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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) October 15, 1999
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Corporate Asset Backed Corporation
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(EXACT NAME OR REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware 33-73666 22-3281571
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(STATE OF OTHER JURISDICTION (COMMISSION (I.R.S. EMPLOYER
OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.)
c/o PaineWebber Incorporated
1285 Avenue of the Americas, 11th Floor
New York, NY 10019
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's telephone number, including area code: (212) 713-2841
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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Item 1. Changes in Control of Registrant.
NOT APPLICABLE.
Item 2. Acquisition or Disposition of Assets.
NOT APPLICABLE.
Item 3. Bankruptcy or Receivership.
NOT APPLICABLE.
Item 4. Changes in Registrant's Certifying Accountant.
NOT APPLICABLE.
Item 5. Other Events.
NOT APPLICABLE.
Item 6. Resignations of Registrant's Directors.
NOT APPLICABLE.
Item 7. Financial Statements, Pro-Forma Financial Information and Exhibits.
(a) NOT APPLICABLE.
(b) NOT APPLICABLE.
(c) EXHIBITS.
1. Trustee's letter in respect of the receipt and
disbursement of interest by the CABCO Trust for
BellSouth Debentures on October 15, 1999.
$1,290,937.50 to the Trust Certificate Holders.
$227,812.50 to the Depositor.
Item 8. Change in Fiscal Year.
NOT APPLICABLE.
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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
By:/s/ ROBERT VASCELLARO
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Name: Robert Vascellaro
Title: Vice President and Treasurer
Date: October 25, 1999
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EXHIBIT INDEX
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Exhibit Page
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1. Trustee's letter in respect of the receipt and
disbursement of interest by the CABCO Trust for BellSouth
Debentures on October 15, 1999.
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[U.S. TRUST LETTERHEAD]
October 22, 1999
Jonathan Gottlieb
PaineWebber Incorporated
1285 Avenue of the Americas
New York, NY 10019
Re: Corporate Asset Backed Corporation (Bellsouth Debentures) Trust
Dear Jonathan:
On October 15, 1999 United States Trust Company of New York, as Trustee of the
above referenced trust, received $1,518,750.00 representing interest on
$45,000,000 of Bellsouth 6 3/4 Debentures. This interest was disbursed as
follows:
To the Trust Certificate Holders: $1,290,937.50
To the Depositor: $227,812.50
The payment to the Depositor is defined in the Trust Agreement as the Retained
Amount. If you have any questions, please call me at 212-852-1622.
Sincerely,
/s/ MILLIE CICERO
Millie Cicero
Assistant Secretary
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CASH TRANSACTIONS
CABCO TR FOR J.C.
PENNEY
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October 15, 1999 Receipt of Interest on
BellSouth 6.75% $1,518,750
October 15 Funds Disbursed to
Holders of CABCO
Trust Certificates $1,290,937.50
October 15, 1999 Funds Disbursed to the $227,812.50
Depositor
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