-----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, DvtwXZYNx44kHYxWT5jSvFNEAWF2HqZfdz1kdRZlRfcnix//t0PYgnOG1qJxELLi fLhsuw9w2IEbwaX5pmkaiA== 0000902561-02-000447.txt : 20021003 0000902561-02-000447.hdr.sgml : 20021003 20021003163618 ACCESSION NUMBER: 0000902561-02-000447 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020831 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021003 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SECURITISATION ADVISORY SEVS PTY LTD SER 2000-2G MEDALLION T CENTRAL INDEX KEY: 0001123600 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-44600-01 FILM NUMBER: 02781169 BUSINESS ADDRESS: STREET 1: LEVEL 8, 48 MARTIN PLACE STREET 2: SYDNEY NEW S. WALES 2000 AUSTRALIA CITY: SYDNEY MAIL ADDRESS: STREET 1: LEVEL 8, 48 MARTIN PLACE STREET 2: SYDNEY NEW S. WALES 2000 AUSTRALIA CITY: SIDNEY 8-K 1 form8-k_malpica10032002.txt FORM 8-K -- CURRENT REPORT 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) September 18, 2002 SECURITISATION ADVISORY SERVICES PTY. LIMITED (ABN 88 064 133 946) ------------------------------------------------------------------ (Exact Name of Registrant as Specified in its Charter) AUSTRALIAN CAPITAL TERRITORY, COMMONWEALTH OF AUSTRALIA ------------------------------------------------------------------ (State or Other Jurisdiction of Incorporation) 333-446000 NOT APPLICABLE -------------------------- ------------------------------------ (Commission File Number) (I.R.S. Employer Identification No.) Level 8, 48 Martin Place, Sydney, 2000 Australia NOT APPLICABLE - ------------------------------------------------- -------------- (Address of Principal Executive Offices) (Zip Code) (011) 612-9378-5293 ----------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) NOT APPLICABLE ----------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Exhibit Index Located on Page 5 ================================================================================ 5. OTHER EVENTS On September 14, 2000 Perpetual Trustee Company Limited, in its capacity as Issuer Trustee (the Issuer Trustee) of the Series 2000-2G Medallion Trust (the Trust), publicly issued US$1,060,200,000 of Class A-1 Mortgage Backed Floating Rate Notes due December 18, 2031 (the Notes) pursuant to a registration statement (No. 333- 44600 ) declared effective on August 30, 2000. Securitisation Advisory Services Pty Limited was the manager for the issuance of the Notes. Securitisation Advisory Services Pty Limited granted the underwriters a discount of US$1,590,300 in connection with the sale of the Notes. The Issuer Trustee used the net proceeds from the sale of the Notes, which amounted to US $1,058,609,700 to acquire equitable title to the housing loans and related mortgages included in the assets of the Trust from Commonwealth Bank of Australia and for general expenses relating to the Trust, including any premiums payable to any of the swap providers for the Trust. On December 18, 2000, the Distribution Date, the Trust made a regular quarterly distribution of principal and interest to the holders of the Class A-1 Notes issued by the Trust. On March 19, 2001, the Distribution Date, the Trust made a regular quarterly distribution of principal and interest to the holders of the Class A-1 Notes issued by the Trust. On June 18, 2001, the Distribution Date, the Trust made a regular quarterly distribution of principal and interest to the holders of the Class A-1 Notes issued by the Trust. On September 18, 2001, the Distribution Date, the Trust made a regular quarterly distribution of principal and interest to the holders of the Class A-1 Notes issued by the Trust. On December 18, 2001, the Distribution Date, the Trust made a regular quarterly distribution of principal and interest to the holders of the Class A-1 Notes issued by the Trust. On March 18, 2002, the Distribution Date, the Trust made a regular quarterly distribution of principal and interest to the holders of the Class A-1 Notes issued by the Trust. On June 18, 2002, the Distribution Date, the Trust made a regular quarterly distribution of principal and interest to the holders of the Class A-1 Notes issued by the Trust. On September 18, 2002, the Distribution Date, the Trust made a regular quarterly distribution of principal and interest to the holders of the Class A-1 Notes issued by the Trust. -2- ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. List below the financial statements, pro forma financial information and exhibits, if any, filed as part of this report. (a) Financial Statements of Business Acquired. Not applicable (b) Pro Forma Financial Information. Not applicable (c) Exhibits. Exhibit No. Document Description ------- -------------------- 99.1 Quarterly Servicing Report for the Distribution Date on September 18, 2002. -3- 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, as Manager for the Series 2000-2G Medallion Trust, by the undersigned, thereunto duly authorised. Securitisation Advisory Services Pty Limited, As Manager for the Series 2000-2G Medallion Trust, ------------------------------------------------- (Registrant) Dated: 23 September, 2002 By: /s/ Alicja Blackburn ---------------------------------------------- Name: Alicja Blackburn Title: Authorised Officer -4- INDEX TO EXHIBIT - -------------------------------------------------------------------------------- Exhibit Description - -------------------------------------------------------------------------------- 99.1 The Quarterly Servicing Report for the Distribution Date on September 18, 2002. -5- EX-99 3 form8k_ex99-1wma10032002.txt EXHIBIT 99.1 -- QUARTER SERVICING REPORT SERIES 2000-2G MEDALLION TRUST QUARTERLY SERVICERS CERTIFICATE - -------------------------------------------------------------- Quarterly Summary Distribution Details Reporting Dates - --------------- Closing Date 14-Sep-00 Determination Date 01-Sep-02 Notice Date 17-Sep-02 Distribution Date 18-Sep-02 Start Accrual Period 18-Jun-02 End Accrual Period 18-Sep-02 No. Of Days in Accrual Period 92 Start Collection Period 01-Jun-02 End Collection Period 31-Aug-02 No. Of Days in Collection Period 92 Distribution Month Yes No. of Initial Invested Initial Invested Securities on Issue Certificates Amount (US$) Amount (A$) - ------------------- ------------ ---------------- ---------------- Class A-1 Notes 10,602 1,060,200,000.00 1,884,800,000 Class A-2 Notes 4,000 - 400,000,000 Class B Notes 270 - 27,000,000 Redraw Bond - series 1 0 - - Redraw Bond - series 2 0 - 0 US$/A$ exchange rate at issue 0.5625 Bank Interest Interest Interest Rate for Accrual Period Bill Rate Margin Rate - -------------------------------- --------- -------- -------- Class A-1 Notes (payable to Currency Swap Provider) 5.0700% 0.3724% 5.44240% Class A-2 Notes 5.0700% 0.3700% 5.4400% Class B Notes 5.0700% 0.5700% 5.6400% Redraw Bond - series 1 0.0000% - 0.0000% Redraw Bond - series 2 0.0000% - 0.0000% BBSW Interest & Unpaid Interest Rate for Accrual Period 5.0700% Facilities BBSW 5.0700% Distributions Payable On Distribution Date Per Cert. Aggregate - ------------------------------------------ --------- --------- Total Interest Amount: Class A-1 Notes 1,479.09 15,681,365.19 Class A-2 Notes 831.62 3,326,480.00 Class B Notes 1,374.82 371,201.40 Redraw Bond - series 1 - - Redraw Bond - series 2 - - Principal: Class A-1 Notes 9,293.78 98,532,632.00 Class A-2 Notes 5,227.75 20,911,000.00 Class B Notes 439.41 118,640.70 Redraw Bond - series 1 - - Redraw Bond - series 2 - - Total: Class A-1 Notes 10,772.87 114,213,997.19 Class A-2 Notes 6,059.37 24,237,480.00 Class B Notes 1,814.23 489,842.10 Redraw Bond - series 1 - - Redraw Bond - series 2 - - Total 18,646.47 138,941,319.29 Last Current Distribution Distribution Pool Factors Date Date - ------------ ------------ ------------ Class A-1 Notes 0.60650590 0.55422840 Class A-2 Notes 0.60650590 0.55422840 Class B Notes 0.96710220 0.96270810 Redraw Bond - series 1 - - Redraw Bond - series 2 - - Page 1 of 7 QUARTERLY CASHFLOW WORKING SHEET - -------------------------------- Per Certificate Aggregate $ $ --------------- -------------- Finance Charge Collections 22,983,436.92 Finance Charge Collections - Repurchases - Finance Charge Damages - Income due to Seller - Other Income 2,971,824.37 Preliminary Income Amount 25,955,261.29 Taxes 390.00 Trustee Fee 30,849.90 Security Trustee Fee - Manager Fee 106,759.56 Servicing Fee 889,662.96 Liquidity Commitment Fee 14,342.82 Redraw Commitment Fee 9,452.05 Support Facility Payments 2,597,259.79 Support Facility Receipts - Expenses 41,140.42 Previous Unpaid Facility Int Chg - Liquidity - Liquidity Interest Charge + Previous Unpaid 14,564.28 Previous Unpaid Facility Int Chg - Redraw Facility - Redraw Interest Charge + Previous Unpaid - Repayment of Liquidity Facility 1,096,436.30 Total Interest Amount - Class A-1 Notes 15,681,365.19 - Class A-2 Notes 3,326,480.00 - Class B Notes 371,201.40 - Redraw Bonds - series 1 - - Redraw Bonds - series 2 - Required Income Amount 24,179,904.67 Income Shortfall - Liquidity Facility Draw - Principal Chargeoff Unreimbursement - Principal Chargeoff - Total Principal Chargeoff Reimbursement Due - PAYMENT ALLOCATION CASCADE - -------------------------- Preliminary Income Amount 25,955,261.29 Liquidity Facility Draw - Available Income Amount 25,955,261.29 QUARTER TO DATE ALLOCATION/ DUE AVAILABLE DISTRIBUTION ---------- -------------- --------------- Taxes 390.00 25,955,261.29 390.00 Trustee Fee 30,849.90 25,954,871.29 30,849.90 Security Trustee Fee - 25,924,021.39 - Manager Fee 106,759.56 25,924,021.39 106,759.56 Servicing Fee 889,662.96 25,817,261.83 889,662.96 Liquidity Commitment Fee 14,342.82 24,927,598.87 14,342.82 Redraw Commitment Fee 9,452.05 24,913,256.05 9,452.05 Support Facility Payments 2,597,259.79 24,903,804.00 2,597,259.79 Support Facility Receipts - 22,306,544.21 - Expenses 41,140.42 22,306,544.21 41,140.42 Liquidity Interest Charge 14,564.28 22,265,403.79 14,564.28 Repayment of Liquidity Facility 1,096,436.30 22,250,839.51 1,096,436.30 Interest Amount Payable - Redraw Facility - 21,154,403.21 - - Class A-1 Notes 15,681,365.19 21,154,403.21 15,681,365.19 - Class A-2 Notes 3,326,480.00 5,473,038.02 3,326,480.00 - Redraw Bonds - series 1 - 2,146,558.02 - - Redraw Bonds - series 2 - 2,146,558.02 - - Class B Notes 371,201.40 2,146,558.02 371,201.40 Total Principal Chargeoff Reimbursement - 1,775,356.62 - Arranging Fee 956,658.88 1,775,356.62 956,658.88 Excess Distribution 818,697.74 Unpaid Facility Int Chg - Liquidity - - Redraw - Unpaid Security Interest Amount - Class A-1 Notes - - Class A-2 Notes - - Class B Notes - - Redraw Bonds - series 1 - - Redraw Bonds - series 2 - Page 2 of 7 FACILITIES OUTSTANDING - ---------------------- Liquidity Commitment Facility Limit 58,000,000.00 Beginning Liquidity Commitment Facility 56,903,563.70 Previous Liquidity Facility Draw 1,096,436.30 Repayment of Liquidity Facility 1,096,436.30 Liquidity Facility Draw - Ending Liquidity Commitment Facility 58,000,000.00 Redraw Commitment Facility Limit 50,000,000.00 Beginning Redraw Commitment Facility 50,000,000.00 Previous Redraw Facility Draw - Previous Redraw Facility Draw - Chargeoffs - Repayment of Redraw Facility - Repayment of Unreimbursed Chargeoffs - Redraw Facility Draw - Unreimbursed Chargeoffs - Redraw Facility Available to Draw 50,000,000.00 Redraw Facility Draw - Ending Redraw Commitment Facility 50,000,000.00 Page 3 of 7 INTEREST AND PRINCIPAL DISTRIBUTION WORKSHEET - ---------------------------------------------- PER CERTIFICATE AGGREGATE INTEREST AMOUNT $ $ - --------------- ---------------- ---------------- CLASS A-1 NOTES Unpaid Security Interest Amount (after last Distribution Date) - Interest on Unpaid Security Interest Amount - - Security Interest Amount 1,479.09 15,681,365.19 Total Interest Amount 15,681,365.19 Unpaid Security Interest Amount (after last Distribution Date) - Interest on Unpaid Security Interest Amount - Security Interest Amount 15,681,365.19 Interest Amount Payable 1,479.09 15,681,365.19 Unpaid Security Interest Amount - CLASS A-2 NOTES Unpaid Security Interest Amount (after last Distribution Date) - Interest on Unpaid Security Interest Amount - - Security Interest Amount 831.62 3,326,480.00 Total Interest Amount 3,326,480.00 Unpaid Security Interest Amount (after last Distribution Date) - Interest on Unpaid Security Interest Amount - Security Interest Amount 3,326,480.00 Interest Amount Payable 831.62 3,326,480.00 Unpaid Security Interest Amount - CLASS B NOTES Unpaid Security Interest Amount (after last Distribution Date) - Interest on Unpaid Security Interest Amount - - Security Interest Amount 1,374.82 371,201.40 Total Interest Amount 371,201.40 Unpaid Security Interest Amount (after last Distribution Date) - Interest on Unpaid Security Interest Amount - Security Interest Amount 371,201.40 Interest Amount Payable 1,374.82 371,201.40 Unpaid Security Interest Amount - REDRAW BONDS - SERIES 1 Unpaid Security Interest Amount (after last Distribution Date) - Interest on Unpaid Security Interest Amount - - Security Interest Amount - - Total Interest Amount - Unpaid Security Interest Amount (after last Distribution Date) - Interest on Unpaid Security Interest Amount - Security Interest Amount - Interest Amount Payable - - Unpaid Security Interest Amount - REDRAW BONDS - SERIES 2 Unpaid Security Interest Amount (after last Distribution Date) - Interest on Unpaid Security Interest Amount - - Security Interest Amount - - Total Interest Amount - Unpaid Security Interest Amount (after last Distribution Date) - Interest on Unpaid Security Interest Amount - Security Interest Amount - Interest Amount Payable - - Unpaid Security Interest Amount - Page 4 of 7 PRINCIPAL AMOUNT - ---------------- Principal Collections 136,420,935.18 Principal Collections - Repurchases - less Repayment Of Redraw Facility - less Total Customer Redraw (16,858,662.48) plus Redraw Facility Draw - plus Redraw Bonds Issue this month - Aggregate Principal Damages from Seller & Servicer - Principal Chargeoff Reimbursement - Class B Notes - - Class A-1 Notes - - Class A-2 Notes - - Redraw Bonds - Series 1 - - Redraw Bonds - Series 2 - - Redraw Facility - Principal rounding b/f 0.11 Unscheduled Principal Amount Partial less redraws 76,284,967.19 Unscheduled Principal Amount - Partial Prepayment 93,143,629.67 Unscheduled Principal Amount - Full Prepayment 36,873,950.30 Unscheduled Principal Amount - less redraws + C/O Reim 113,158,917.49 Total Available Principal Amount for Redraw Bonds 119,562,272.81 Principal Distribution - Redraw Bonds - Series 1 - - Principal Distribution - Redraw Bonds - Series 2 - - Principal rounding b/f 0.11 Total Unscheduled Principal Amount 113,158,917.49 Total Scheduled Principal Amount 6,403,355.21 Total Available Principal Amount for Notes 119,562,272.81 PRINCIPAL ALLOCATION - -------------------- Class A Percentage via Stepdown 100% Class A Available Principal Payment Class A-1 Principal Payment 9,293.78 98,532,632.00 Class A-2 Principal Payment 5,227.75 20,911,000.00 Class B Principal Payment 439.41 118,640.70 Principal rounding c/f 0.11 Outstanding Principal - beginning period 1,411,856,439.61 less Principal Repayment (136,420,935.18) plus Total Customer Redraw 16,858,662.48 less Principal Losses - Outstanding Principal - Closing period 1,292,294,166.91 PRINCIPAL LOSSES - ---------------- Principal Losses - Principal Draw Amount - Pool Mortgage Insurance Policy - Principal Draw Amount - Individual Mortgage Insurance Policy - Net Principal Losses - Principal Chargeoff - Class B Notes - - Class A-1 Notes - - Class A-2 Notes - - Redraw Bonds Series 1 - - Redraw Bonds Series 2 - - Redraw Facility - CLASS A-1 NOTES - --------------- Beginning Unreimbursed Principal Chargeoffs - Principal Chargeoff - Principal Chargeoff Reimbursement - Ending Unreimbursed Principal Chargeoffs - Page 5 of 7 CLASS A-2 NOTES Beginning Unreimbursed Principal Chargeoffs - Principal Chargeoff - Principal Chargeoff Reimbursement - Ending Unreimbursed Principal Chargeoffs - CLASS B NOTES Beginning Unreimbursed Principal Chargeoffs - Principal Chargeoff - Principal Chargeoff Reimbursement - Ending Unreimbursed Principal Chargeoffs - REDRAW BONDS - SERIES 1 Beginning Unreimbursed Principal Chargeoffs - Principal Chargeoff - Principal Chargeoff Reimbursement - Ending Unreimbursed Principal Chargeoffs - REDRAW BONDS - SERIES 2 Beginning Unreimbursed Principal Chargeoffs - Principal Chargeoff - Principal Chargeoff Reimbursement - Ending Unreimbursed Principal Chargeoffs - REDRAW FACILITY Beginning Unreimbursed Principal Chargeoffs - Principal Chargeoff - Principal Chargeoff Reimbursement - Ending Unreimbursed Principal Chargeoffs - Page 6 of 7 INVESTORS BALANCE OUTSTANDING WORKSHEET - ---------------------------------------- AGGREGATE AGGREGATE US$ A$ ---------------- ---------------- CLASS A-1 NOTES Initial Invested Amount 1,060,200,000.00 1,884,800,000.00 previous Principal Distribution 417,182,444.82 741,657,679.68 Principal Distribution for current period 55,424,605.50 98,532,632.00 Total Principal Distribution to date 472,607,050.32 840,190,311.68 Beginning Invested Amount 643,017,555.18 1,143,142,320.32 Ending Invested Amount 587,592,949.68 1,044,609,688.32 Unreimbursed Principal Chargeoffs - - Beginning Stated Amount 643,017,555.18 1,143,142,320.32 Ending Stated Amount 587,592,949.68 1,044,609,688.32 Class A-2 Notes Initial Invested Amount 400,000,000.00 previous Principal Distribution 157,397,640.00 Principal Distribution for current period 20,911,000.00 Total Principal Distribution to date 178,308,640.00 Beginning Invested Amount 242,602,360.00 Ending Invested Amount 221,691,360.00 Unreimbursed Principal Chargeoffs - Beginning Stated Amount 242,602,360.00 Ending Stated Amount 221,691,360.00 Class B Notes Initial Invested Amount 27,000,000.00 previous Principal Distribution 888,240.60 Principal Distribution for current period 118,640.70 Total Principal Distribution to date 1,006,881.30 Beginning Invested Amount 26,111,759.40 Ending Invested Amount 25,993,118.70 Unreimbursed Principal Chargeoffs - Beginning Stated Amount 26,111,759.40 Ending Stated Amount 25,993,118.70 Redraw Bonds - Series 1 Previous Initial Invested Amount - Initial Invested Amount - Principal Distribution (after last Distribution Date) - Principal Distribution for current period - Total Principal Distribution to date - Beginning Invested Amount - Ending Invested Amount - Unreimbursed Principal Chargeoffs - Beginning Stated Amount - Ending Stated Amount - Redraw Bonds - Series 2 Previous Initial Invested Amount - Initial Invested Amount - Principal Distribution (after last Distribution Date) - Principal Distribution for current period - Total Principal Distribution to date - Beginning Invested Amount - Ending Invested Amount - Unreimbursed Principal Chargeoffs - Beginning Stated Amount - Page 7 of 7 -----END PRIVACY-ENHANCED MESSAGE-----