-----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, R4Itl0fDk1ALSFbdzec8sBnMtXPIBgr2yfv4CdzNPDqtR8mLbqKUXNuv3cmzEcT6 hmg/rHd5QGM8Cf+KSxheeQ== 0000902561-04-000366.txt : 20040817 0000902561-04-000366.hdr.sgml : 20040817 20040817142255 ACCESSION NUMBER: 0000902561-04-000366 CONFORMED SUBMISSION TYPE: 6-K/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040817 FILED AS OF DATE: 20040817 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARMS II GLOBAL FUND 1 CENTRAL INDEX KEY: 0001295215 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 6-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 333-104969-01 FILM NUMBER: 04981529 BUSINESS ADDRESS: STREET 1: LEVEL 6 12 CASTLEREAGH STREET STREET 2: SYDNEY NEW SOUTH WALES CITY: AUSTRALIA STATE: C3 ZIP: 00000 MAIL ADDRESS: STREET 1: LEVEL 6 12 CASTLEREAGH STREET STREET 2: SYDNEY NEW SOUTH WALES CITY: AUSTRALIA STATE: C3 ZIP: 00000 6-K/A 1 form6ka-1_pyun081304.txt FORM 6-K/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K/A SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the Calculation Period ending November 28, 2003 AUSTRALIAN SECURITISATION MANAGEMENT PTY LIMITED, (in its capacity as trust manager for the ARMS II GLOBAL FUND I) ------------------------------------------------------------ (Exact name of Registrant as specified in its Charter) LEVEL 6, 12 CASTLEREAGH STREET, SYDNEY, NEW SOUTH WALES, AUSTRALIA ---------------------------------------------------------------------- (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F [X] Form 40-F [ ] Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes [ ] No [X] If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_______________________. OTHER EVENTS On June 5, 2003, Australian Securitisation Management Pty Limited, in its capacity as Trust Manager (the "Trust Manager") of the ARMS II Global Fund I (the "Fund"), publicly issued US$1,000,000,000 of Class A Mortgage Backed Floating Rate Bonds due September 10, 2034 (the "Bonds") pursuant to a registration statement (No. 333-104969) declared effective on May 23, 2003. Australian Securitisation Management Pty Limited was the manager for the issuance of the Bonds. Capitalized terms used in this Form 6-K and not defined have the same meanings given to them in the prospectus related to the Bonds. On September 10, 2003, 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 December 10, 2003, the Payment Date, the Fund made a regular quarterly distribution of principal and interest to the holders of the Bonds issued by the Fund. -2- 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 I, by the undersigned, thereunto duly authorized. Australian Securitisation Management Pty Limited, (in its capacity as trust manager for the ARMS II Global Fund I) (Registrant) Dated: August 16, 2004 By: /S/ LINDA LAZNIK ----------------------------------------------- Name: Linda Laznik Title: Treasurer -3- EXHIBIT INDEX EXHIBIT DESCRIPTION - ------- ----------- 99.1 Bondholders' Report Related to the December 10, 2003 Distribution -4- EX-99.1 2 form6ka-1_ex991pyun081304.txt EX 99.1 - BONDHOLDERS REPORT EXHIBIT 99.1
ARMS II Global Fund I - --------------|--------------------------------------------------------------------------------------------------------------------- Reference to | ARMS II GLOBAL FUND 1 Schedule 8 of | the Bond | BONDHOLDERS REPORT RELATED TO DECEMBER 10, 2003 DISTRIBUTION Trust Deed | - --------------|--------------------------------------------------------------------------------------------------------------------- REPORTING DATES Cut-Off Date November 28, 2003 Determination Date December 8, 2003 Payment Date December 10, 2003 Start Interest Period September 10, 2003 End Interest Period December 9, 2003 No. of Days in Interest Period 91 Start Calculation Period August 30, 2003 End Calculation Period November 28, 2003 No. of Days in Calculation Period 91 --------------------------------------------------------------------------------------------------------------------- SECURITIES ON ISSUE Amount Amount (US$) (A$) -------------- ------------- Class A Bonds Initial Face Value 1,000,000,000 1,525,553,013 Previous Principal Distribution 63,400,000 96,720,061 Principal Distribution for current calculation period 62,400,000 95,194,508 Total Principal Distribution to date 125,800,000 191,914,569 Beginning Principal Amount 936,600,000 1,428,832,952 (a) Ending Principal Amount 874,200,000 1,333,638,444 less Unreimbursed Charge-offs - - Beginning Stated Amount 936,600,000 1,428,832,952 (a) Ending Stated Amount 874,200,000 1,333,638,444 Class B Bonds Initial Face Value 50,500,000 Previous Principal Distribution -- Principal Distribution for current calculation period -- Total Principal Distribution to date -- Beginning Principal Amount 50,500,000 (a) Ending Principal Amount 50,500,000 less Unreimbursed Charge-offs -- Beginning Stated Amount 50,500,000 (a) Ending Stated Amount 50,500,000 --------------------------------------------------------------------------------------------------------------------- INTEREST RATE FOR ACCRUAL PERIOD Libor / Interest Interest Bank Bill Rate Margin Rate -------------- -------- -------- US$ Class A Bonds 1.14000 0.23000 1.37000 A$ Class A Bonds (payable to Currency Swap Provider) 4.87670 0.35100 5.22770 Class B Bonds 4.87670 0.90000 5.77670 --------------------------------------------------------------------------------------------------------------------- Page 1 of 3
- --------------|--------------------------------------------------------------------------------------------------------------------- Reference to | ARMS II GLOBAL FUND 1 Schedule 8 of | the Bond | BONDHOLDERS REPORT RELATED TO SEPTEMBER 10, 2003 DISTRIBUTION Trust Deed | - --------------|--------------------------------------------------------------------------------------------------------------------- DISTRIBUTIONS PAYABLE ON PAYMENT DATE (US$) (A$) ------------ ------------ Interest Entitlement: (b) Class A Bonds 3,243,500 18,622,614 (b) Class B Bonds 727,310 Principal Repayment: (c) Class A Bonds 62,400,000 95,194,508 (c) Class B Bonds Total: Class A Bonds 65,643,500 113,817,122 Class B Bonds -- 727,310 Total 65,643,500 114,544,432 --------------------------------------------------------------------------------------------------------------------- POOL FACTORS Last Current Distribution Distribution Date Date ------------- ------------ (h) Class A Bonds 0.9366 0.8742 Class B Bonds 1.0000 1.0000 --------------------------------------------------------------------------------------------------------------------- (d) INCOME COLLECTIONS FOR CALCULATION PERIOD 24,735,748 --------------------------------------------------------------------------------------------------------------------- AVAILABLE AMORTISATION AMOUNT (A$) ------------ (i) Scheduled Principal Collections 3,416,835 (i) Unscheduled Principal Collections 135,634,080 Gross Principal Collections 139,050,915 less (g) Redraw Advances, Line of Credit Advances and Permitted Further Advances 44,808,673 (e) Net Principal Collections 94,242,242 Application of Cash Reserve and Advances Reserve as Available Amortisation Amount 952,266 (l) Charge-offs and Unreimbursed Charge-offs (f) Available Amortisation Amount 95,194,508 --------------------------------------------------------------------------------------------------------------------- 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 1,379,664,228 Total number of Loans 6,137 Average Loan Balance 224,810.86 Weighted Average LVR 73.17 Seasoning No of Loans % Total Balance % by Balance --------- ----------- ------- ------- ------------ 0 to 6 months -- 0.00% -- 0.00% 6 to 12 months 3,465 56.46% 794,992,795 57.62% 12 to 18 months 1,801 29.35% 406,666,725 29.48% 18 to 24 months 341 5.56% 75,433,070 5.47% 24 to 36 months 126 2.05% 30,399,371 2.20% 36 to 48 months 176 2.87% 35,250,311 2.55% 48 to 60 months 111 1.81% 19,536,626 1.42% >60 months 117 1.91% 17,385,332 1.26% 6,137 100.00% 1,379,664,228 100.00% --------------------------------------------------------------------------------------------------------------------- Page 2 of 3
- --------------|--------------------------------------------------------------------------------------------------------------------- Reference to | ARMS II GLOBAL FUND 1 Schedule 8 of | the Bond | BONDHOLDERS REPORT RELATED TO SEPTEMBER 10, 2003 DISTRIBUTION Trust Deed | - --------------|--------------------------------------------------------------------------------------------------------------------- (k) AGGREGATE LOSS AMOUNT NIL --------------------------------------------------------------------------------------------------------------------- (m) DELINQUENCY AND LOSSES DELINQUENCY (A$) Amount % of of Loans Pool ------------ ----- 31 - 60 days 10,209,515 0.74% 61 - 90 days 3,035,261 0.22% 90+ days 4,138,993 0.30% LOSSES AUD Mortgage Insurance claims made Nil Mortgage Insurance claims paid Nil Mortgage Insurance claims pending Nil Mortgage Insurance claims denied Nil - ------------------------------------------------------------------------------------------------------------------------------------ Page 3 of 3
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