-----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, GDL4aNOhRYTZzUveb9egFW8VoZktgQU9Q+XrD0TjhJl+8LlcMHjTtRXQsfdlcjnN bgyQYYh8inwDJk3UH8LN+Q== 0000902561-04-000371.txt : 20040817 0000902561-04-000371.hdr.sgml : 20040817 20040817142554 ACCESSION NUMBER: 0000902561-04-000371 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040817 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040817 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AUSTRALIAN SECURIT MANAGEMENT PTY ARMS II GLOBAL FUND 3 CENTRAL INDEX KEY: 0001286244 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 333-110126-01 FILM NUMBER: 04981540 BUSINESS ADDRESS: STREET 1: LEVEL 6 12 CASTLEREAGH STREET STREET 2: SYDNEY NEW SOUTH WALES CITY: AUSTRALIA STATE: C3 ZIP: 00000 8-K/A 1 form8ka_3dvp081304.txt AMENDED: CURRENT REPOR DD AUGUST 2004 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported) August 17, 2004 AUSTRALIAN SECURITISATION MANAGEMENT PTY LIMITED (as trust manager of the ARMS II Global Fund 3) AUSTRALIAN SECURITISATION MANAGEMENT PTY LIMITED ------------------------------------------------------ (Exact Name of Registrant as Specified in its Charter) Commonwealth of Australia ---------------------------------------------- (State or Other Jurisdiction of Incorporation) 333-110126 Not Applicable - ------------------------ ------------------------------------ (Commission File Number) (I.R.S. Employer Identification No.) Level 6, 12 Castlereagh Street,Sydney, New South Wales,Australia Not Applicable - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) 612-9225-0800 ---------------------------------------------------- (Registrant's Telephone Number, Including Area Code) Not Applicable ------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) ITEM 5. OTHER EVENTS. On January 29, 2004, Australian Securitisation Management Pty Limited, in its capacity as Trust Manager (the "Trust Manager") of the ARMS II Global Fund 3 (the "Fund"), publicly issued US$725,000,000 of Class A-1(a) Mortgage Backed Floating Rate Bonds due January 10, 2035 and US$25,000,000 of Class B-1(a) Mortgage Backed Flating Rate Bonds due January 10, 2035 (the "Bonds") pursuant to a registration statement (No. 333-110126) declared effective on January 21, 2004. Australian Securitisation Management Pty Limited was the manager for the issuance of the Bonds. Capitalized terms used in this Form 8-K and not defined have the same meanings given to them in the prospectus related to the Bonds. On April 13, 2004, the Payment Date, the Fund made a regular quarterly distribution of principal and interest to the holders of the Bonds issued by the Fund. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS. (a) Financial Statements Not applicable. (b) Pro Forma Financial Information. Not applicable. (c) Exhibits. ITEM 601(A) OF REGULATION S-K EXHIBIT NO. EXHIBIT NO. DESCRIPTION - ------------ -------------- ----------- 1 99 Bondholders Report Related to the April 13, 2004 Distribution 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 Trust Manager for the ARMS II Global Fund 3, by the undersigned, thereunto duly authorized. Australian Securitisation Management Pty Limited, (in its capacity as trust manager for the ARMS II Global Fund 3) (Registrant) Dated: August 16, 2004 By: /S/ LINDA LAZNIK ----------------------------------------------- Name: Linda Laznik Title: Treasurer INDEX OF EXHIBITS ITEM 601(A) OF EXHIBIT REGULATION S-K NUMBER EXHIBIT NO. DESCRIPTION PAGE - ------- -------------- ----------- ---- Exhibit 1 99 Bondholders Report Related to the 1 April 13, 2004 Distribution EX-99 2 form8ka-exh99_3dvp081304.txt BONDHOLDERS RPT DD APRIL 13 2004 EXHIBIT 99.1 ARMS II Global Fund 3 Bondholders Report Related to the April 13, 2004 Distribution
- ----------------------------------------------------------------------------------------------------------------------------------- Bond Trust ARMS II GLOBAL FUND 3 Deed Schedule 8 Reference BONDHOLDERS REPORT RELATED TO APRIL 13, 2004 DISTRIBUTION - ----------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------- REPORTING DATES Cut-Off Date March 31, 2004 Determination Date April 7, 2004 Payment Date April 13, 2004 Start Interest Period January 29, 2004 End Interest Period April 12, 2004 No of Days in Interest Period 75 Start Calculation Period January 29, 2004 End Calculation Period March 31, 2004 No of Days in Calculation Period 63 -------------------------------------------------------------------------------------------------------------------- SECURITIES ON ISSUE Amount Amount Amount (US$) (EURO) (A$) Class A Bonds Initial Face Value 725,000,000 425,000,000 1,650,668,680 Previous Principal Distribution - - - Principal Distribution for current calculation period 11,455,000 6,715,000 26,080,565 Total Principal Distribution to date 11,455,000 6,715,000 26,080,565 Beginning Principal Amount 725,000,000 425,000,000 1,650,668,680 (a) Ending Principal Amount 713,545,000 418,285,000 1,624,588,115 less Unreimbursed Charge-offs - - - Beginning Stated Amount 725,000,000 425,000,000 1,650,668,680 (a) Ending Stated Amount 713,545,000 418,285,000 1,624,588,115 Class B Bonds Initial Face Value 25,000,000 16,900,000 60,599,655 Previous Principal Distribution - Principal Distribution for current calculation period - Total Principal Distribution to date - Beginning Principal Amount 25,000,000 16,900,000 60,599,655 (a) Ending Principal Amount 25,000,000 16,900,000 60,599,655 less Unreimbursed Charge-offs - Beginning Stated Amount 25,000,000 16,900,000 60,599,655 (a) Ending Stated Amount 25,000,000 16,900,000 60,599,655 -------------------------------------------------------------------------------------------------------------------- INTEREST RATE FOR ACCRUAL PERIOD Libor/Euribor/ Interest Interest Bank Bill Rate Margin Rate USD Class A1a Bonds 1.11484 0.21000 1.32484 Class B1a Bonds 1.11484 0.65000 1.76484 EURO Class A1b Bonds 2.07600 0.21000 2.28600 Class B1b Bonds 2.07600 0.65000 2.72600 AUD Class A1a Bonds (payable to Currency Swap Provider) 5.58830 0.38190 5.97020 Class B1a Bonds 5.58830 0.88790 6.47620 Class A1b Bonds (payable to Currency Swap Provider) 5.58830 0.36870 5.95700 Class B1b Bonds 5.58830 0.87170 6.46000 -------------------------------------------------------------------------------------------------------------------- DISTRIBUTIONS PAYABLE ON PAYMENT DATE $US EURO $A Interest Entitlement: (b) Class A1a Bonds 2,001,073 11,702,582 (b) Class B1a Bonds 91,920 437,739 Class A1b Bonds 2,024,063 8,528,155 Class B1b Bonds 95,978 367,754 Principal Repayment: (c) Class A1a Bonds 11,455,000 - 15,072,368 (c) Class B1a Bonds - - - Class A1b Bonds - 6,715,000 11,008,197 Class B1b Bonds - - - Total: Class A Bonds 13,456,073 8,739,063 46,311,302 Class B Bonds 91,920 95,978 805,493 Total 13,547,993 8,835,041 47,116,795 -------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Bond Trust ARMS II GLOBAL FUND 3 Deed Schedule 8 Reference BONDHOLDERS REPORT RELATED TO APRIL 13, 2004 DISTRIBUTION - ----------------------------------------------------------------------------------------------------------------------------------- POOL FACTORS Last Current Distribution Distribution Date Date (h) Class A Bonds 1.0000 0.9842 Class B Bonds 1.0000 1.0000 -------------------------------------------------------------------------------------------------------------------- (d) INCOME COLLECTIONS FOR CALCULATION PERIOD 19,881,917 -------------------------------------------------------------------------------------------------------------------- AVAILABLE AMORTISATION AMOUNT $AUD (i) Scheduled Principal Collections 2,373,333 (i) Unscheduled Principal Collections 58,308,602 Gross Principal Collections 60,681,935 less (g) Redraw Advances, Line of Credit Advances and Permitted Further Advances 32,912,091 (e) Net Principal Collections 27,769,844 Application of Cash Reserve and Advances Reserve as Available Amortisation Amount (1,689,279) (l) Charge-offs and Unreimbursed Charge-offs 0 (f) Available Amortisation Amount 26,080,565 -------------------------------------------------------------------------------------------------------------------- PORTFOLIO INFORMATION (based on Loans forming part of the Assets of the Fund as at the last day of the Calculation Period) (j) Aggregate Face Value of Loans 1,679,193,636 Total number of Loans 6,807 Average Loan Balance 246,686.30 Weighted Average LVR 73.90 Seasoning NO OF LOANS % BY NUMBER BALANCE % BY BALANCE 0 to 3 months 244 3.58% 55,174,215 3.29% 3 to 6 months 3,706 54.44% 954,600,353 56.85% 6 to 12 months 1,543 22.67% 368,968,379 21.97% 12 to 18 months 712 10.46% 185,644,531 11.06% 18 to 24 months 294 4.32% 66,838,680 3.98% 24 to 36 months 145 2.13% 31,657,986 1.89% 36 to 48 months 19 0.28% 3,567,143 0.21% 48 to 60 months 24 0.35% 3,305,462 0.20% >60 months 120 1.76% 9,436,887 0.56% 6,807 100.0% 1,679,193,636 100.00% -------------------------------------------------------------------------------------------------------------------- (k) AGGREGATE LOSS AMOUNT NIL -------------------------------------------------------------------------------------------------------------------- (m) DELINQUENCY AND LOSSES DELINQUENCY AUD AMOUNT % OF OF LOANS POOL 31 - 60 days 10,746,839 0.64% 61 - 90 days 2,350,871 0.14% 90+ days 335,839 0.02% LOSSES AUD Mortgage Insurance claims made Nil Mortgage Insurance claims paid Nil Mortgage Insurance claims pending Nil Mortgage Insurance claims denied Nil - -----------------------------------------------------------------------------------------------------------------------------------
-----END PRIVACY-ENHANCED MESSAGE-----