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    Structured Products CorTS III, Provident Financing Trust I, 8.10% Certificates
    Ticker Symbol: KRJ*     CUSIP: 22081P209     Exchange: NYSE
    Security Type:   Third Party Trust Preferred
    * NOTE: This security is no longer trading as of 4/17/2013

    Security has been Called for:  Wednesday, April 17, 2013

    April 2, 2013--The 8.10% Corporate-Backed Trust Securities (CorTS) Certificates(Issued by Provident Financing Trust I) due 3/15/2038 of STRUCTURED PRODUCTS CORP. shall be dealt in as called issues (KRJ CL). This issue will be called for redemption on April 17, 2013 at $25.00 per share plus any accrued dividends/distributions.

    QUANTUMONLINE.COM SECURITY DESCRIPTION:  Structured Products Corp., 8.10% CorTS (Corporate-Backed Trust Securities) Certificates, principal amount $25 per certificate, issued by CorTS Trust III for Provident Financing Trust I, the Trust. The underlying securities of the CorTS trust are the 7.405% Capital Securities due 3/15/2038 issued by Provident Financing Trust I and guaranteed by Provident Cos. Inc, now UnumProvident Corp. (NYSE: UNM). The assets of the underlying capital securities trust are the 7.405% Junior Subordinated Deferrable Interest Debentures, Sereies A due 3/15/2038 which were purchased from UnumProvident Corp. using the funds from the sale of the Capital Securities. The CorTS certificates will pay 8.10% ($2.025) distributions semiannually on 3/15 & 9/15 to holders of record on the day immediately prior to the payment date. The CorTS certificates are redeemable under the call warrants on or after 4/30/2006 at $25 per share plus an additional payment of $2.34 plus accrued and unpaid dividends. The issuer has the right, at any time, to defer interest payments for up to 10 consecutive semiannual periods (but not beyond the maturity date). 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
    8.10%
    $2.025
    $25.00
    $27.34
    Called for
    4/17/2013

    3/15/2038
    Baa3 BB+
    3/06/2013
    3/15 & 9/15
    Click for MW ExDiv Date
    Click for Yahoo ExDiv Date
    No

    Go to Parent Company's Record (UNM)

    IPO - 5/1/2001 - 1.05 Million Certificates @ $25.00/cert.    Link to IPO Prospectus
    Market Value $25.9 Million

    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 Go to SEC Filings

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

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