Conditional FULL Redemption of Trust Certificates (TRUCs), Series 2001-2 Trust

NEW YORK, NY -- (Marketwired) -- 03/01/16 -- U.S. Bank Trust National Association (NYSE: USB), as Trustee, under the Standard Terms for Trust Agreements dated as of June 19, 2001, between Bear Stearns Depositor Inc., as Depositor, and U.S. Bank Trust National Association, as Trustee, as supplemented by the Series Supplement for the Trust Certificates (TRUCs) Series 2001-2 dated as of July 10, 2001 (the "Trust Agreement") in respect of the Trust Certificates (TRUCs) Series 2001-2 Trust (the "Trust") (NYSE: TZF), received notice that certain Call Warrants holders have exercised their right to purchase the remaining $500,000 principal amount of the Underlying Securities of the Trust on March 28, 2016 (the "Call Date").

THE EXERCISE OF THE CALL WARRANTS IS CONDITIONAL UPON RECEIPT BY THE TRUSTEE OF THE CALL PRICE WITH RESPECT TO SUCH EXERCISE ON THE CALL DATE. THERE CAN BE NO ASSURANCE THAT THE CALL WARRANTS WILL IN FACT BE EXERCISED ON MARCH 28, 2016.

If the Trustee receives the call price by 10:00 a.m. (New York City time) on the Call Date, then all of the remaining 19,980 total outstanding Class A-1 Trust Certificates (TRUCs) Series 2001-2 (the "Class A-1 Certificates") will be redeemed on March 28, 2016 (the "Redemption Date") at a price of $25.00 principal plus accrued interest of $0.576874875 per Certificate. The total payment on the Class A-1 Certificates designated for redemption will be $511,025.96, consisting of $499,500.00 principal plus $11,525.96 accrued interest (the "Redemption Amount"). No interest will accrue on the Class A-1 Certificates designated for redemption after the Redemption Date. If the Trustee does not receive the Call Price, then (i) the Class A-1 Certificates designated for redemption will remain outstanding and will continue to accrue interest as if no exercise notice had been given and (ii) these and other Call Warrants Holders may elect to deliver notices of exercise in the future.

This press release is being issued by U.S. Bank Trust National Association as trustee of the Trust. For more information about this conditional full redemption, Holders with questions may contact Bondholder Services at (800) 934-6802.

By U.S. Bank Trust National Association
as Trustee

March 1, 2016

*U.S. Bank shall not be held responsible for the selection or the use of the CUSIP number, nor is any representation made as to its correctness indicated in the Redemption Notice. It is included solely for the convenience of the Holders.

   
    Bondholder Services (800) 934-6802 U.S. Bank National Association
    Corporate Trust Services100 Wall Street, 16th floorNew York, NY 10005

Source: Corporate Backed Trust Certificates

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