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8-K - FORM 8-K - LEHMAN ABS CORP CNA FINANCIAL DEBENTURE BACK SER 03 10d8k.htm

 

Exhibit 99.1

TRUSTEE’S DISTRIBUTION STATEMENT

To the Holders of:

Corporate Backed Trust Certificates, CNA Financial Debenture-Backed Series 2003-10

 

*CUSIP:   21988G122   Class   A-1
  21988GCQ7   Class   A-2

 

In accordance with the Standard Terms for Trust Agreements, U.S. Bank Trust National Association, as Trustee, submits the
following cash basis statement for the period ending November 15, 2010.

 

INTEREST ACCOUNT

 

Balance as of May 15, 2010

     $              0.00   

Scheduled Income received on securities

     $1,051,250.00   

Unscheduled Income received on securities

     $              0.00   

LESS:

  

Distribution to Class A-1 Holders

     -$1,015,000.00   

Distribution to Class A-2 Holders

     -$     36,250.00   

Distribution to Depositor

     -$              0.00   

Distribution to Trustee

     -$              0.00   

Balance as of November 15, 2010

     $              0.00   

 

PRINCIPAL ACCOUNT

 

      

Balance as of May 15, 2010

     $              0.00   

Scheduled Principal received on securities

     $              0.00   

LESS:

  

Distribution to Holders

     -$              0.00   

Balance as of November 15, 2010

     $              0.00   

UNDERLYING SECURITIES HELD AS OF November 15, 2010

 

Principal

Amount

    

Title of Security

$ 29,000,000       CNA Financial Corporation 7.250% Debentures due November 15, 2023
   *CUSIP:    126117AEO

U.S. Bank Trust National Association, as Trustee

 

* The Trustee shall not be held responsible for the selection or use of the CUSIP numbers nor is any representation made as to its correctness. It is included solely for the convenience of the Holders.