SEC Filing Summary: Structured Products Corp. Cred Enhance Corts Tr for Aon Cap A
Business Context and Reporting Period
This Form 8-K Current Report, dated July 1, 2004, pertains to the Credit-Enhanced CorTS Trust for Aon Capital A. The filing serves as a notice regarding the distribution payable to certificateholders on the July 1, 2004 Distribution Date. The trust holds Aon Capital A 8.205% Capital Securities due January 1, 2027, as Term Assets.
Key Financial Metrics
- Outstanding Certificates: 1,606,800 certificates representing an aggregate principal balance of $40,170,000.
- Term Assets Held: $40,170,000 aggregate principal amount of Aon Capital A 8.205% Capital Securities.
- Distribution per $25 Certificate:
- Principal: $0.000000
- Interest: $1.025625
- Total Distribution: $1.025625
- Accrued Interest: $0.000000 aggregate interest due and not paid as of the Distribution Date.
- Trustee Fees: No fees were paid to the Trustee or any other party from the proceeds of the Term Assets.
Material Changes
The filing does not report material changes in control, asset acquisitions or dispositions, bankruptcy, or changes in certifying accountants. The report focuses solely on the routine distribution event for the specified period.
Outlook, Risks, and Management Commentary
The Trustee explicitly states that neither Structured Products Corp. nor the Trustee participated in the preparation of the issuer's reporting documents, conducted due diligence, or verified the accuracy of the underlying information. There is no assurance that undisclosed events affecting the issuer or underlying securities have not occurred. 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 directly for rating information.
Investor Verification Checklist
- Verify the current credit rating of the underlying Aon Capital A 8.205% Capital Securities with rating agencies, as it is not included in this filing.
- Confirm the financial health and reporting status of the underlying issuer (Aon Capital A) via separate SEC filings.
- Note that the Trustee has not verified the accuracy of the underlying issuer's disclosures.
- Confirm the receipt of the $1.025625 interest distribution per $25 certificate.