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, 2014. The Trust holds $40,170,000 in aggregate principal amount of Aon Capital A 8.205% Capital Securities due January 1, 2027, which serve as the underlying Term Assets.
Key Financial Metrics
| Metric | Value |
|---|---|
| Aggregate Principal of Term Assets | $40,170,000 |
| Outstanding Certificates | 1,606,800 |
| Aggregate Certificate Principal Balance | $40,170,000 |
| Interest Distribution per $25 Certificate | $1.025625 |
| Principal Distribution per $25 Certificate | $0.000000 |
| Total Distribution per $25 Certificate | $1.025625 |
| Unpaid Interest | $0.000000 |
| Trustee Fees Paid from Proceeds | $0.00 |
Material Changes
The filing does not provide comparative data for prior periods to assess material changes in financial performance. The document serves strictly as a notice of the specific distribution made on the reporting date.
Outlook, Risks, and Contingencies
- Underlying Issuer: The underlying securities are issued or guaranteed by 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.
- Disclaimer: Structured Products Corp. and the Trustee have not verified the accuracy or completeness of reports filed by the underlying issuer. There is no assurance that undisclosed events affecting the underlying securities have not occurred.
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 periodic reports filed by Aon plc (File No. 001-07933) for any undisclosed events affecting the underlying assets.
- Check for any subsequent filings regarding the Trust or the underlying securities.