UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
______________________________
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): January 31, 2011


Structured Products Corp.
on behalf of

CorTS Trust IV for Aon Capital A

(Exact name of registrant as specified in its charter)


 
Delaware
001-31612
13-3692801
 
 
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(IRS Employer Identification Number)
 
         
 
390 Greenwich Street
New York, New York
10013
(212) 723-4070
 
 
(Address of principal executive offices)
(Zip Code)
(Registrant's telephone number including area code)
 


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))
 
 
 

 
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Section 8 - 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 CorTS Trust IV for AON Capital A.

Structured Products Corp., the registrant hereunder, acts as depositor of the CorTS Trust IV for AON Capital A (the "Trust"). The sole assets of the Trust are $61,690,000 8.205% Capital Securities due January 1, 2027 (the "Term Assets") issued by Aon Capital A.  Pursuant to the trust agreement governing the Trust, the Trust has issued 2,467,600 Corporate–Backed Trust Certificates (the "Certificates") representing $61,690,000 aggregate certificate principal balance of Notes.   Pursuant to the trust agreement governing the Trust and the Warrant Agent Agreement, the Trust has issued 61,690 Warrants (the "Call Warrants").  U.S. Bank National Association, in its capacity as Warrant Agent, has received a notice from the holder of the Call Warrants of its intent to exercise all of the Call Warrants to purchase the Term Assets on February 14, 2011.  The exercise of the Call Warrants is conditional upon receipt by the Trustee of the Warrant Exercise Purchase Price by 1:00 p.m. (New York City time) with respect to such exercise on the Exercise Date. If the Trustee receives the Warrant Exercise Purchase Price, by 1:00 p.m. (New York City time) on the Redemption Date, then (i) Class A Certificates issued by the Trust will be redeemed in full on the Redemption Date at a price of $25.00 per Class A Certificate plus accrued interest of $0.238888 per Class A Certificate to the Redemption Date and (ii) $61,690,000 notional value of Class B Certificates will be redeemed in full on the Redemption Date with payment of accrued and unpaid interest of $0.244861 per $1,000 Class B Certificate.  If the Certificates are redeemed, no interest will accrue on the Certificates after the Redemption Date.   If the Trustee does not receive the Warrant Exercise Purchase Price, then (i) no Certificates issued by the Trust will be redeemed and they will continue to accrue distributions as if no exercise notice had been given and (ii) the Warrantholder may elect to deliver a conditional notice of exercise in the future.












 
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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/ Stanley Louie
 
________________________________
 
Name:  Stanley Louie
 
Title:    Vice President, Finance Officer.













January 31, 2011
 
 
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