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): June ~~May 15~~8, 2012

Structured Products Corp.

on behalf of

CorTS Trust for U. S. West Communications Debentures

(Exact name of registrant as specified in its charter)

Delaware	001-32107	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
(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:

o¨ Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)

o¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12)

o¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))

o¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))

Section 8 - Other Events

Item 8.01 Other Events.

This current report on Form 8-K relates to a distribution to be made to holders of the Certificates issued by the CorTS Trust for U. S. West Communications Debentures.

The ~~issuer~~Warrantholder ofhas ~~the~~given ~~underlying~~notice ~~securities,~~to orthe ~~guarantor~~Trustee ~~thereof,~~to orexercise ~~successor thereto~~$10, ~~as applicable~~000,000 isCall ~~subject~~Warrants tofor the ~~information~~purchase ~~reporting~~of ~~requirements~~$10,000,000 of the ~~Securities~~Term ~~Exchange~~Assets ~~Act~~held ofby ~~1934, as amended (~~the ~~"Exchange~~Trust, ~~Act"). Periodic reports~~ and ~~other~~agrees ~~information required~~ to bemake ~~filed~~payment ~~pursuant~~equal to the ~~Exchange~~sum ~~Act,~~of by95% ~~the issuer~~ of the ~~underlying~~principal ~~securities,~~amount orof ~~guarantor thereof, or successor thereto, as applicable, may be inspected and copied at~~ the ~~public~~Term ~~reference~~Assets ~~facilities~~being ~~maintained~~purchased bypursuant ~~the~~to ~~Securities and Exchange Commission (~~the ~~"Commission")~~exercise atof ~~450 Fifth Street, N.W., Washington, D.C. 20549. The Commission also maintains a site on~~ the ~~World~~Call ~~Wide~~Warrants ~~Web~~plus ataccrued ~~"http://www.sec.gov" at which users can view~~ and ~~download~~unpaid ~~copies~~interest ofthereon ~~reports,~~to ~~proxy~~ and ~~information~~including ~~statements and other information filed electronically through~~ the ~~Electronic~~Warrant ~~Data~~Exercise ~~Gathering~~Date, ~~Analysis~~determined ~~and Retrieval system. 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~~Monday, orJune ~~guarantor thereof~~25, or2012 ~~successor thereto, as applicable, or~~ (the ~~underlying~~“Warrant ~~securities~~Exercise ~~have~~Date” ~~not occurred~~ or ~~have~~“Redemption ~~not yet been publicly disclosed which would affect the accuracy or completeness of the publicly available documents described above~~Date”).

	Underlying Securities Issuer(s) or Guarantor, or successor thereto	Exchange Act File Number
	Qwest Corporation	001-03040

THE EXERCISE OF THE CALL WARRANTS IS CONDITIONAL UPON RECEIPT BY THE TRUSTEE OF THE WARRANT EXERCISE PURCHASE PRICE ON THE WARRANT EXERCISE DATE. THERE CAN BE NO ASSURANCE THAT THE CALL WARRANTS WILL IN FACT BE EXERCISED ON THE WARRANT EXERCISE DATE.

~~Section~~If the Trustee receives the Warrant Exercise Purchase Price by 11:00 a.m. (New York City time) on the Redemption Date, then (i) $9,500,000 –Class ~~Financial~~A ~~Statements~~Certificates ~~and~~issued ~~Exhibits~~by the Trust will be redeemed on the Redemption Date at a price of $25.00 per Class A Certificate plus accrued interest of $0.208333 per Class A Certificate to the Redemption Date.

~~Item~~If ~~9.01~~the ~~Financial~~Trustee ~~Statements~~does not receive the Warrant Exercise Purchase Price, then (i) the Certificates issued by the Trust will not be redeemed and ~~Exhibits~~will continue to accrue distributions as if no exercise notice had been given and (ii) the Call Warrantholder may elect to deliver a partial or full conditional notice of exercise in the future.

1. Trustee’s Report with respect to the May 15, 2012 Distribution Date for the CorTS Trust for U.S. West Communications 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/ Stanley Louie
	________________________________
	Name: Stanley Louie
	Title: Vice President, Finance Officer.

~~May~~June 158, 2012

EXHIBIT INDEX

Exhibit		Page
1	Trustee’s Report with respect to the May 15, 2012 Distribution Date for the CorTS Trust for U.S. West Communications Debentures	5

Exhibit 1

To the Holders of:
CorTS Trust for U.S. West Communications Debentures Qwest 7.50% Corporate-Backed Trust Securities (CorTS) Certificates
Class A	*CUSIP: 22081G209

U.S. Bank Trust National Association, as Trustee for the CorTS Trust for U.S. West Communications Debentures, hereby gives notice with respect to the Distribution Date of May 15, 2012 (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 Certificate, is as set forth below:

	Class	Principal	Interest	Total Distribution
	A	$ 0.000000	$ 0.937500	$ 0.937500

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 Term Assets.

4. $42,700,000 aggregate principal amount of Qwest Corporation f/k/a U.S. West Communications Inc. 7.125% Debentures due November 15, 2043 (the "Term Assets") are held for the above trust.

5. At the close of business on the Distribution Date, 1,622,600 Class A Certificates representing $40,565,000 Aggregate Certificate Principal Balance were outstanding.

6. The current rating of the Term Assets is not provided in this report. Ratings can be obtained from Standard & Poor's Ratings Services, a division of The McGraw-Hill Companies, Inc., by calling 212-438-2400 and from Moody's Investors Service, Inc. by calling 212-553-0377.

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.

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