KTN Structured Products Corp 8.205% Trust Holding AON Capital securities due 2027

Structured Products Corp., 8.205% Credit-Enhanced CorTS (Credit-Enhanced Corporate-Backed Trust Securities) Certificates, principal amount $25 per certificate, issued by CorTS Trust for Aon Capital A, the Trust. The underlying securities of the CorTS trust are the 8.205% Capital Securities due 1/01/2027 issued by Aon Capital A and guaranteed by Aon Corp. The assets of the underlying capital securities trust are the 8.205% Junior Subordinated Deferrable Interest Debentures due 1/01/2027 which were purchased from Aon Corp. using the funds from the sale of the Capital Securities. The CorTS certificates will pay 8.205% dividends semiannually on 1/1 & 7/1 to holders of record one day prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The CorTS are redeemable if an adverse tax event occurs at $25 per share plus accrued and unpaid dividends. The company has the right, at any time, to defer interest payments for up to 10 consecutive semiannual periods. The certificates must be rated at least A3 by Moody's and A- by S&P to be issued.   This security was issued by Aon Plc , whose common stock symbol is AON.

$32.81  +0.01 (0.04%)
As of 06/18/2021 16:00:02 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Exchange traded debt
Category3:  Intermediate-term
GICS sector:  Financials
Industry:  Insurance Brokers
Index country:  USA
Country of incorporation:  Ireland
IPO date:  11/14/2013
Outstanding shares:  1,200,000
Average volume:  2,890
Market cap:   $39,376,800
Current dividend yield:  6.25%    calculation
Coupon rate:    8.210%
Liquidation value:   $25.00
Callable after:   01/01/1900
Maturity date:    01/01/2027
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    22532R101

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