-----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, IRwv//KXRvcGJeu2a/o8UKecQatec70HbplSD5tkz7zgwrUernvyrAEUVUVh16hl BNXlaN3ctjEmGH0URiH/Yw== 0000905148-03-002102.txt : 20030604 0000905148-03-002102.hdr.sgml : 20030604 20030604170747 ACCESSION NUMBER: 0000905148-03-002102 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030530 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030604 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CORE BOND PRODUCTS LLC CENTRAL INDEX KEY: 0001176262 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50084 FILM NUMBER: 03732977 MAIL ADDRESS: STREET 1: BANK OF AMERICA CORP CENTER CITY: CHARLOTTE STATE: NC ZIP: 28255 FORMER COMPANY: FORMER CONFORMED NAME: BAS PRODUCTS LLC DATE OF NAME CHANGE: 20020625 8-K 1 efc3-0884_5362313fm8k.txt BANC OF AMERICA SECURITIES 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: May 30, 2003 ---------------------------------------------------------- (Date of earliest event reported) Core Bond Products LLC - --------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Delaware 333-92096 06-1646732 - ------------------------------------------------------------------------------- (State of Incorporation) (Commission (I.R.S. Employer File Number) Identification No.) Bank of America Corporate Center Charlotte, North Carolina 28255 - ------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, including area code (704) 386-7484 -------------- ITEM 1. Changes in Control of Registrant -------------------------------- Not Applicable. ITEM 2. Acquisition or Disposition of Assets ------------------------------------ Not Applicable. ITEM 3. Bankruptcy or Receivership -------------------------- Not Applicable. ITEM 4. Changes in Registrant's Certifying Accountant --------------------------------------------- Not Applicable. ITEM 5. Other Events ------------ On May 30, 2003, a distribution was made to the holders of Core Investment Grade Bond Trust I Pass-Through Certificates, Series 2002-1, issued pursuant to a Trust Agreement, dated as of November 20, 2002, among Core Bond Products LLC, as depositor, The Bank of New York, as trustee and securities intermediary (the "Trustee"), and Banc of America Securities LLC, as administrative agent. More specific information with respect to this distribution is filed as Exhibit 99.1 hereto. No other reportable transactions or matters have occurred during the current reporting period. ITEM 6. Registrations of Registrant's Directors --------------------------------------- Not Applicable. ITEM 7. Financial Statements, Pro Forma Financial Information and Exhibits ------------------------------------------------------------------ (a) Financial Statements. Not Applicable. (b) Pro Forma Financial Information Not Applicable. 2 (c) Exhibits The following exhibits were filed as part of this report: 99.1 Trustee's statement to certificate holders of Core Investment Grade Bond Trust I Pass-Through Certificates, Series 2002-1, in respect of the distribution made on May 30, 2003. ITEM 8. Change in Fiscal Year ---------------------- Not Applicable. ITEM 9. Regulation FD Disclosure ------------------------ Not Applicable. 3 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. Core Bond Products LLC, as Depositor of the Core Investment Grade Bond Trust I /s/ Corey B. Pinkston ------------------------------------------------- Name: Corey B. Pinkston Title: Principal Executive Officer June 4, 2003 4 INDEX TO EXHIBITS Exhibit No. Description ----------- ----------- 99.1 Trustee's statement to certificate holders of Core Investment Grade Bond Trust I Pass-Through Certificates, Series 2002-1, in respect of the distribution made on May 30, 2003. 5 EX-99.1 3 efc3-0884_exh991.txt Exhibit 99.1 Statement to Certificate Holders -------------------------------- To the holders of Core Investments Grade Bond Trust I Pass-Through Certificates, Series 2002-1 (CUSIP: 21867VAA7) (the "Certificateholders"): Reference is made to that certain Trust Agreement, dated as of November 20, 2002, among Core Bond Products LLC, as depositor, The Bank of New York, as trustee (the "Trustee") and securities intermediary, and Banc of America Securities LLC, as administrative agent (the "Trust Agreement") creating the Core Investment Grade Bond Trust I. Capitalized terms used but not specifically defined herein will retain the meanings ascribed to them in the Trust Agreement. As of the distribution date occurring on May 30, 2003 (the "Distribution Date"), the Trustee hereby provides the following information with respect to the Underlying Notes:
% of Aggregated Issuer Coupon Principal Amount Principal Amount Maturity Date ------ ------ ---------------- ---------------- ------------- AMERICA GENERAL 4.411% 75,000,000 3.70% 11/30/2007 ARCHSTONE 4.861% 35,000,000 1.73% 11/30/2007 BANK OF AMERICA 3.761% 145,000,000 7.16% 11/30/2007 BOEING 4.761% 110,000,000 5.43% 11/30/2007 CARRAMERICA 5.261% 50,000,000 2.47% 11/30/2007 CATERPILLAR 3.751% 75,000,000 3.70% 11/30/2007 CENTEX 5.461% 35,000,000 1.73% 11/30/2007 CIT GROUP 5.761% 110,000,000 5.43% 11/30/2007 DOW CHEMICAL 5.161% 110,000,000 5.43% 11/30/2007 DUKE ENERGY 4.611% 110,000,000 5.43% 11/30/2007 ERP OPERATING 4.861% 50,000,000 2.47% 11/30/2007 FLEETBOSTON 4.391% 110,000,000 5.43% 11/30/2007 GENERAL MILLS 3.901% 135,000,000 6.67% 11/30/2007 GMAC 6.311% 110,000,000 5.43% 11/30/2007 ILFC 5.491% 110,000,000 5.43% 11/30/2007 JP MORGAN 4.471% 135,000,000 6.67% 11/30/2007 KIMCO REALTY 4.961% 35,000,000 1.73% 11/30/2007 MBNA 5.711% 100,000,000 4.94% 11/30/2007 OCCIDENTAL 4.101% 75,000,000 3.70% 11/30/2007 SLM CORP 3.821% 110,000,000 5.43% 11/30/2007 VALERO ENERGY 6.311% 50,000,000 2.47% 11/30/2007 VODAFONE 4.161% 150,000,000 7.41% 11/30/2007 ---------------- ---------------- 2,025,000,000 100.00%
The aggregated interest balance due and not paid on the Underlying Notes as of the Distribution Date is $0.00: Pursuant to Section 4.02(a) of the Trust Agreement, the Trustee hereby also provides notice of the following with respect to the Distribution Date: 1. The amount of distributions to Certificateholders on the Distribution Date allocable to the principal or interest portion of Available Funds, or the amount of premiums, if any, payable to Certificateholders as a result of the optional redemption of Underlying Notes, is at set forth below (expressed as a Dollar amount per minimum denomination of Certificates):
Premium Amount Payable as Total Amount Payable to Distribution Amount Distribution Amount a Result of Optional Certificateholders Allocable to Interest Allocable to Principal Redemption ------------------------ --------------------- ----------------------- -------------------------- $50,525,756.94 $50,525,756.94 $0.00 $0.00
2. At the close of business on the Distribution Date, the aggregate Certificate Principal balance was $2,025,000,000.00 3. The amount received by the Trustee on the related Underlying Notes for the applicable Underlying Note Accrual Period was $50,566,256.94 4. The aggregate principal amount of the Underlying Notes as of the Distribution Date was $2,025,000,000.00. The weighted average interest rate per annum to the Underlying Notes for the next succeeding Underlying Note Accrual Period, assuming no optional redemption of any Underlying Notes, is 4.731346% The Bank of New York, as Trustee By: /s/ Millie Cicero -------------------------------------- Name: Millie Cicero Title: Assistant Treasurer 2 -----END PRIVACY-ENHANCED MESSAGE-----