Business Context and Reporting Period
This Form 8-K is a current report filed by Structured Products Corp. on behalf of the Credit Enhanced CorTS Trust for Aon Capital A. The report covers the distribution event dated July 1, 2011. The trust holds Aon Corporation's 8.205% Capital Securities due January 1, 2027, as underlying Term Assets.
Key Financial Metrics
| Metric | Value |
|---|---|
| Aggregate Principal Amount of Term Assets | $40,170,000 |
| Outstanding Certificates | 1,606,800 |
| Aggregate Certificates Principal Balance | $40,170,000 |
| Distribution per $25 Certificate (Principal) | $0.000000 |
| Distribution per $25 Certificate (Interest) | $1.025625 |
| Total Distribution per $25 Certificate | $1.025625 |
| Unpaid Aggregate Interest | $0.000000 |
| Trustee Fees Paid from Proceeds | $0.00 |
Material Changes
The filing does not provide comparative financial data or prior period metrics to assess material changes in revenue, profit, or margins. The report is a routine notification of a scheduled interest distribution.
Outlook, Risks, and Contingencies
- Rating Information: The current credit rating of the underlying Term Assets is not provided in this report. Investors are directed to contact Standard & Poor's or Moody's for current ratings.
- Due Diligence Disclaimer: Structured Products Corp. and the Trustee explicitly state they have not participated in the preparation of the underlying issuer's reports, nor have they verified the accuracy or completeness of such documents.
- Disclosure Risk: There is no assurance that events affecting the underlying issuer (Aon Corporation) have not occurred or been disclosed that might impact the accuracy of publicly available documents.
Investor Verification Checklist
- Verify the current credit rating of Aon Corporation's 8.205% Capital Securities due 2027 with rating agencies.
- Confirm the receipt of the $1.025625 interest distribution per $25 certificate.
- Review Aon Corporation's periodic SEC filings for any undisclosed events affecting the underlying securities.
- Confirm that no principal payments were due or made on this distribution date.