-----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, U9bJJD0yTClC9oxob3Syg8cZRn8Sh+19yYLWFEsCZKlA1SU+n+RsIm+T0Z+78Hgx CU/PCncxVmRLZ934JWmwSA== 0000950123-03-010724.txt : 20030925 0000950123-03-010724.hdr.sgml : 20030925 20030924215747 ACCESSION NUMBER: 0000950123-03-010724 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030922 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030925 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MACQUARIE SECURITISATION LTD CENTRAL INDEX KEY: 0001156875 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-67218 FILM NUMBER: 03909075 BUSINESS ADDRESS: STREET 1: LEVEL 23 20 BOND ST CITY: SYDNEY NEW SOUTH WALES AUSTRAL STATE: C3 ZIP: 00000 BUSINESS PHONE: 6128236090 MAIL ADDRESS: STREET 1: LEVEL 23 20 BOND ST CITY: SYDNEY NEW SOUTH WALES AUSTRAL STATE: C3 ZIP: 00000 8-K 1 y90166e8vk.htm MACQUARIE SECURITISATION LIMITED MACQUARIE SECURITISATION LIMITED
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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 22, 2003

Macquarie Securitisation Limited (ABN 16 003 297 336)

(Exact Name of Registrant as Specified in its Charter)

New South Wales, Australia

(State or Other Jurisdiction of Incorporation)
     
333-62718   Not Applicable
 
(Commission File Number)   (I.R.S. Employer Identification No.)
 
Level 23, 20 Bond Street, Sydney NSW, 2000, Australia
(Address of Principal Executive Offices)   (Zip Code)

(011) 612 8232 4878

(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

1

Item 5. Other Events
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
SIGNATURES
INDEX TO EXHIBITS
QUARTERLY SERVICING REPORT

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Item 5. Other Events.

     On September 27, 2001, pursuant to a registration statement (No. 333-67218), Perpetual Trustees Australia Limited, in its capacity as issuer trustee (the “Issuer Trustee”) of the PUMA Global Trust No. 1 (the “Trust”), publicly issued the Class A Mortgage Backed Floating Rate Notes and Class B Mortgage Backed Floating Rate Notes (the “Notes”). A regular quarterly distribution is due to be made by the Issuer Trustee to the holders of the Notes on the quarterly payment date falling on September 22, 2003. In connection with this quarterly payment date, the registrant, as the manager of the Trust, prepared and delivered a quarterly servicing report to the Issuer Trustee and The Bank of New York, New York, as principal paying agent and note trustee.

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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 related to September 22, 2003 Quarterly Payment Date

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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.

         
        MACQUARIE SECURITISATION LIMITED
                         (Registrant)
         
Dated: September 22, 2003   By:         /s/ Anthony Dominic Crossley
       
        Name: Anthony Dominic Crossley
        Title: Principal Financial Officer

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INDEX TO EXHIBITS

Exhibit      
No.     Document Description
   
99.1     Quarterly Servicing Report related to September 22, 2003 Quarterly Payment Date

5 EX-99.1 3 y90166exv99w1.htm QUARTERLY SERVICING REPORT QUARTERLY SERVICING REPORT

 

PUMA GLOBAL TRUST NO. 1 QUARTERLY SERVICING REPORT
IN RESPECT OF THE QUARTERLY PERIOD FROM 20 JUNE 2003 TO 21 SEPTEMBER 2003

                         
    Class A Notes   Class B Notes   Total US$ Notes
   
 
 
NOTE INFORMATION
                        
Original Principal Balance of each class of Note at the time of their issue
   US$ 1,158,000,000     US$ 42,000,000     US$ 1,200,000,000  
Principal Balance of each class of Note at the end of the immediately preceding Quarterly Payment Date
   US$ 644,435,569     US$ 42,000,000     US$ 686,435,569  
Amount to be applied towards payment of principal on each class of Note on this Quarterly Payment Date
   US$ 84,745,798     US$ 0     US$ 84,745,798  
Principal Balance of each class of Note after payments referred to above have been applied
   US$ 559,689,771     US$ 42,000,000     US$ 601,689,771  
Note Factor at the end of the Quarterly Payment Date
     0.483324500       1.000000000          
Amount to be applied towards payment of interest on each class of Note on this Quarterly Payment Date
   US$ 2,162,260     US$ 170,532     US$ 2,332,792  
LIBOR in respect of this quarterly period
     1.06500 %     1.06500 %        
Rate of interest payable on each class of Note in respect of this quarterly period
     1.28500 %     1.55500 %        
A$ REDRAW NOTES AND A$ SUBORDINATED NOTES
                        
As at 12 September 2003 no A$ Redraw Notes or A$ Subordinated Notes have been issued
                        
REDRAW FACILITY
                        
Redraw Facility Principal at the commencement of this Quarterly Payment Date
   A$ 250,000                  
Redraw Facility Principal at the end of this Quarterly Payment Date
   A$ 250,000                  
Redraw Facility Principal repaid during the quarterly period
   A$ 0                  
Aggregate Subordinate Funded Further Advance Amounts in relation to the Quarterly Payment Date
   A$ 2,656                  
Interest paid on Redraw Facility Principal during the quarterly period
   A$ 3,090                  
PRINCIPAL CASH BALANCE IN AUD
                        
Principal Cash Balance at the commencement of this Quarterly Payment Date
   A$ 6,703,470                  
Principal Cash Balance at the end of this Quarterly Payment Date
   A$ 5,875,880                  
INCOME RESERVE IN AUD
                        
Income Reserve at the commencement of this Quarterly Payment Date
   A$ 0                  
Income Reserve at the end of this Quarterly Payment Date
   A$ 0                  
COLLECTION INFORMATION IN AUD
                        
Collections (1) held by the Trustee in relation to this Quarterly Payment Date
   A$ 192,692,037                  
Less : Principal Cash Balance at the end of the Quarterly Payment Date
   A$ 5,875,880                  
Less : Income Reserve at the end of the Quarterly Payment Date
   A$ 0                  
 
    
                 
Collections (other than Principal Cash Balance and Income Reserve) at the end of the Quarterly Payment Date
   A$ 186,816,157                  
Less : Collections to be applied towards repayment of Redraw Facility Principal on the Quarterly Payment Date
   A$ 0                  
Less : Collections to be applied towards payment of Expenses of the Trust in respect of this quarterly period
   A$ 21,297,020                  
 
    
                 
A$ Collections to be paid to Currency Swap Provider in relation to repayment of US$ Notes on the Quarterly Payment Date
   A$ 165,519,137                  
 
    
                 
Principal Collections (net of redraws) in relation to this Quarterly Payment Date
   A$ 165,519,137                  
Less : Principal Collections applied or retained by the Trust to be applied towards the acquisition of substitute housing loans
   A$ 0                  
Less : Principal Collections to be applied towards repayment of Redraw Facility Principal on the Quarterly Payment Date
   A$ 0                  
 
    
                 
A$ Principal Collections to be paid to Currency Swap Provider in relation to repayment of US$ Notes on the Quarterly Payment Date
   A$ 165,519,137                  
 
    
                 
US$ Equivalent of Principal Collections to be applied towards repayment of US$ Notes on the Quarterly Payment Date
   US$ 84,745,798                  
 
    
                 

(1)   The Collections figure shown is net of amounts applied or to be applied towards the acquisition of substitute housing loans and the funding of Redraws

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PUMA GLOBAL TRUST NO. 1 QUARTERLY SERVICING REPORT IN RESPECT OF
THE QUARTERLY PERIOD FROM 20 JUNE 2003 TO 21 SEPTEMBER 2003 (continued)

                                 
            Number of Housing Loan   Maximum Current Housing   Minimum Current Housing
    Number of Housing Loans   Accounts   Loan Balance   Loan Balance
   
 
 
 
HOUSING LOAN POOL INFORMATION IN AUD
                                
Amount as at the close of business on the seventh business day prior to this Quarterly Payment Date
     8,208       9,873       A$927,660       A$0  
                         
    Weighted Average Original   Maximum Original   Total Valuation of the
    Loan-to-Value Ratio   Loan-to-Value Ratio   Security Properties
   
 
 
Amount as at the close of business on the seventh business day prior to this Quarterly Payment Date
     76.06 %     95.00 %     A$1,987,780,665  
                                 
    Outstanding   Outstanding Balance   Outstanding   Average Current
    Balance of   of Fixed   Balance of   Housing Loan
    Housing Loans   Rate Housing Loans   Variable Rate Housing Loans   Balance
   
 
 
 
Amount as at the close of business on the seventh business day prior to this Quarterly Payment Date
     A$1,169,299,328       A$107,520,017       A$1,061,779,311       A$142,458  
                         
    Maximum Remaining Term   Weighted Average Remaining   Weighted Average
    To Maturity   Term to Maturity   Seasoning
   
 
 
Amount as at the close of business on the seventh business day prior to this Quarterly Payment Date
   342 months   316 months   41 months
FURTHER ADVANCE INFORMATION IN AUD
                        
Aggregate amount of Further Advances (not being subordinated further advances) made during the period
   A$ 0.00                  

DELINQUENCY INFORMATION

As at the opening of business on September 1 2003.

                                 
                    Outstanding Balance of the   Percentage of Pool by
                    Applicable Delinquent Housing   Outstanding Balance of
    Number of Housing Loans   Percentage of Pool by number   Loans   Housing Loans
   
 
 
 
30 - 59 days
     16       0.16 %   A$ 2,740,980.09       0.23 %
60 - 89 days
     6       0.06 %   A$ 935,074.56       0.08 %
90 - 119 days
     2       0.02 %   A$ 515,088.48       0.04 %
Greater than 120 days
     6       0.06 %   A$ 1,144,348.05       0.10 %
     
     
     
     
 
Total Arrears
     30       0.30 %   A$ 5,335,491.18       0.45 %
     
     
     
     
 

MORTGAGE INSURANCE CLAIMS INFORMATION

Details provided are in respect of the period since the Closing Date to the opening of business on the first business day of the month in which the Quarterly Payment Date occurs.

         
Amount of mortgage insurance claims made:
   A$ 14,515  
Amount of mortgage insurance claims paid:
   A$ 14,515  
Amount of mortgage insurance claims pending:
   A$ 0  
Amount of mortgage insurance claims denied:
   A$ 0  

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