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Aon plc (Ireland) | Structured Products CorTS, BellSouth Debentures, 7.00% Certificates (KTBA)

Prospectus excerpt:  Structured Products Corp., 7.00% CorTS (Corporate-Backed Trust Securities) Certificates, principal amount $25 per certificate, issued by CorTS Trust for BellSouth Debentures, the Trust. The underlying securities are the BellSouth Telecommunications Inc. One Hundred Year 7% Debentures due 12/01/2095. The underlying securities are the 7% One Hundred Year Debentures due 12/01/2095 issued by BellSouth Telecommunications Inc., a subsidiary of BellSouth Corp. (NYSE: BLS). The CorTS certificates will pay 7.00% per annum interest semiannually on 6/1 & 12/1. The CorTS certificates are not redeemable. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The certificates must be rated at least Aaa by Moody's and AAA by S&P to be issued. See the IPO prospectus for further information on the CorTS Certificates by clicking on the ‘Link to IPO Prospectus’ provided below. Structured Products Corp. is an indirect, wholly-owned subsidiary of Salomon Smith Barney Holdings, a member of Citigroup (NYSE: C).

Full Prospectus PDF », Secondary Prospectus PDF », AON Page »

Redeemable?:Yes
Maturity Date:12/1/2095
Cumulative?:Yes
Shares Offered:2,000,000
Liquidation Preference:$25.00
Original Coupon:7.00%
Pay Period:Biyearly
CDx3 Compliance Rating: Learn KTBA's Rating
Aon is a holding company. Through its subsidiaries, Co. provides advice and solutions to clients focused on risk, health and wealth through four principal products and services. Co.'s Commercial Risk Solutions includes retail brokerage, specialty solutions, global risk consulting and captives management, and Affinity programs. Co.'s Reinsurance Solutions includes treaty reinsurance, facultative reinsurance, Strategy and Technology Group and capital markets. Co.'s Health Solutions includes consulting and brokerage, consumer benefits solutions, and human capital solutions. Co.'s Wealth Solutions includes retirement consulting, pension administration, and investments consulting.

Preferreds: KTBA, KTN, KTH


Open the AON Information Page »
Name:  Aon plc (Ireland)
Website:  www.aon.com
Sector:  Insurance Brokers
Number of ETFs Holding AON:  91 (see which ones)
Total Market Value Held by ETFs:  $6,826,357,282.49
Total Market Capitalization:  $60,743,000,000
% of Market Cap. Held by ETFs:  11.24%

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