Structured Obligations Corporation filed a Form 8-K on September 15, 2026, to report a distribution made to holders of the Select Notes Trust LT 2003-5 Long Term Certificates Series 2003-5. The report details the financial activity for the interest period ending on September 15, 2026.
The total amount of interest received by the Trust during the interest period was $219,375.00. Of this amount, $139,895.78 was distributed to Certificateholders. The report notes that the total amount of advances made to the Trustee on the distribution date was $0.00, while $79,479.00 was repaid to the Advancing Party during the period.
Regarding the underlying securities, the report lists payments received from several issuers. Notable payments included $101,250.00 from General Electric Capital Co. and $118,125.00 from Kerr McGee Corp., both dated September 15, 2026. The report also discloses that at the close of business on the interest distribution date, there were 36,170 Certificates outstanding. Applying a factory of 83.411667%, the current principal balance is calculated to be $30,170,000.
