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    Structured Products CorTS, Unum Notes, 7.5% Certificates
    Ticker Symbol: KVN*     CUSIP: 22082H206     Exchange: NYSE
    Security Type:   Third Party Trust Preferred
    * NOTE: This security is no longer trading as of 6/11/2010

    Security has been Called for:  Friday, June 11, 2010

    Structured Products Corp., the registrant hereunder, acts as depositor of the CorTS Trust for Unum Notes (the "Trust"). The sole assets of the Trust are $27,778,000 6.75% Notes due December 15, 2028 (the "Term Assets") issued by The Unum Group. Pursuant to the trust agreement governing the Trust, the Trust has issued 1,000,008 Corporate–Backed Trust Securities Class A Certificates (the “Certificates”) representing $25,000,200 aggregate certificate principal balance of Class A Notes. Pursuant to the trust agreement governing the Trust and the Warrant Agent Agreement, the Trust has issued 27,778 Warrants (the "Call Warrants"). U.S. Bank National Association, in its capacity as Warrant Agent, has received a notice from the holder of the Call Warrants of its intent to exercise 27,778 Call Warrants to purchase the Term Assets in full on June 11, 2010. The exercise of the Call Warrants is conditional upon receipt by the Trustee of the Warrant Exercise Purchase Price by 11:00 a.m. (New York City time) with respect to such exercise on the Exercise Date. As a result, if the Trustee receives the Warrant Exercise Purchase Price, the Certificates will be redeemed in full on June 11, 2010 (the “Redemption Date”) at a price of $25 plus accrued interest of 0.916667 per Class A Certificate to the Redemption Date. No interest will accrue on the Certificates after the Redemption date.

    QUANTUMONLINE.COM SECURITY DESCRIPTION:  Structured Products Corp., 7.50% CorTS (Corporate-Backed Trust Securities) Class A Certificates, principal amount $25 per certificate, issued by CorTS Trust for Unum Notes, the Trust. The underlying securities are the 6.75% Notes due 12/15/2028 issued by UNUM Corp., now UNUMProvident Corp. (NYSE: UNM). The CorTS certificates will pay 7.50% ($1.875) per annum interest semiannually on 6/15 & 12/15 to holders of record on the day immediately prior to the payment date. The CorTS are redeemable on or after 7/26/2007 under the call warrants at $25 per share plus accrued and unpaid interest. 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 Baa2 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).
    Stock
    Exchange
    Cpn Rate
    Ann Amt
    LiqPref
    CallPrice
    Call Date
    Matur Date
    Moodys/S&P
    Dated
    Distribution Dates 15%
    Tax Rate
    NYSE
    Chart
    7.50%
    $1.875
    $25.00
    $25.00
    Called for
    6/11/2010

    12/15/2028
    Ba1 BBB-
    9/17/2009
    6/15 & 12/15
    Click for MW ExDiv Date
    Click for Yahoo ExDiv Date
    No

    Go to Parent Company's Record (UNM)

    IPO - 7/26/2002 - 1.00 Million Certificates @ $25.00/cert.    Link to IPO Prospectus
    Market Value $24.1 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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