuant to the requirements of Section 12 of the Securities
Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned, thereto
authorized.
MERRILL LYNCH DEPOSITOR, INC.
Date: March 27, 2000 By: /s/ Barry N. Finkelstein
Name: Barry N. Finkelstein
Title: President
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EXHIBIT INDEX
1. Trustee's report in respect of the March 1, 2000
distribution to holders of the STEERS Trust , Series 1999
REN-C1 Class A Certificates.
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EXHIBIT 1
DISTRIBUTION REPORT
FOR
PUBLIC STEERS SERIES 1999 REN-C1 TRUST
DISTRIBUTION DATE
MARCH 1, 2000
CUSIP NUMBER 744593302
(i) the amounts received by the Trustee as of the last such
statement in respect of principal, interest and premium on the
RenaissanceRe Capital Trust Series B Capital Securities (the
"Underlying Securities"):
Interest: $1,067,500.00
Principal: 0.00
Premium: 0.00
(ii) the amounts of compensation received by the Trustee, for the
period relating to such Distribution Date:
Paid by the Trust: $00.00
Paid by the Depositor: $1,000.00
(iii) the amount of distribution on such Distribution Date to Holders
locable to principal of and premium, if any, and interest on
the Certificates of each such Class and the amount of aggregate
unpaid interest accrued as of such Distribution Date:
Class A:
Interest: $1,067,500.00
Principal: $00.00
(iv) the aggregate stated principal amount and, if applicable,
notional amount of the Underlying Securities related to such
Series, the current interest rate or rates thereon at the close
of business on such Distribution Date, and the current rating
assigned to the Certificates.
Principal Amount: $1,000,000
Interest Rate: 8.54%
Rating:
Moody's Investor Service BAA3
Standard & Poor's Rating Service BBB-
(v) the aggregate Certificate Principal Balance (or Notional Amount,
if applicable) of each Class of such Series at the close of
business on such Distribution Date.
Class A Principal Balance: $1,000,000