CABCO Trust for J.C. Penney 7.625%
CBJCL
Other OTC0.00
USD
+0.00
- -
ISIN
US1267972081
Return %
Stock
S&P500
1Y
-66.67
18.86
3Y
-98.18
64.57
5Y
-98.18
71.65
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Consumer Cyclical
- Industry
- Department Stores
- Address
- United States of America
- Similar Companies
- Business
- CABCO Trust for J.C. Penney 7.625% is a financial trust entity associated with the issuance of 7.625% debentures linked to J.C. Penney. The trust's primary function is to hold and manage trust certificates tied to these specific debentures. It operates within the financial services sector, specifically managing debt instruments issued by J.C. Penney. The company’s activities center on issuing and overseeing preferred securities for investors, facilitating capital raising for J.C. Penney through financial markets. CABCO Trust does not manufacture products or provide traditional goods but focuses exclusively on financial instruments. This trust's core asset consists of trust certificates backed by J.C. Penney debentures with a 7.625% coupon rate. The entity’s role includes distributing dividends and managing investor relations for these securities. The trust's operations are geographically focused on the United States financial markets, where J.C. Penney conducts its business and debt issuance. Founded in connection with J.C. Penney’s financing structure, CABCO Trust is headquartered in the United States. Recent developments for CABCO Trust include the security trading status reflecting a very low to zero market price, indicating a diminished or inactive trading presence in recent periods. There have been no publicly reported recent strategic partnerships, product launches, or business expansions specifically attributed to CABCO Trust within the last 1-2 years. The trust maintains its role as a vehicle for managing the associated J.C. Penney preferred debentures but does not engage in operational business changes or expansions beyond its financial trust functions. In summary, CABCO Trust for J.C. Penney 7.625% issues and manages trust certificates backed by J.C. Penney 7.625% debentures, focusing on financial instrument management in the U.S. markets. The trust’s main activity is the administration of these debt securities, with recent activity characterized by low trading volumes and inactive market presence, without notable corporate changes or expansions recently.