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 2, 2019. 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"). U.S. Bank Trust National Association serves as the Trustee.
Key Financial Metrics
| Metric | Value |
|---|---|
| Aggregate Principal Balance Outstanding | $40,170,000 |
| Number of Certificates Outstanding | 1,606,800 |
| Distribution per $25 Certificate (Total) | $1.025625 |
| Distribution per $25 Certificate (Interest) | $1.025625 |
| Distribution per $25 Certificate (Principal/Premium) | $0.000000 |
| Accrued Interest Unpaid | $0.000000 |
| Trustee Fees Paid from Proceeds | $0.00 |
Material Changes
The filing does not provide comparative financial data or prior period metrics to assess material changes in revenue, profit, or margins. The document serves strictly as a notice of a scheduled distribution event rather than a periodic financial performance report.
Outlook, Risks, and Contingencies
- Underlying Issuer: The performance of the Trust is dependent on Aon plc (Exchange Act File Number 001-07933), the issuer of the underlying Term Assets.
- 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 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 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 per $25 certificate distribution.
- Review Aon plc's most recent periodic filings (10-K/10-Q) for any undisclosed events affecting the underlying assets.
- Check for any changes in the aggregate principal balance of the Trust in subsequent filings.