SEC Filing Summary: Structured Products Corp. (Credit-Enhanced CorTS Trust For Aon Capital A)
Business Context and Reporting Period
This Form 10-K covers the fiscal year ended December 31, 2009. The registrant is a special purpose trust established by Structured Products Corp. (the "Depositor") to issue Credit-Enhanced Corporate-Backed Trust Securities (Credit-Enhanced CorTS) Certificates. The underlying securities are issued or guaranteed by Aon Corporation (Exchange Act File No. 001-07933). The Certificates are listed on the New York Stock Exchange and held by Cede & Co. as nominee for The Depository Trust Company.
Key Financial Metrics
The filing explicitly states that standard financial reporting items are Not Applicable or contain None due to the nature of the trust structure and applicable no-action letters (CABCO). Consequently, the following data points are not provided in this document:
- Revenue: Not provided.
- Profit/Loss: Not provided.
- Cash Flow: Not provided.
- Margins: Not provided.
- Debt and Liquidity: Not provided.
- Selected Financial Data: None.
- Financial Statements: None.
Investors are directed to the periodic reports of the underlying issuer, Aon Corporation, for financial performance data.
Material Changes
The filing does not disclose material changes in financial condition or results of operations for the registrant itself, as the registrant is a pass-through vehicle. The document notes that distribution reports filed on Form 8-K during the fiscal year (specifically for distribution dates of January 1, 2009, and July 1, 2009) are incorporated by reference, but the text of those reports is not included in this summary.
Guidance, Outlook, and Risks
Management Commentary: Not Applicable. The filing states that the Depositor and Trustee have not participated in the preparation of the underlying issuer's reports and have not verified their accuracy.
Risks and Contingencies: The filing highlights that there can be no assurance that events affecting Aon Corporation or the underlying securities have not occurred that would affect the accuracy of publicly available documents. The Certificates do not represent obligations of the Depositor or the Trustee.
Guidance: No forward-looking guidance is provided in this filing.
Key Facts for Investor Verification
- Verify the credit status and financial health of the underlying issuer, Aon Corporation, as the trust's performance is entirely dependent on it.
- Review the specific Form 8-K distribution statements filed on January 9, 2009, and July 9, 2009, for actual cash flow and distribution details not present in this 10-K.
- Confirm that the Certificates are not obligations of Structured Products Corp. or U.S. Bank Trust National Association.
- Note that the registrant is classified as a Non-accelerated filer and is not a shell company.