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 January 3, 2012. The Trust holds $40,170,000 in aggregate principal amount of Aon Capital A 8.205% Capital Securities due January 1, 2027, as underlying Term Assets.
Key Financial Metrics
- Distribution Date: January 3, 2012
- Outstanding Certificates: 1,606,800 certificates representing $40,170,000 aggregate principal balance.
- Distribution per $25 Certificate (Class A):
- Principal: $0.000000
- Interest: $1.025625
- Total Distribution: $1.025625
- Accrued Interest: $0.000000 (aggregate interest due and not paid).
- Trustee Fees: No fees were paid to the Trustee or other parties from Term Asset proceeds.
Material Changes
The filing does not provide comparative financial data or prior period metrics to assess material changes in revenue, profit, or cash flow. The document serves solely as a notice of the specific distribution event for the reported date.
Guidance, Outlook, and Risks
- Underlying Issuer: Aon Corporation (Exchange Act File Number 001-07933).
- Ratings: The current rating of the Term Assets is not provided in this report. Investors are directed to contact Standard & Poor's or Moody's for rating information.
- 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. There is no assurance that undisclosed events have not occurred that would affect the accuracy of publicly available documents.
Investor Verification Checklist
- Verify the current credit rating of Aon Corporation and the specific 8.205% Capital Securities.
- Confirm the receipt of the $1.025625 per $25 certificate distribution.
- Review Aon Corporation's periodic SEC filings for any undisclosed events affecting the underlying securities.
- Check for any updates on the $40,170,000 aggregate principal balance of the Term Assets.