UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-D
ASSET-BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 13(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For
the distribution period from
June 1, 2007
to
December 1, 2007
|
Commission File Number of Issuing entity:
|
333-133978-02
|
CORTS TRUST VI FOR IBM
DEBENTURES
(Exact name of issuing entity as specified in its charter)
|
Commission File Number of depositor:
|
333-133978
|
Structured
Products
Corp.
(Exact name of depositor as specified in its charter)
Structured
Products
Corp.
(Exact name of sponsor as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization of the
issuing entity)
13-3692801
_____________________________________
(I.R.S. Employer Identification No.)
New York,
NY
_____________________
|
10013
|
(Address of principal executive offices of issuing
entity)
|
(Zip Code)
|
(212)
816-7496
(Telephone number, including area code)
No
Change
(Former name, former address, if changed since last report)
Registered/reporting pursuant to (check one)
|
Title of Class
|
Section 12(b)
|
Section 12(g)
|
Section 15(d)
|
Name of exchange
(If Section 12(b))
|
CorTS Trust VI for IBM
Debentures
|
|
|
x
|
|
Has
the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the
Securities and Exchange Act of 1934 during the preceding 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been subject
to such filing requirements for the past 90
days?
YES
x
NO _________
PART
I - DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information.
The response to Item 1. is set forth in part herein and in part in
Exhibit 99.1. Introductory and explanatory information regarding the material terms,
parties and distributions described in Exhibit 99.1 is included in the Prospectus
Supplement, dated October 20, 2006, relating to the 6.375% Corporate-Backed Trust
Securities (CorTS) Certificates (the “CorTS”) and the related Prospectus,
dated September 19, 2006 (collectively, the “Prospectus”), of CorTS Trust
VI for IBM Debentures (the “Issuing Entity”) filed with the Securities and
Exchange Commission pursuant to Rule 424(b)(5) under the Securities Act of
1933.
The
CorTS
were offered under the Prospectus.
PART
II - OTHER INFORMATION
ITEM 2 - LEGAL PROCEEDINGS
Nothing to report.
ITEM 3 - SALES OF SECURITIES AND USE OF PROCEEDS.
[Nothing to report]
ITEM 4 - DEFAULTS UPON SENIOR SECURITIES.
Nothing to report.
ITEM 5 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY
HOLDERS.
Nothing to report.
ITEM 6 - SIGNIFICANT OBLIGORS OF POOL ASSETS.
International Business Machines Corporation, the
issuer of the underlying securities, is subject to the information reporting
requirements of the Securities Exchange Act of 1934 (the “Exchange Act”).
For information on International Business Machines Corporation, please see its periodic
and current reports filed with the Securities and Exchange Commission (the
“Commission”) under its Exchange Act file number, 001-02360. The Commission
maintains a site on the World Wide Web at “http://www.sec.gov” at which
users can view and download copies of reports, proxy and information statements and
other information filed electronically through the Electronic Data Gathering, Analysis
and Retrieval system, or “EDGAR.” Periodic and current reports and other
information required to be filed pursuant to the Exchange Act by International Business
Machines Corporation may be accessed on this site. You can request copies of these
documents, upon payment of a duplicating fee, by writing to the SEC. The public may
read and copy any materials filed with the Commission at the Commission’s Public
Reference Room at 100 F Street, NE, Washington, DC 20549. The public may obtain
information on the operation of the Public Reference Room by calling the Commission at
1-800-SEC-0330. Please call the SEC at (800) SEC-0330 for further information on the
operation of the SEC's public reference rooms. [In addition, such reports and other
information can be inspected at the offices of the New York Stock Exchange at 20 Broad
Street, New York, New York 10005.] Neither Structured Products Corp. nor the Trustee
has participated in the preparation of such reporting documents, or made any due
diligence investigation with respect to the information provided therein. Neither
Structured Products Corp. nor the Trustee has verified the accuracy or completeness of
such documents or reports. There can be no assurance that events affecting the issuer
of the underlying securities or the underlying securities themselves have not occurred
or have not yet been publicly disclosed which would affect the accuracy or completeness
of the
publicly available documents described
above.
ITEM 7 - SIGNIFICANT ENHANCEMENT PROVIDER
INFORMATION.
Inapplicable.
ITEM 8 - OTHER INFORMATION.
[Nothing to report.]
ITEM 9 - EXHIBITS
(a) Documents filed as part of this
report.
Exhibit
99.1
June 2007
Statement to Certificateholders
(b) Exhibits required by Form 10-D and Item 601 of
Regulation S-K.
Exhibit 99.1
June 2007
Statement to
Certificateholders.
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 thereunto duly authorized.
Structured Products
Corp.
(Registrant)
By:
/
s/
John W.
Dickey
|
Title:
|
Authorized Signatory
|
EXHIBIT INDEX
|
Exhibit Number
|
Description
|
|
Exhibit 99.1
|
Distribution Statement
|
Exhibit 1
To the Holders of:
|
|
CorTS Trust VI for IBM Debentures
|
6.375%
Corporate-Backed Trust Securities (CorTS) Certificates
|
*CUSIP:
|
22080F202
|
CorTS ® Callable Trust Certificates
(“CorTS”)
|
*CUSIP:
|
22080FAA1
|
I/O Certificates
|
|
|
|
|
U.S. Bank Trust National Association, as Trustee for
the CorTS Trust VI for IBM Debentures, hereby gives notice with respect to the
Distribution Date of December 1, 2007 (the “Distribution Date”) as
follows:
1.
|
The amount of the distribution payable to the
Certificateholders on the Distribution Date allocable to principal and
premium, if any, and interest, expressed as a dollar amount per $25
CorTS and per $1,000 notional amount of I/O Certificates, is as set
forth below:
|
Class
|
Principal
|
Interest
|
Total Distribution
|
CorTS
|
$
|
0.000000
|
$
|
0.796875
|
$
|
0.796875
|
I/O Certificates
|
$
|
0.000000
|
$
|
3.750000
|
$
|
3.750000
|
|
|
|
|
|
|
|
|
2.
|
The amount of aggregate interest due and not paid as of
the Distribution Date is
$
0.000000
.
|
3.
|
No fees have been paid to the Trustee or any other party
from the proceeds of the Underlying Securities.
|
4.
|
$60,000,000
aggregate principal amount of
International Business Machines
Corporation 7.125% Debentures due December 1, 2096
CUSIP:
459200AP6
(the “Underlying Securities”) were held for
the above trust during the entire period covered by this
statement.
|
5.
|
The trustee received an interest payment of
$2,137,500.00
on the Underlying Securities on December 1, 2007. Of
that amount
,
$1,650,625.00
was repaid to the Depositor
as the payment of the balance of the purchase price of the Underlying
Securities.
|
6.
|
At the close of business on the Distribution
Date,
2,400,000
CorTS representing
$60,000,000
aggregate Certificate Principal Balance and
$60,000,000
aggregate Notional Amount of I/O Certificates were
outstanding.
|
U.S. Bank Trust National Association, as
Trustee
|
*The Trustee shall not be held responsible for the
selection or use of the CUSIP number nor is any representation made as to its
correctness. It is included for the convenience of the Holders.