ST

STRUCTURED PRODUCTS CORP CRED ENHANCE CORTS TR FOR AON CAP A

A trust issuing corporate-backed securities that passes through debt payments to investors.

KTN | US

Overview

Corporate Details

ISIN(s):
US22532R1014
LEI:
Country:
United States of America
Address:
388 GREENWICH ST, 10013 NEW YORK
Sector:
Financial and insurance activities
Industry:
Other financial service activities, except insurance and pension funding activities

Description

STRUCTURED PRODUCTS CORP CRED ENHANCE CORTS TR FOR AON CAP A is a statutory trust, not an operating company. It was formed to issue Corporate-Backed Trust Securities (CorTS). The trust holds capital securities issued by Aon, a global professional services firm focused on risk and human capital solutions. The primary function of the trust is to pass through payments from the underlying Aon debt securities to investors who hold the trust's certificates. This structure provides a fixed-income investment vehicle, such as the 8.205% Credit-Enhanced CorTS, which are linked to the credit of Aon.

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Insider Transactions

Date Insider Name Position Type Shares Value
No insider transactions recorded for this company.

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