Business Context and Reporting Period
This Form 8-K filing by Structured Products Corp. relates to the Credit-Enhanced CorTS Trust for Aon Capital A. The report covers a distribution event with a Distribution Date of January 1, 2005. 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").
Key Financial Metrics
| Metric | Value |
|---|---|
| Aggregate Principal Amount of Term Assets | $40,170,000 |
| Outstanding Certificates | 1,606,800 |
| Aggregate Certificate Principal Balance | $40,170,000 |
| 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 |
| Fees Paid from Term Assets Proceeds | $0.00 |
Material Changes
The filing does not provide comparative data for a prior period to assess material changes in financial performance. The report focuses solely on the specific distribution event for the January 1, 2005 date.
Outlook, Risks, and Management Commentary
- Rating Information: The current credit rating of the Term Assets is not provided in this report. Holders are directed to contact Standard & Poor's or Moody's for current ratings.
- Due Diligence Disclaimer: Neither Structured Products Corp. nor the trustee has participated in the preparation of the issuer's reporting documents, made any due diligence investigation, or verified the accuracy or completeness of such documents.
- Disclosure Risk: There is no assurance that events affecting the issuer or the underlying securities have not occurred or have not been publicly disclosed which could affect the accuracy of publicly available documents.
Investor Verification Checklist
- Verify the current credit rating of the Aon Capital A 8.205% Capital Securities due 2027 directly with rating agencies, as it is not included in this filing.
- Confirm the accuracy of the underlying issuer's periodic reports, as the trustee explicitly disclaims verification of such documents.
- Review the CUSIP number (22532R101) for accuracy, noting the trustee's disclaimer regarding responsibility for its selection or correctness.
- Check for any undisclosed events affecting the issuer that may impact the value of the Term Assets.