Credit-Enhanced Corts Trust Aon

Credit-Enhanced Corts Trust Aon

KTN
Credit-Enhanced Corts Trust AonUS flagNew York Stock Exchange
25.34
USD
-0.04
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

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Growth Rates

FRC

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Quarterly Revenue

FRC

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

FRC

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Company Description

APIChatGPT
CEO
Paul Ghezzi
Full Time Employees
210
Sector
Financial Services
Industry
Financial - Credit Services
Address
388 Greenwich Street New York NY United States of America 10013
IPO Date
Dec 4, 2003
Business
Credit-Enhanced Corts Trust for Aon Capital A (KTN) operates as a special purpose entity that issues Credit-Enhanced Corporate-Backed Trust Securities (Credit-Enhanced CorTS), backed by 8.205% Capital Securities due January 1, 2027, issued by Aon Capital A and guaranteed by Aon Corporation. The trust's core offering consists of these preferred securities listed on the New York Stock Exchange under the ticker KTN, providing investors with fixed dividend payments at an annual yield of approximately 7.80%, with the most recent ex-dividend date on June 30, 2025, and payment on July 1, 2025; no other products or services are issued by the trust. Established by Structured Products Corp. as depositor prior to 2007, the Delaware-incorporated trust maintains its principal executive offices at 388 Greenwich Street, New York, New York 10013, with operations focused on the U.S. financial markets. The trust targets institutional and retail investors seeking enhanced preferred securities in the financial services sector, with no subsidiaries or parent company relationships beyond its backing by Aon Corporation entities. Recent SEC filings confirm ongoing compliance as a passive issuer, including the annual 10-K report for the fiscal year ended December 31, 2024, filed through U.S. Bank Trust National Association as trustee, with no reported partnerships, acquisitions, funding rounds, new product launches, strategic shifts, or operational changes within the last two years. Dividend payments have continued uninterrupted, reflecting stable performance amid market fluctuations, with the security trading in a 52-week range of $25.60 to $27.40 as of late 2025.