SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_______________________

FORM 8-K

_______________________

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15 (d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): February 12, 2007

 

Structured Products Corp.

on behalf of

CorTS Trust for BellSouth Debentures

(Exact Name of Registrant as Specified in Charter)
 
Delaware   001-32113 13-3692801  
(State or Other Jurisdiction   (Commission File   (IRS Employer  
of Incorporation)   Number)   Identification No.)  
 
388 Greenwich Street
New York, New York
10013
(Address of Principal Executive Offices)  
(Zip Code)  
   
Registrant’s telephone number, including area code: (212) 816-7496
 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

 

 

 


 

 

Section 8       Other Events

 

 

Item 8.01

Other Events

 

On February 12, 2007, CorTS Trust for BellSouth Debentures issued a press release regarding its intention to seek approval from the New York Stock Exchange (the “Exchange”) and the Securities and Exchange Commission (the “Commission”) to terminate and strike from listing and registration on the Exchange the CorTS Trust For BellSouth Debentures, Corporate-Backed Trust Securities (CorTS) Certificates, a copy of which is attached as Exhibit 99.1 hereto.

 

 

 

 

 

 


 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.

 

STRUCTURED PRODUCTS CORP.

(Registrant)

By:    /s/ John W. Dickey

  Name: John W. Dickey

 

Title:

Authorized Signatory

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Date: February 12, 2007

 

 

 

 

 

 

 


 

 

EXHIBIT INDEX

Exhibit 99.1

Press release, dated February 12, 2007

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

EXHIBIT 99.1

Structured Products Corp.

Corporate-Backed Trust Securities (CorTS)

 

CorTS Trust For BellSouth Debentures

 

CUSIP: 22080E205

Symbol:

KTB

FOR IMMEDIATE RELEASE:

February 12, 2007

NEW YORK, NEW YORK –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 (the “Exchange”) and the Securities and Exchange Commission (the “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