KTH Search Results - QuantumOnline.com
Quick Search
Top Banner

Session.supporter not defined

Register
quantumonline home Income Tables Income Lists Stock Lists Special Lists Investment Services Investment Information quantumonline home

Structured Products CorTS, PECO Energy Cap Trust III, 8% Certificates
Ticker Symbol: KTH     CUSIP: 22080R206     Previous CUSIP:      Exchange: NYSE
Security Type:   Third Party Trust Preferred

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Structured Products Corp., 8.0% CorTS (Corporate-Backed Trust Securities) Certificates, principal amount $25 per certificate, issued by CorTS Trust for PECO Energy Capital Trust III, the Trust. The underlying securities are the 7.38% Capital Trust Pass-Through Securities issued by PECO Energy Capital Trust III whose sole assets are the 7.38% Cumulative Preferred Securities, Series D issued by PECO Energy Capital L.P. due 4/06/2028. The sole assets of PECO Energy Capital L.P. are the 7.38% Subordinated Deferrable Interest Debentures, Series D, due 4/06/2028.

The CorTS certificates will pay 8.00% dividends semiannually on 4/30 & 10/31 to holders of record on the first day prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date).

The CorTS are redeemable any time at the issuer's option if there is an adverse tax event at $25 per share plus an additional payment of $2.10 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 baa2 by Moody's and BBB by S&P to be issued.

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.

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 Citigroup Global Markets Holdings Inc., formerly Salomon Smith Barney Holdings, a member of Citigroup (NYSE: C).

Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
NYSE
Chart
8.00%
$2.00
$25.00
$27.10
n.a.
4/06/2028
A3 BBB-
4/16/2023
4/30 & 10/31
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Goto Parent Company's Record (EXC)

IPO - 1/25/2001 - 1.01 Million Certificates @ $25.00 /cert.    Link to IPO Prospectus
   Changed: 1/01/00
   Changed: 1/01/00
Market Value $ Million

Yahoo News Summary for KTH
YAHOO! Profile for KTH
Yahoo Detailed Quote
MarketWatch Quote
MSN Company Report for KTH

Company's Online Information Links
Home Page:   We know of no Home Page for this company.

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Goto SEC Filings

Address and Phone Numbers
Address:   388 Greenwich Street, New York, NY 10013
Main Phone Number 212-816-7496
Fax Number Not Available

Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.


investment Links contact quantumonline guestbook
quantumonline supporters about quantumonline using quantumonline


QuantumOnline.com
Copyright © 1997 - 2024 QuantumOnline.com. All rights reserved.
Latest Update: