-----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, RM0k6dHYZmv4ZQqy2//6I4iMudVhCUz8wr1m6zyxaAQE2bQ6RlDY3ziK3cdOpa0H jGOWw5JRmd4m/7BAm6FUdA== 0000902561-04-000421.txt : 20040923 0000902561-04-000421.hdr.sgml : 20040923 20040923094517 ACCESSION NUMBER: 0000902561-04-000421 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040920 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040923 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CRUSADE MANAGEMENT LTD GLOBAL TRUST NUMBER 2 OF 2003 CENTRAL INDEX KEY: 0001286851 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-107234-01 FILM NUMBER: 041042030 8-K 1 form8k_ac2-092204.txt CURRENT REPORT SEPTEMBER 20 2004 ================================================================================ 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 20, 2004 Crusade Management Limited, (as manager of Crusade Global Trust No. 2 of 2003) ------------------------------------------------------ (Exact Name of Registrant as Specified in its Charter) New South Wales, Australia ---------------------------------------------- (State or Other Jurisdiction of Incorporation) 333-107234-01 Not Applicable ------------------------ ------------------------------------ (Commission File Number) (I.R.S. Employer Identification No.) Level 11, 55 Market Street, Sydney, NSW 2000, Australia Not Applicable - -------------------------------------------------------- -------------- (Address of Principal Executive Offices) (Zip Code) 612 9952 1315 ---------------------------------------------------- (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 September 18, 2003, pursuant to a registration statement (No. 333-107234), Perpetual Trustees Consolidated Limited, in its capacity as issuer trustee (the "Issuer Trustee") of the Crusade Global Trust No. 2 of 2003 (the "Trust"), publicly issued U.S.$1,430,000,000 of Class A Mortgage Backed Floating Rate Notes (the "Notes"). The Issuer Trustee made a regular quarterly distribution of principal and interest to the holders of the Notes on the quarterly payment date falling on September 20, 2004. Capitalized terms used in this Form 8-K and not defined have the same meanings given to them in the prospectus related to the Notes. 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 Noteholders report for the Quarterly Payment Date on September 20, 2004 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 Crusade Global Trust No. 2 of 2003, by the undersigned, thereunto duly authorized. Crusade Management Limited, (in its capacity as Trust Manager for the Crusade Global Trust No. 2 of 2003) ----------------------------------------- (Registrant) Dated: September 22, 2004 By: /s/ Roger Desmarchelier ---------------------------------------- Name: Roger Desmarchelier Title: Executive Manager INDEX OF EXHIBITS Item 601(A) of Regulation S-K Exhibit No. Exhibit No. Description ----------- -------------- ----------- 1 99 Noteholders report for the Quarterly Payment Date on September 20, 2004 EX-99.1 2 form8k_exh99ac2-092204.txt NOTEHOLDERS RPT COUPON P/E SEPT 20 2004 EXHIBIT 99.1 Noteholders Report Crusade Global Trust No. 2 of 2003 Coupon Period Ending 20 September 2004
USD NOTES - --------- FV Outstanding Coupon Payments Principal Charge (USD) Bond Factor Coupon Rate (USD) Payments (USD) Offs (USD) -------------- ----------- ------------- --------------- -------------- ---------- Class A Notes 948,191,050.34 66.307066% 1.72375% 4,716,204.23 99,644,121.03 0.00 FV Outstanding Coupon Payments Principal Charge (AUD) Bond Factor Coupon Rate (AUD) Payments (AUD) Offs (AUD) -------------- ----------- ------------- --------------- -------------- ---------- Class B Notes 38,000,000.00 100.000000% Not Disclosed Not Disclosed 0.00 0.00 Class C Notes 9,200,000.00 100.000000% Not Disclosed Not Disclosed 0.00 0.00
31-Aug-04 POOL SUMMARY AUD - ------------ -------------- Outstanding Balance - Variable Rate Housing Loans 1,253,331,384 Outstanding Balance - Fixed Rate Loans 286,851,101 Number of Loans 9,926 Weighted Average Current LVR 63.45% Average Loan Size 155,166 Weighted Average Seasoning 27 mths Weighted Average Term to Maturity 285 mths PRINCIPAL COLLECTIONS AUD - --------------------- --------------- Scheduled Principal Payments 9,885,321.49 Unscheduled Principal Payments 153,823,613.66 Redraws 6,813,767.42 Principal Collections 156,895,167.73 TOTAL AVAILABLE PRINCIPAL AUD - ------------------------- --------------- Principal Collections 156,895,167.73 Principal Charge Offs 0.00 Reimbursement of Principal Draws 0.00 Total Available Principal 156,895,167.73 Outstanding Principal Draws from Previous Period 0.00 Principal Distributed 156,895,167.73 Principal Retained 0.00 TOTAL AVAILABLE FUNDS AUD - --------------------- ----------------- Available Income 31,536,942.66 Principal Draw 0.00 Liquidity Draw 0.00 Total Available Funds 31,536,942.66 REDRAW & LIQUIDITY FACILITIES AUD - ----------------------------- ------------------ Redraw Shortfall 0.00 Redraw Carryover Charge Offs 0.00 CPR - --- Jun-04 Jul-04 Aug-04 1 mth CPR 28.56% 33.40% 29.47% Arrears - ------- % of pool (by balance) 31 - 59 days 0.33% 60 - 89 days 0.13% 90+ days 0.15% Defaults Nil Losses Nil -----END PRIVACY-ENHANCED MESSAGE-----