-----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, Ri/Vt6c/4XFodqr8KakrdRGjWTfZ7NO3c9Hs4iPXYvvsMzZOPAWTfcpGMcogS9uZ ZxiMCDasmFH/JL8UdPst8Q== 0000902561-04-000374.txt : 20040817 0000902561-04-000374.hdr.sgml : 20040817 20040817142743 ACCESSION NUMBER: 0000902561-04-000374 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 2 CENTRAL INDEX KEY: 0001286245 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: 333-108887-01 FILM NUMBER: 04981555 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-6_pyun081304.txt FORM 8-K/A 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 2) AUSTRALIAN SECURITISATION MANAGEMENT PTY LIMITED ------------------------------------------------------ (Exact Name of Registrant as Specified in its Charter) Commonwealth of Australia ---------------------------------------------- (State or Other Jurisdiction of Incorporation) 333-108887 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 October 30, 2003, Australian Securitisation Management Pty Limited, in its capacity as Trust Manager (the "Trust Manager") of the ARMS II Global Fund 2 (the "Fund"), publicly issued US$1,000,000,000 of Class A Mortgage Backed Floating Rate Bonds due October 10, 2034 (the "Bonds") pursuant to a registration statement (No. 333-108887) declared effective on October 23, 2003. 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 January 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 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. 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 July 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 2, by the undersigned, thereunto duly authorized. Australian Securitisation Management Pty Limited, (in its capacity as trust manager for the ARMS II Global Fund 2) (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 1 to the July 12, 2004 Distribution EX-99.1 2 form8ka-6_ex991pyun081304.txt FORM 99.1 - BONDHOLDERS REPORT EXHIBIT 99.1
- ----------------------------------------------------------------------------------------------------------------------------------- Bond Trust ARMS II GLOBAL FUND 2 Deed Schedule 8 Reference BONDHOLDERS REPORT RELATED TO THE JULY 12, 2004 DISTRIBUTION - ----------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------- REPORTING DATES Cut-Off Date June 30, 2004 Determination Date July 8, 2004 Payment Date July 12, 2004 Start Interest Period April 13, 2004 End Interest Period July 11, 2004 No of Days in Interest Period 90 Start Calculation Period April 1, 2004 End Calculation Period June 30, 2004 No of Days in Calculation Period 91 -------------------------------------------------------------------------------------------------------------------- SECURITIES ON ISSUE Amount Amount (US$) (A$) CLASS A BONDS Initial Face Value 1,000,000,000 1,428,571,429 Previous Principal Distribution 79,200,000 113,142,857 Principal Distribution for current calculation period 55,900,000 79,857,143 Total Principal Distribution to date 135,100,000 193,000,000 Beginning Principal Amount 920,800,000 1,315,428,571 (a) Ending Principal Amount 864,900,000 1,235,571,429 less Unreimbursed Charge-offs -- -- Beginning Stated Amount 920,800,000 1,315,428,571 (a) Ending Stated Amount 864,900,000 1,235,571,429 CLASS B BONDS Initial Face Value 33,500,000 47,857,143 Previous Principal Distribution - Principal Distribution for current calculation period - Total Principal Distribution to date - Beginning Principal Amount 33,500,000 47,857,143 (a) Ending Principal Amount 33,500,000 47,857,143 less Unreimbursed Charge-offs - Beginning Stated Amount 33,500,000 47,857,143 (a) Ending Stated Amount 33,500,000 47,857,143 -------------------------------------------------------------------------------------------------------------------- INTEREST RATE FOR ACCRUAL PERIOD Libor / Interest Interest Bank Bill Rate Margin Rate USD Class A Bonds 1.14000 0.25000 1.39000 Class B Bonds 1.14000 0.75000 1.89000 AUD Class A Bonds (payable to Currency Swap Provider) 5.54000 0.42290 5.96290 Class B Bonds 5.54000 0.97310 6.51310 -------------------------------------------------------------------------------------------------------------------- DISTRIBUTIONS PAYABLE ON PAYMENT DATE $US $A Interest Entitlement: (b) Class A Bonds 3,199,800 19,340,800 (b) Class B Bonds 158,288 768,571 Principal Repayment: (c) Class A Bonds 55,900,000 79,857,143 (c) Class B Bonds Total: Class A Bonds 59,099,800 99,197,943 Class B Bonds 158,288 768,571 Total 59,258,088 99,966,514 -------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- Bond Trust ARMS II GLOBAL FUND 2 Deed Schedule 8 Reference BONDHOLDERS REPORT RELATED TO JULY 12, 2004 DISTRIBUTION - ----------------------------------------------------------------------------------------------------------------------------------- POOL FACTORS Last Current Distribution Distribution Date Date (h) Class A Bonds 0.9208 0.8649 Class B Bonds 1.0000 1.0000 -------------------------------------------------------------------------------------------------------------------- (d) INCOME COLLECTIONS FOR CALCULATION PERIOD 24,862,963 ------------------------------------------------------------------------------------------------------------------- AVAILABLE AMORTISATION AMOUNT $AUD (i) Scheduled Principal Collections 2,258,299 (i) Unscheduled Principal Collections 116,565,262 Gross Principal Collections 118,823,561 less (g) Redraw Advances, Line of Credit Advances and Permitted Further Advances 38,856,438 (e) Net Principal Collections 79,967,123 Application of Cash Reserve and Advances Reserve as Available Amortisation Amount (109,980) (l) Charge-offs and Unreimbursed Charge-offs 0 (f) Available Amortisation Amount 79,857,143 -------------------------------------------------------------------------------------------------------------------- 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 1,279,154,460 Total number of Loans 5,002 Average Loan Balance 255,728.60 Weighted Average LVR 72.19 Seasoning No of Loans % by number Balance % by balance 0 to 6 months -- 0.00% -- 0.00% 6 to 12 months 3,132 62.61% 800,994,514 62.62% 12 to 18 months 1,480 29.59% 379,073,094 29.63% 18 to 24 months 242 4.84% 64,119,239 5.01% 24 to 36 months 118 2.36% 29,345,086 2.29% 36 to 48 months 10 0.20% 3,119,018 0.24% 48 to 60 months -- 0.00% -- 0.00% >60 months 20 0.40% 2,503,509 0.20% 5,002 100.0% 1,279,154,460 100.00% -------------------------------------------------------------------------------------------------------------------- (k) AGGREGATE LOSS AMOUNT NIL -------------------------------------------------------------------------------------------------------------------- (m) DELINQUENCY AND LOSSES DELINQUENCY AUD AMOUNT % OF OF LOANS POOL 31 - 60 days 9,721,574 0.76% 61 - 90 days 3,325,802 0.26% 90+ days 6,907,434 0.54% 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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