Business Services Industry
CorTS Trust For BellSouth Debentures
Business Wire, Feb 12, 2007
Structured Products Corp. Corporate-Backed Trust Securities (CorTS)
CUSIP: 22080E205
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.
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