UNITED STATES

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): ~~March~~April 29, 2020

Structured Products Corp.

on behalf of

CorTS Trust for J.C. Penney Debentures

(Exact name of registrant as specified in its charter)

Delaware	001-32111	13-3692801
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification Number)
390 Greenwich Street New York, New York	10013	(212) 723-4070
388 Greenwich Street New York, New York	10013	(212) 723-4070
(Address of principal executive offices)	(Zip Code)	(Registrant's telephone number including area code)
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:
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: ☐ Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
☐ Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Section 8 - Other Events

Item 8.01 Other Events.

~~This~~On ~~current~~April ~~report~~9, on2019, ~~Form~~an ~~8-K~~affiliate ~~relates~~of tothe aDepositor, ~~distribution~~Citigroup ~~made~~Global Markets Inc. (“CGMI”) exercised an affiliate exchange right pursuant to ~~holders~~Section 24 of the ~~Certificates~~Series ~~issued~~Supplement byfor CorTS Trust for J.C. Penney Debentures to the ~~CorTS~~Base Trust Agreement, each by and between, Structured Products Corp., as Depositor, and U.S. Bank Trust National Association, as Trustee, and dated as of May 21, 1999. On such date CGMI exchanged 45,840 shares of CorTS Trust for J.C. Penney Debentures with a principal amount of $1,146,000 for $1,146,000 principal amount of J.C. Penney Company, Inc. 7-5/8% Debentures due March 1, 2097 (the “Underlying Securities”).

~~The~~Following ~~issuer~~such ~~of the underlying securities~~exchange, ~~or guarantor thereof~~$98, ~~or successor thereto~~854,000 asprincipal ~~applicable,~~amount ~~is subject to the information reporting requirements~~ of the Underlying Securities ~~Exchange~~are ~~Act~~held ofunder ~~1934, as amended (~~the ~~"Exchange~~Series ~~Act"). Periodic~~Supplement ~~reports~~ and ~~other information required to be filed pursuant to the Exchange Act~~3,954,160 byshares ~~the issuer~~ of ~~the~~CorTS ~~underlying~~Trust ~~securities,~~for or guarantor thereof, or successor thereto, as applicable, may be inspected and copied at the public reference facilities maintained by the Securities and Exchange Commission (the "Commission") at 450 Fifth Street, NJ.~~W., Washington, D.~~C. ~~20549.~~Penney ~~The Commission also maintains a site on the World Wide Web at "http://www.sec.gov" at which users can view and download copies~~Debentures of reports, proxy and information statements and other information filed electronically through the Electronic Data Gathering, Analysis and Retrieval system. Neither Structured Products Corp. nor the trustee has participated in the ~~preparation of~~principal ~~such~~amount 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~~$98, ~~or guarantor thereof~~854,000 orare successor thereto, as applicable, or the underlying securities have not occurred or have not yet been publicly disclosed which would affect the accuracy or completeness of the publicly available documents described aboveoutstanding.

Underlying Securities Issuer(s) or Guarantor, or successor thereto	Exchange Act File Number
J.C. Penney Company, Inc.	001-15274

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(c)

Exhibits:

1. Trustee’s Report with respect to the ~~March~~April 29, 2020 ~~Distribution~~Notice ~~Date~~of ~~for~~ the ~~CorTS~~affiliate ~~Trust~~exchange right for J.C. Penney Debentures.

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 hereunto duly authorized.

By: /s/ Peter Aherne ___________________________ Name: Peter Aherne Title: President

~~March~~April 29, 2020

EXHIBIT INDEX

Exhibit		Page
1	Trustee’s Report with respect to the ~~March~~April 29, 2020 ~~Distribution~~Notice ~~Date~~of ~~for~~ the ~~CorTS~~affiliate ~~Trust~~exchange right for J.C. Penney Debentures	5

Exhibit 1

To the Holders of:
CorTS Trust for J.C. Penney Debentures
7.625% Corporate-Backed Trust Securities (CorTS) Certificates
*CUSIP:	220803100

U.S. Bank National Association

Global Corporate Trust Services

100 Wall Street, 6^th Floor

New York, NY 10005

~~U.S.~~INFORMATIONAL Bank Trust National Association, as Trustee for the CorTS Trust for J.C. Penney Debentures, hereby gives notice with respect to the Distribution Date of March 2, 2020 (the “Distribution Date”) as follows:NOTICE

1.To ~~The amount of~~ the ~~distribution~~Holders ~~payable to the Certificateholders on the Distribution Date allocable to principal and premium, if any, and interest, expressed as a dollar amount per $25 Certificate, is as set forth below~~of:

	Principal		Interest		Total Distribution
	$	0.000000	$	0.953125	$	0.953125

CorTS Trust For J.C. Penney Debentures

~~2. The amount of aggregate interest due and not paid as of the Distribution Date is $0.000000.~~CUSIP: 220803100*

3.Please Noforward ~~fees~~this ~~have~~notice ~~been paid~~ to ~~the~~all ~~Trustee~~beneficial ~~or any other party from the proceeds of the Term Assets~~holders.

4U.S. ~~$100,000,000~~Bank ~~aggregate~~Trust ~~principal~~National ~~amount~~Association serves as trustee (the “Trustee”) for the above-referenced Certificates issued pursuant to the terms of Jthe Base Trust Agreement by and between Structured Products Corporation (the “Depositor”) and the U.CS. ~~Penney~~Bank ~~Company~~Trust National Association (the “Trustee”), ~~Inc.~~as 7supplemented ~~5/8%~~by ~~Debentures~~the ~~due~~CorTS ~~March~~Trust 1,For ~~2097~~J.C. Penney Debentures (the “~~Term~~Series ~~Assets~~Supplement”) ~~are~~dated ~~held~~as ~~for~~of ~~the~~May ~~above~~21, ~~trust~~1999 by and between Structured Products Corp., as Depositor and U.S. Bank Trust National Association, as Trustee

5$100,000,000 principal amount, J.C. AtPenney ~~the~~Company, ~~close~~Inc. of7-5/8% ~~business~~Debentures ondue March 1, 2097 CUSIP No. 708160BL9* (the ~~Distribution~~“Underlying ~~Date,~~Securities”) ~~4,000,000~~issued ~~Certificates~~by ~~representing~~J.C. ~~$100~~Penney Company,~~000,000~~ ~~aggregate~~Inc. ~~Certificate~~(the ~~Principal~~“Underlying ~~Balance~~Securities ~~were outstanding~~Issuer”).

6U. ~~The~~S. ~~current~~Bank ~~rating~~received ofa ~~the~~Notice ~~Term~~and ~~Assets~~Direction isfrom ~~not~~Citigroup ~~provided~~Global inMarkets ~~this report~~Inc. ~~Ratings~~ ~~can~~(CGMI) ~~be obtained~~with ~~from~~respect ~~Standard~~to &an ~~Poor’s~~Affiliate ~~Ratings~~Exchange ~~Services,~~Right aaccording ~~division~~to Section 24 of ~~The~~the ~~McGraw-Hill~~“Series ~~Companies~~Supplement”. On April 9th CGMI delivered 45,840 ~~Inc.~~shares of Cusip 220803100 principal amount $1,146,000 byto ~~calling~~U.S. ~~212-438-2400~~Bank and ~~from~~U.S. ~~Moody’s~~Bank ~~Investors~~was ~~Service~~instructed to exchange and send $1,146,000 ~~Inc.~~principal byamount ~~calling~~of ~~212-553-0377~~708160BL9 (“Affiliate Exchange”) the Underlying Securities to CGMI.

~~U.S.~~Following ~~Bank~~the ~~Trust~~exchange, ~~National~~$98,854,000 ~~Association~~principal amount of the Underlying Securities are held under the Series Supplement and 3,954,160 asshares ~~Trustee~~of Cusip 220803100 principal amount 98,854,000 are outstanding.

*TheU.S. ~~Trustee~~Bank ~~shall~~Trust ~~not~~National beAssociation ~~held responsible for the selection or use of the CUSIP number nor is any representation made~~ as toTrustee ~~its~~April ~~correctness. It~~9, ~~is included solely for the convenience of the Holders.~~2020

*Trustee is not responsible for selection or use of CUSIP numbers which are included solely for holder convenience.

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