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 2, 2018. The Trust holds Aon plc 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 Principal Balance | $40,170,000 |
| Number of Outstanding Certificates | 1,606,800 |
| Distribution per $25 Certificate (Interest) | $1.025625 |
| Distribution per $25 Certificate (Principal) | $0.000000 |
| Accrued Interest Unpaid | $0.000000 |
| Trustee Fees Paid from Proceeds | $0.00 |
Material Changes
The filing reports a routine interest distribution event. There are no material changes to the principal balance or the underlying assets reported in this specific document. The filing does not provide comparative financial data against prior periods.
Outlook, Risks, and Contingencies
- Underlying Issuer: The performance of the Trust is dependent on Aon plc (Exchange Act File Number 001-07933).
- 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 for current ratings.
- Due Diligence Disclaimer: Structured Products Corp. and the Trustee have not participated in the preparation of the underlying issuer's reports, nor have they verified the accuracy or completeness of such documents.
- Unusual Items: No unusual items or contingencies were disclosed in this filing.
Investor Verification Checklist
- Verify the current credit rating of Aon plc and the specific 8.205% Capital Securities due 2027.
- Confirm the receipt of the $1.025625 interest distribution per $25 certificate.
- Review Aon plc's periodic reports (10-K, 10-Q) for any undisclosed events affecting the underlying securities.
- Check for any subsequent filings regarding the Trust or the underlying issuer that may impact the $40.17 million principal balance.