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Structured Products TIERS 2003-23 S&P 500 Index due 1/06/2009
Ticker Symbol: SPO*     CUSIP: G88653228     Exchange: AMEX
Security Type:   Special Product - Index Based
* NOTE: This security is no longer trading as of 1/06/2009

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Structured Products Corp., TIERS Principal-Protected Minimum Return Trust Certificates, Series S&P 2003-23, issued in $10 denominations. No periodic interest payments will be made on the certificates prior to maturity except under limited circumstances. The certificates do not provide for early redemption. At the maturity date of 1/06/2009 the trust will pay a minimum of the $10.00 principal amount plus an interest distribution amount (which will be not less than $0.90) based on the return of the S&P 500 Index (starting value 1,053.89) subject to a monthly appreciation cap of 4.5% which is reset on the 25th day of each month. Payments are guaranteed by a Financial Guaranty Insurance Policy issued by AMBAC Assurance Corp. As a condition of issuance, the certificates will be rated AAA by S&P and Aaa by Moody's. The certificates are expected to trade flat, which means any accrued and unpaid interest will be reflected in the trading price. See the IPO Prospectus for detailed information on the TIERS Certificates and the maturity payment 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).

Go to Parent Company's Record (C)

IPO - 12/2/2003 - 21.75 Million Certificates @ $10.00/cert.    Link to IPO Prospectus
Market Value $218.0 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:   390 Greenwich Street, New York, NY 10013
Main Phone Number 212-783-6645
Fax Number Not Available

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