-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PNfLs7UEvWNj0U6T2M9gHt3S+WNTtIhtLZ18anDgv8d48DEWgW8HXHAkyDqgLpBS OinT2FrU7PZpGqrgGqSIXQ== 0000889812-98-000041.txt : 19980114 0000889812-98-000041.hdr.sgml : 19980114 ACCESSION NUMBER: 0000889812-98-000041 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971231 FILED AS OF DATE: 19980113 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: STRUCTURED PRODUCTS CORP CENTRAL INDEX KEY: 0000894356 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 133692801 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: SEC FILE NUMBER: 001-13668 FILM NUMBER: 98505681 BUSINESS ADDRESS: STREET 1: SEVEN WORLD TRADE CENTER STREET 2: RM 33 130 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10048 BUSINESS PHONE: 2127836645 10-K 1 ANNUAL REPORT SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: Commission file number: December 31, 1997 33-55860 STRUCTURED PRODUCTS CORP., on behalf of TIERS(SM) Corporate Bond-Backed Certificates Trust IBM 1997-4, TIERS(SM) Corporate Bond-Backed Certificates Trust BLS 1997-6 and TIERS(SM)Corporate Bond-Backed Certificates Trust APA 1997-8 (Issuer in respect of the TIERS(SM) Corporate Bond-Backed Certificates) (Exact name of registrant as specified in its charter) United States of America 13-3692801 (State or other jurisdiction (I.R.S. Employer of incorporation or organization Identification No.) Seven World Trade Center Room 13-130, 33rd Floor New York, NY 10048 (Address of principal executive offices) (zip code) Registrant's telephone number, including area code: (212) 783-6645 Securities registered pursuant to Section 12(b) of the Act: TIERS(SM)Corporate Bond-Backed Certificates, Series IBM 1997-4 Amortizing Class Certificates TIERS(SM)Corporate Bond-Backed Certificates, Series BLS 1997-6 Amortizing Class Certificates TIERS(SM)Corporate Bond-Backed Certificates, Series APA 1997-8 Amortizing Class Certificates Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark whether the Registrant has (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to filed such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes /X/ No ___ State the aggregate market value of the voting stock held by non-affiliates of the registrant. The Registrant has no voting stock or class of common stock outstanding as of the date of this report. Introductory Note Structured Products Corp. (the "Depositor") is the depositor under the Base Trust Agreement, dated as of June 16, 1997, and the Series IBM 1997-4 Supplement, dated as of June 16, 1997, by and between the Depositor and First Trust of New York, National Association, as Trustee (the "Trustee"), providing for the issuance of the TIERS(SM)Corporate Bond-Backed Certificates, Series IBM 1997-4 ( the "Certificates") and is the depositor for TIERS Trust Corporate Bond-Backed Certificates Trust IBM 1997-4 (the "Registrant"). The Certificates do not represent obligations of or interests in the Depositor. Pursuant to staff administrative positions established in various no-action letters, see, e.g., Corporate Asset Backed Corporation ("CABCO") (available August 9, 1995); Lehman Structured Assets, Inc. (available December 8, 1994), Depositor is not required to respond to various items of Form 10-K. Such items are designated herein as "Not Applicable." Structured Products Corp. (the "Depositor") is the depositor under the Base Trust Agreement, dated as of July 7, 1997, and the Series BLS 1997-6 Supplement, dated as of July 7, 1997, by and between the Depositor and First Trust of New York, National Association, as Trustee (the "Trustee"), providing for the issuance of the TIERS(SM)Corporate Bond-Backed Certificates, Series BLS 1997-6 (the "Certificates") and is the depositor for TIERS Trust Corporate Bond-Backed Certificates Trust BLS 1997-6 (the "Registrant"). The Certificates do not represent obligations of or interests in the Depositor. Pursuant to staff administrative positions established in various no-action letters, see, e.g., Corporate Asset Backed Corporation ("CABCO") (available August 9, 1995); Lehman Structured Assets, Inc. (available December 8, 1994), Depositor is not required to respond to various items of Form 10-K. Such items are designated herein as "Not Applicable." Structured Products Corp. (the "Depositor") is the depositor under the Base Trust Agreement, dated as of September 15, 1997, and the Series APA 1997-8 Supplement, dated as of September 15, 1997, by and between the Depositor and First Trust of New York, National Association, as Trustee (the "Trustee"), providing for the issuance of the TIERS(SM)Corporate Bond-Backed Certificates, Series APA 1997-8 ( the "Certificates") and is the depositor for TIERS Trust Corporate Bond-Backed Certificates Trust APA 1997-8 (the "Registrant"). The Certificates do not represent obligations of or interests in the Depositor. Pursuant to staff administrative positions established in various no-action letters, see, e.g., Corporate Asset Backed Corporation ("CABCO") (available August 9, 1995); Lehman Structured Assets, Inc. (available December 8, 1994), Depositor is not required to respond to various items of Form 10-K. Such items are designated herein as "Not Applicable." PART I Item 1. Business Not Applicable Item 2. Properties Not Applicable Item 3. Legal Proceedings None Item 4. Submission of Matters To A Vote Of Security Holders. None PART II Item 5. Market For Registrant's Common Equity and Related Stockholder Matters The Certificates issued by TIERS Trust Corporate Bond-Backed Certificates Trust IBM 1997-4 representing investors' interest in the Trust are represented by one or more physical Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company. The Certificates issued by TIERS Trust Corporate Bond-Backed Certificates Trust BLS 1997-6 representing investors' interest in the Trust are represented by one or more physical Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company. The Certificates issued by TIERS Trust Corporate Bond-Backed Certificates Trust APA 1997-8 representing investors' interest in the Trust are represented by one or more physical Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company. To the best knowledge of the registrant, there is no established public trading market for the Certificates. Item 6. Selected Financial Data Not Applicable Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Not Applicable Item 8. Financial Statements and Supplementary Data Not Applicable Item 9. Changes In and Disagreements With Accountants On Accounting and Financial Disclosure None Item 10. Directors and Executive Officers of the Registrant Not Applicable Item 11. Executive Compensation Not Applicable PART III Item 12. Security Ownership Of Certain Beneficial Owners and Management (a) Not Available (b) Not Applicable (c) Not Applicable Item 13. Certain Relationships and Related Transactions None PART IV Item 14. Exhibits, Financial Statement Schedules, And Reports On Form 8-K (a) The following documents are filed as part of this Report: 3. Exhibits: 28.01 TIERS(SM)Corporate Bond-Backed Certificates, Series IBM 1997-4 (File No. 33-55860) - No Payments were made or required to be made during the period between June 16, 1997 and June 30, 1997. Thus no accountant's report is attached. 28.01 TIERS(SM)Corporate Bond-Backed Certificates, Series BLS 1997-6 (File No. 33-55860) - No June 30 year end has occurred since the inception of the trust. Therefore, no accountant's report is attached. 28.01 TIERS(SM)Corporate Bond-Backed Certificates, Series APA 1997-8 (File No. 33-55860) - No June 30 year end has occurred since the inception of the trust. Therefore, no accountant's report is attached. (b) None (c) See item 14(a)(3) above. SIGNATURES Pursuant to the requirements of Section 13 or 15(d) 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., as depositor for Trust Registrants Date: January 15, 1998 By: /s/ Timothy P. Beaulac --------------------------- Timothy P. Beaulac Assistant Vice President and Finance Officer -----END PRIVACY-ENHANCED MESSAGE-----