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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) December 1, 1999
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 REPOR
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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 Florida Power and Light
Debentures on December 1, 1999.
$817,604.17 to the Trust Certificate Holders.
$63,645.83 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: December 8, 1999
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EXHIBIT INDEX
Exhbit
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1. Trustee's letter in respect of the receipt and disbursement
of interest by the CABCO Trust for Florida Power and Light
Debentures on December 1, 1999.
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United States Trust Company of New York Letterhead
December 8, 1999
Jonathan Gottlieb
Paine Webber Incorporated
1285 Avenue of the Americas
New York NY 10019
Re: Corporate Asset Backed Corporation (Florida Power and Light
Debentures) Trust
Dear Jonathan:
On December 1, 1999 United States Trust Company of New York, as Trustee of the
above referenced trust, received $881,250.00 representing interest on
$25,000,000 of Florida Power & Light 7.05% Debentures. This interest was
disbursed as follows:
To the Trust Certificate Holders: $817,604.17
To the Depositor: $63,645.83
The payment to the Depositor is defined in the Trust Agreement as the Retained
Amount. If you have any questions, please call me at 212-852-1667.
Sincerely,
/s/ Thomas Musarra
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Thomas Musarra
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CASH TRANSACTIONS
CABCO TR FOR FLORIDA
POWER AND LIGHT
December 1, 1999 Receipt of Interest on $881,250.00
Florida Power and Light 7.05%
December 1, 1999 Funds Disbursed to
Holders of CABCO
Trust Certificates $817,604.17
December 1, 1999 Funds Disbursed to the Depositor $63,645.83