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Structured Products CorTS, BellSouth Debentures, 7.00% Certificates
Ticker Symbol: KTBA     CUSIP: 22080E205     Exchange: OTOTC
Security Type:   Third Party Trust Preferred

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Structured Products Corp., 7.00% CorTS (Corporate-Backed Trust Securities) Certificates, principal amount $25 per certificate, issued by CorTS Trust for BellSouth Debentures, the Trust. The underlying securities are the BellSouth Telecommunications Inc. One Hundred Year 7% Debentures due 12/01/2095. The underlying securities are the 7% One Hundred Year Debentures due 12/01/2095 issued by BellSouth Telecommunications Inc., a subsidiary of BellSouth Corp. (NYSE: BLS). The CorTS certificates will pay 7.00% per annum interest semiannually on 6/1 & 12/1. The CorTS certificates are not redeemable. 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 Aaa by Moody's and AAA 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 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
OTOTCn
OTOTCps
7.00%
$1.75
$25.00
n.a.
Noncallable
12/01/2095
WR NF
12/16/2020
6/1 & 12/1
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (T)

Notes:  2/15/2007 -- From a QOL user - I have called the US Bank rep leaving a voice mail. She just called back saying that she was not in the office today but that this issue has not been called and agreed that it was not callable and will be traded in the over the counter market. __________ February 12, 2007 -- CorTS Trust For BellSouth Debentures (New York Stock Exchange Ticker Symbol KTB), announced today its intention to seek approval from the New York Stock Exchange and the Securities and Exchange Commission to terminate and strike from listing and registration on the Exchange the CorTS Trust For BellSouth Debentures, Corporate-Backed Trust Securities (CorTS) Certificates. On January 9, 2007, the Exchange filed with Commission a notice that it has complied with its rules to strike all classes of bonds of BellSouth Corporation and / or its predecessor or co-obligor subsidiaries BellSouth Telecommunications, Inc. and BellSouth Capital Funding Corporation from listing and registration on the Exchange. The Exchange subsequently delisted such securities and on January 24, 2007, BellSouth Telecommunications, Inc. filed a Form 15 with the Commission to terminate its reporting obligations under the Securities Exchange Act of 1934, as amended. As a result of such termination of reporting by BellSouth Corporation and BellSouth Telecommunications, Inc., it will not be possible to continue the listing of the CorTS Certificates identified above on the Exchange. Contact: US. Bank Trust National Association, Janet O’Hara, 212-361-2527

IPO - 6/10/1999 - 2.00 Million Certificates @ $25.00 /cert.    Link to IPO Prospectus
Previous Ticker Symbol: KTB    Changed: 2/23/2007
Market Value $49.6 Million

Click for current KTBA price quote from the PINK SHEETS
Click for current KTBA price quote from the NASDAQ

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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