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 January 1, 2008. The Trust holds $40,170,000 in aggregate principal amount of Aon Capital A 8.205% Capital Securities due January 1, 2027 (the "Term Assets") issued by Aon Corporation.
Key Financial Metrics
| Metric | Value |
|---|---|
| Distribution Date | January 1, 2008 |
| Aggregate Principal Balance Outstanding | $40,170,000 |
| Number of Certificates Outstanding | 1,606,800 |
| Distribution per $25 Certificate (Principal) | $0.000000 |
| Distribution per $25 Certificate (Interest) | $1.025625 |
| Total Distribution per $25 Certificate | $1.025625 |
| Aggregate Interest Due and Unpaid | $0.000000 |
| Trustee Fees Paid from Term Assets | $0.00 |
Material Changes
The filing does not provide comparative financial data for a prior period to assess material changes in revenue, profit, or margins. The report focuses solely on the execution of a scheduled interest distribution. There were no principal payments made on this date.
Guidance, Outlook, and Risks
- Rating Information: The current credit rating of the Term Assets is not provided in this report. Investors are directed to contact Standard & Poor's or Moody's directly for rating information.
- Due Diligence Disclaimer: Structured Products Corp. and the Trustee explicitly state they have not participated in the preparation of Aon Corporation's reports, nor have they verified the accuracy or completeness of such documents.
- Contingencies: The filing notes there can be no assurance that events affecting the underlying issuer (Aon Corporation) have not occurred or been disclosed that would 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 filings (Form 10-K/10-Q) for any undisclosed events affecting the underlying assets.
- Confirm the outstanding principal balance remains at $40,170,000.