PPLUS Trust Series GSC-2 reports $443,950.34 interest distribution on February 17, 2026
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.
Key points
- 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+.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 17, 2026.
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.