Every material Form 8-K PPLUS Trust Series GSC-2 has filed with the SEC since February 17, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
PPLUS Trust Series GSC-2 made a routine distribution of $435,256.03 in interest to certificate holders on August 17, 2026, with no principal paid. The trust's $35,000,000 principal balance is unchanged, and the filing reports no unpaid accrued interest, so the report shows no change in the trust's position for shareholders.
Holders received $435,256.03 in interest on August 17, 2026, with $0.00 in principal and $0.00 in unpaid accrued interest.
The underlying securities are $35,000,000 of 6.345% Capital Securities due 2034 issued by Goldman Sachs Capital I, which paid the trust $1,110,375.00 in interest.
The certificate principal balance remained $35,000,000 with no reduction at the close of business on the distribution date.
Under an interest rate swap with Merrill Lynch International, the net interest distribution to Merrill Lynch International was $675,118.97.
PPLUS Trust Series GSC-2 made a routine interest distribution of $402,966.84 to certificate holders on May 15, 2026, with no principal paid. The trust's holdings are $35 million of 6.345% Capital Securities due 2034 issued by Goldman Sachs Capital I, and the filing reports no change in principal balance.
Interest distributed to holders: $402,966.84; principal and premium: $0.00
Underlying securities: $35,000,000 principal amount, 6.345% rate, due 2034, issued by Goldman Sachs Capital I
Interest rate swap with Merrill Lynch International: notional $35,000,000 at 3.00%; net swap payment to the counterparty $0.00
The trustee reported a February 17, 2026 distribution of $443,950.34 in interest to holders of the PPLUS Trust Series GSC-2 certificates, with no principal paid. The certificate principal balance remained $35,000,000 and the filing reports no principal reduction, so the report is routine and mainly shows that the scheduled interest was passed through.
Holder interest distribution on February 17, 2026: $443,950.34; principal: $0.00.
Underlying securities: $35,000,000 principal of 6.345% Capital Securities due 2034 issued by Goldman Sachs Capital I, with $1,110,375.00 in interest received by the trustee.
Interest rate swap with Merrill Lynch International: $666,424.66 distributed to Merrill Lynch International on a net basis, on a $35,000,000 notional at 3.00%.
Certificate principal balance unchanged at $35,000,000; S&P rating BB+.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every PPLUS Trust Series GSC-2 filing is on SEC EDGAR ↗. 8-K briefs of other companies →