Business: 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. <p> 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. <p> Upon the redemption of the CorTS, an additional principle payment of $2.10 will be paid per note (see prospectus for more details) 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 interest. <p> The company has the right, at any time, to defer interest payments for up to 10 consecutive semiannual periods. If the interest is deferred it will accumulate at a rate of 7.90%. <p> The certificates must be rated at least baa2 by Moody's and BBB by S&P to be issued. <p> 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. <p> 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).