Business Context and Reporting Period
This Form 8-K is a current report filed by Structured Products Corp. on behalf of the CorTS Trust for PECO Energy Capital Trust III. The report covers the distribution event dated April 30, 2026. The trust holds 7.38% Capital Securities due April 6, 2028, issued by PECO Energy Company (the underlying issuer).
Key Financial Metrics
| Metric | Value |
|---|---|
| Distribution Date | April 30, 2026 |
| Class A Distribution (Principal) | $0.000000 per $25 Certificate |
| Class A Distribution (Interest) | $1.000000 per $25 Certificate |
| Total Distribution per Certificate | $1.000000 |
| Aggregate Interest Unpaid | $0.000000 |
| Term Assets Held | $27,500,000 |
| Outstanding Class A Certificates | 1,014,750 |
| Aggregate Certificate Principal Balance | $25,368,750 |
The filing does not provide data on revenue, profit margins, cash flow, debt levels, or liquidity ratios for the trust or the underlying issuer.
Material Changes
The filing reports a routine quarterly distribution event. There are no material changes to the capital structure or outstanding principal balances reported in this document. The aggregate principal amount of Term Assets held remains at $27,500,000.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary, or outlook. The document includes standard disclaimers stating that neither Structured Products Corp. nor the trustee has verified the accuracy of the underlying issuer's reports or participated in their preparation. The current credit rating of the Term Assets is not provided in this report; investors are directed to contact rating agencies directly.
Investor Verification Checklist
- Verify the credit rating of PECO Energy Company and the specific Term Assets, as this report does not include current ratings.
- Confirm the receipt of the $1.000000 interest distribution per $25 Class A Certificate.
- Review periodic reports filed by PECO Energy Company (File No. 000-16844) for updates on the underlying securities.
- Check for any undisclosed events affecting the underlying issuer that may impact the trust's ability to make future distributions.