Business Context and Reporting Period
This Form 8-K filing by Structured Products Corp. on behalf of the Credit Enhanced CorTS Trust for Aon Capital A reports a distribution event for the period ending July 1, 2010. The Trust holds Aon Corporation capital securities as underlying assets.
Key Financial Metrics
| Metric | Value |
|---|---|
| Distribution Date | July 1, 2010 |
| Underlying Assets (Term Assets) | $40,170,000 (Aon Capital A 8.205% Capital Securities due 2027) |
| Outstanding Certificates | 1,606,800 |
| Aggregate Certificate 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 Interest | $0.000000 |
| Trustee Fees Paid | None |
Material Changes
The filing does not provide comparative data for prior periods to assess material changes in financial performance. The report focuses solely on the specific distribution event for the July 1, 2010 date.
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 did not participate 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 could 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 assets.
- Monitor future Trustee reports for any changes in the aggregate principal balance or unpaid interest.