Business: Structured Products Corp., 7 5/8% CorTS (Corporate-Backed Trust Securities) Certificates, principal amount $25 per certificate, issued by CorTS Trust for J.C. Penney Debentures, the Trust. The underlying securities are the 7 5/8% Debentures due 3/01/2097 issued by J.C. Penney Co. Inc. (NYSE: JCP). The CorTS certificates will pay 7 5/8% per annum interest semiannually on 3/1 & 9/1 to holders of record on dates not specified in the prospectus. The CorTS are redeemable any time at the underlying issuer's option at $25 plus the sum of the present value of the remaining scheduled payments (see prospectus for details) plus accrued and unpaid interest which appears to make the actual redemption of these securities unlikely prior to the maturity date. 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 A3 by Moody's and A 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 Citigroup Global Markets Holdings Inc., formerly Salomon Smith Barney Holdings, a member of Citigroup (NYSE: C).