STRUCTURED PRODUCTS CORP 8-K: Routine 'Other Event' Filing for Aon Capital A Trust
Ticker: KTN · Form: 8-K · Filed: 2024-01-10T00:00:00.000Z
Sentiment: neutral
Topics: debt, asset-backed-securities, compliance, other-events
TL;DR
**Routine 8-K for Aon Capital A debt trust, no new material info.**
AI Summary
Structured Products Corp. filed an 8-K on January 10, 2024, on behalf of Credit Enhanced CorTS Trust for Aon Capital A, reporting an 'Other Event' that occurred on January 2, 2024. This filing is a routine disclosure for asset-backed securities, indicating no major financial or operational changes. For investors, this means there's no immediate new information impacting the underlying value or risk of the Aon Capital A related debt securities.
Why It Matters
This filing is a standard disclosure for asset-backed securities and does not signal any significant new developments that would alter an investor's outlook on the underlying debt.
Risk Assessment
Risk Level: low — The filing reports a standard 'Other Event' without disclosing any specific new risks or material changes to the registrant's financial condition or operations.
Analyst Insight
Investors should recognize this as a routine compliance filing for asset-backed securities, not signaling any new material information that would necessitate immediate action or re-evaluation of their investment in Aon Capital A related debt.
Key Players & Entities
- Structured Products Corp. (company) — registrant filing the 8-K on behalf of the trust
- Credit Enhanced CorTS Trust for Aon Capital A (company) — the trust for which the 8-K is filed
- Aon Capital A (company) — the entity whose capital is referenced by the trust
- January 2, 2024 (date) — date of the earliest event reported
- January 10, 2024 (date) — date the 8-K was filed
FAQ
What is the purpose of this 8-K filing by Structured Products Corp.?
Structured Products Corp. filed this 8-K on behalf of Credit Enhanced CorTS Trust for Aon Capital A to report an 'Other Event' under Item 8.01, as required by the Securities Exchange Act of 1934.
What was the date of the earliest event reported in this 8-K?
The earliest event reported in this 8-K occurred on January 2, 2024, as stated in the 'Date of Report (Date of earliest event reported)' section.
What is the Commission File Number for the registrant?
The Commission File Number for Structured Products Corp. on behalf of Credit Enhanced CorTS Trust for Aon Capital A is 001-32132.
Where is the principal executive office of the registrant located?
The principal executive office of the registrant is located at 388 Greenwich Street, New York, New York 10013.
Does this 8-K indicate that the registrant is an emerging growth company?
No, the filing indicates with an unchecked box that the registrant is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 934 words · 4 min read · ~3 pages · Grade level 11.1 · Accepted 2024-01-10 10:03:47
Key Financial Figures
- $25 — erest, expressed as a dollar amount per $25 Certificates, is as set forth below: C
- $0.000000 — not paid as of the Distribution Date is $0.000000. 3. No fees have been paid to the Tr
- $40,170,000 — the proceeds of the Term Assets. 4. $40,170,000 aggregate principal amount of Aon Capit
Filing Documents
- cortsaoncapitala_8k.htm (8-K) — 28KB
- 0001068238-24-000004.txt ( ) — 30KB
01 Other Events
Item 8.01 Other Events. This current report on Form 8-K relates to a distribution made to holders of the Certificates issued by the Credit Enhanced CorTS Trust for Aon Capital A. The issuer of the underlying securities, or guarantor thereof, or successor thereto, as applicable, is subject to the information reporting requirements of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Periodic reports and other information required to be filed pursuant to the Exchange Act, by the issuer of the underlying securities, or guarantor thereof, or successor thereto, as applicable, may be inspected and copied at the public reference facilities maintained by the Securities and Exchange Commission (the "Commission") at 450 Fifth Street, N.W., Washington, D.C. 20549. The Commission also maintains a site on the World Wide Web at "http://www.sec.gov" at which users can view and download copies of reports, proxy and information statements and other information filed electronically through the Electronic Data Gathering, Analysis and Retrieval system. Neither Structured Products Corp. nor the trustee has participated in the preparation of such reporting documents, or made any due diligence investigation with respect to the information provided therein. Neither Structured Products Corp. nor the trustee has verified the accuracy or completeness of such documents or reports. There can be no assurance that events affecting the issuer of the underlying securities, or guarantor thereof, or successor thereto, as applicable, or the underlying securities have not occurred or have not yet been publicly disclosed which would affect the accuracy or completeness of the publicly available documents described above. Underlying Securities Issuer(s) or Guarantor, or successor thereto Exchange Act File Number Aon plc 001-07933 Section 9 - Financial Statements and Exhibits
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (c) Exhibits: 1. Trustee's Report with respect to the January 2, 2024 Distribution Date for the Credit Enhanced CorTS Trust for Aon Capital A 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. By: / s / Jeffrey Kania ________________________________ Name: Jeffrey Kania Title: President January 2, 2024 3 EXHIBIT INDEX Exhibit Page 1 Trustee's Report with respect to the January 2, 2024 Distribution Date for the Credit Enhanced CorTS Trust for Aon Capital A 5 4 Exhibit 1 To the Holders of: Credit Enhanced CorTS Trust for Aon Capital A 8.205% Corporate-Backed Trust Securities (CorTS) Certificates Class A *CUSIP: 22532R101 U.S. Bank Trust National Association, as Trustee for the Credit Enhanced CorTS Trust for Aon Capital A, hereby gives notice with respect to the Distribution occurring on January 2, 2024 (the "Distribution Date") as follows: 1. The amount of the distribution payable to the Certificateholders on the Distribution Date allocable to principal and premium, if any, and interest, expressed as a dollar amount per $25 Certificates, is as set forth below: Class Principal Interest Total Distribution A $ 0.000000 $ 1.025625 $ 1.025625 2. The amount of aggregate interest due and not paid as of the Distribution Date is $0.000000. 3. No fees have been paid to the Trustee or any other party from the proceeds of the Term Assets. 4. $40,170,000 aggregate principal amount of Aon Capital A 8.205% Capital Securities due January 1, 2027 (the "Term Assets") are held for the above trust. 5. At the close of business on the Distribution Date, 1,606,800 Certificates representing $40,170,000 aggregate Certificates Principal Balance were outstanding. 6. The current rating of the Term Assets is not provided in this report. Ratings can be obtained from Standard & Poor's Ratings Services, a division of The McGraw-Hill Companies, Inc., by calling 212-438-2400 and from Moody's Investors Service, Inc. by calling 212-553-0377. U.S. Ban