-----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, SD5tyQG9WzCS5NfPzuyqTa4rxf2k7uMVXoC692LVheI97DJJD/or/xGd8OfS4h6J iFbQpe0wsrH9wl2vgJiwQg== 0000902561-04-000471.txt : 20041021 0000902561-04-000471.hdr.sgml : 20041021 20041021115319 ACCESSION NUMBER: 0000902561-04-000471 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041021 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041021 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 SEC ACT: 1934 Act SEC FILE NUMBER: 333-110126-01 FILM NUMBER: 041089081 BUSINESS ADDRESS: STREET 1: LEVEL 6 12 CASTLEREAGH STREET STREET 2: SYDNEY NEW SOUTH WALES CITY: AUSTRALIA STATE: C3 ZIP: 00000 8-K 1 form8k_2dm102704.txt FORM 8-K 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) October 21, 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) 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 (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 8.01 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. On July 12, 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. On October 12, 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 9.01. 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 October 12, 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: October 21, 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 - ------- -------------- ----------- ---- 1 99 Bondholders Report 1 Related to the October 12, 2004 Distribution EX-99.1 2 form8k_2ex99-1dm102704.txt EXH. 99.1 - BONDHOLDERS REPORT EXHIBIT 99.1
- ----------------------------------------------------------------------------------------------------------------------------------- Bond Trust ARMS II GLOBAL FUND 3 Deed Schedule 8 Reference BONDHOLDERS REPORT - ----------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------- REPORTING DATES Cut-Off Date September 30, 2004 Determination Date October 7, 2004 Payment Date October 12, 2004 Start Interest Period July 12, 2004 End Interest Period October 11, 2004 No of Days in Interest Period 92 Start Calculation Period July 1, 2004 End Calculation Period September 30, 2004 No of Days in Calculation Period 92 -------------------------------------------------------------------------------------------------------------------- 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 45,457,500 26,647,500 103,496,926 Principal Distribution for current calculation period 28,420,000 16,660,000 64,706,212 Total Principal Distribution to date 73,877,500 43,307,500 168,203,138 Beginning Principal Amount 679,542,500 398,352,500 1,547,171,754 (a) Ending Principal Amount 651,122,500 381,692,500 1,482,465,541 less Unreimbursed Charge-offs - - - Beginning Stated Amount 679,542,500 398,352,500 1,547,171,754 (a) Ending Stated Amount 651,122,500 381,692,500 1,482,465,541 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 / Interest Interest Bank Bill Rate Margin Rate USD Class A1a Bonds 1.59000 0.21 1.80000 Class B1a Bonds 1.59000 0.65 2.24000 EURO Class A1b Bonds 2.114 0.21 2.324 Class B1b Bonds 2.114 0.65 2.764 AUD Class A1a Bonds (payable to Currency Swap Provider) 5.4583 0.3819 5.8402 Class B1a Bonds 5.4583 0.8879 6.3462 Class A1b Bonds (payable to Currency Swap Provider) 5.4583 0.3687 5.8270 Class B1b Bonds 5.4583 0.8717 6.3300 -------------------------------------------------------------------------------------------------------------------- DISTRIBUTIONS PAYABLE ON PAYMENT DATE $US EURO $A Interest Entitlement: (b) Class A1a Bonds 3,125,910 13,162,116 (b) Class B1a Bonds 143,110 526,181 Class A1b Bonds 2,365,848 9,591,305 Class B1b Bonds 119,375 442,034 Principal Repayment: (c) Class A1a Bonds 28,420,000 37,394,737 (c) Class B1a Bonds - - Class A1b Bonds 16,660,000 27,311,475 Class B1b Bonds - - Total: Class A Bonds 31,545,910 19,025,848 87,459,633 Class B Bonds 143,110 119,375 968,215 Total 31,689,020 19,145,222 88,427,848 -------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Bond Trust ARMS II GLOBAL FUND 3 Deed Schedule 8 Reference BONDHOLDERS REPORT - ----------------------------------------------------------------------------------------------------------------------------------- POOL FACTORS Last Current Distribution Distribution Date Date (h) Class A Bonds 0.9373 0.8981 Class B Bonds 1.0000 1.0000 -------------------------------------------------------------------------------------------------------------------- (d) INCOME COLLECTIONS FOR CALCULATION PERIOD 28,002,571 -------------------------------------------------------------------------------------------------------------------- AVAILABLE AMORTISATION AMOUNT $AUD (i) Scheduled Principal Collections 3,296,275 (i) Unscheduled Principal Collections 96,226,199 Gross Principal Collections 99,522,474 less (g) Redraw Advances, Line of Credit Advances and Permitted Further Advances 37,620,124 (e) Net Principal Collections 61,902,350 Application of Cash Reserve and Advances Reserve as Available Amortisation Amount 2,803,862 (l) Charge-offs and Unreimbursed Charge-offs 0 (f) Available Amortisation Amount 64,706,212 -------------------------------------------------------------------------------------------------------------------- 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 1,537,977,085 Total number of Loans 6,218 Average Loan Balance 247,342.73 Weighted Average LVR 73.35 Seasoning NO OF LOANS % TOTAL BALANCE % BY BALANCE 0- 6 months -- 0.00% -- 0.00% 6 - 12 months 3,682 59.22% 942,866,975 61.31% 12 - 18 months 1,386 22.29% 334,790,816 21.77% 18 - 24 months 633 10.18% 163,496,341 10.63% 24 - 36 months 358 5.76% 81,020,107 5.27% 36 - 48 months 23 0.37% 3,920,853 0.25% 48 - 60 months 11 0.18% 1,501,340 0.10% > than 60 months 125 2.01% 10,380,654 0.67% 6,218 100.0% 1,537,977,085 100.00% -------------------------------------------------------------------------------------------------------------------- (k) AGGREGATE LOSS AMOUNT NIL -------------------------------------------------------------------------------------------------------------------- (m) DELINQUENCY AND LOSSES DELINQUENCY AUD AMOUNT % OF OF LOANS POOL 31 - 60 days 11,073,435 0.72% 61 - 90 days 2,922,156 0.19% 90+ days 5,536,718 0.36% LOSSES AUD Mortgage Insurance claims made Nil Mortgage Insurance claims paid Nil Mortgage Insurance claims pending Nil Mortgage Insurance claims denied Nil - -----------------------------------------------------------------------------------------------------------------------------------
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