-----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, Rhghs8RMmrc7pbnbzFTjSvaNJsIViZv1Byk0NOtrbktXqDjotMVaiJDEFdDp4QpG 3wceAKZHIveKv1t0M9ozhA== 0000902561-04-000369.txt : 20040817 0000902561-04-000369.hdr.sgml : 20040817 20040817142443 ACCESSION NUMBER: 0000902561-04-000369 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: ARMS II GLOBAL FUND 1 CENTRAL INDEX KEY: 0001295215 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: 333-104969-01 FILM NUMBER: 04981535 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 8-K/A 1 form8ka_dvp081304.txt AMENDMENT TO CURRENT DD MARCH 10 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 I) AUSTRALIAN SECURITISATION MANAGEMENT PTY LIMITED ------------------------------------------------------ (Exact Name of Registrant as Specified in its Charter) Commonwealth of Australia ---------------------------------------------- (State or Other Jurisdiction of Incorporation) 333-104969 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 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 8-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. On March 10, 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 March 10, 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 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 INDEX OF EXHIBITS ITEM 601(A) OF EXHIBIT REGULATION S-K NUMBER EXHIBIT NO. DESCRIPTION PAGE - ------- -------------- ----------- ---- Exhibit 1 99 Bondholders Report 1 Related to the March 10, 2004 Distribution EX-99.1 2 form8ka_exh-dvp081304.txt BONDHOLDERS RPT MARCH 20 2004 EXHIBIT 99.1 ARMS II Global Fund I Bondholders Report Related to the March 10, 2004 Distribution
- ------------------------------------------------------------------------------------------------------------------------------------ Reference to ARMS II GLOBAL FUND 1 Schedule 8 of the Bond BONDHOLDERS REPORT RELATED TO MARCH 10, 2004 DISTRIBUTION Trust Deed - ------------------------------------------------------------------------------------------------------------------------------------ REPORTING DATES Cut-Off Date February 27, 2004 Determination Date March 8, 2004 Payment Date March 10, 2004 Start Interest Period December 10, 2003 End Interest Period March 9, 2004 No. of Days in Interest Period 91 Start Calculation Period November 29, 2003 End Calculation Period February 27, 2004 No. of Days in Calculation Period 91 --------------------------------------------------------------------------------------------------------------------- SECURITIES ON ISSUE Amount Amount (US$) (A$) CLASS A BONDS Initial Face Value 1,000,000,000 1,525,553,013 Previous Principal Distribution 125,800,000 191,914,569 Principal Distribution for current calculation period 47,800,000 72,921,434 Total Principal Distribution to date 173,600,000 264,836,003 Beginning Principal Amount 874,200,000 1,333,638,444 (a) Ending Principal Amount 826,400,000 1,260,717,010 less Unreimbursed Charge-offs - - Beginning Stated Amount 874,200,000 1,333,638,444 (a) Ending Stated Amount 826,400,000 1,260,717,010 CLASS B BONDS Initial Face Value 50,500,000 Previous Principal Distribution - Principal Distribution for current calculation period - Total Principal Distribution to date - Beginning Principal Amount 50,500,000 (a) Ending Principal Amount 50,500,000 less Unreimbursed Charge-offs - Beginning Stated Amount 50,500,000 (a) Ending Stated Amount 50,500,000 --------------------------------------------------------------------------------------------------------------------- INTEREST RATE FOR ACCRUAL PERIOD Libor / Interest Interest Bank Bill Rate Margin Rate US$ Class A Bonds 1.17125 0.23000 1.40125 A$ Class A Bonds (payable to Currency Swap Provider) 5.45670 0.35100 5.80770 Class B Bonds 5.45670 0.90000 6.35670 --------------------------------------------------------------------------------------------------------------------- DISTRIBUTIONS PAYABLE ON PAYMENT DATE (US$) (A$) Interest Entitlement: (b) Class A Bonds 3,096,500 19,310,379 (b) Class B Bonds 800,335 Principal Repayment: (c) Class A Bonds 47,800,000 72,921,434 Class B Bonds (c) Total: Class A Bonds 50,896,500 92,231,814 Class B Bonds 800,335 Total 50,896,500 93,032,149 ---------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------ Reference to ARMS II GLOBAL FUND 1 Schedule 8 of the Bond BONDHOLDERS REPORT RELATED TO MARCH 10, 2004 DISTRIBUTION Trust Deed - ------------------------------------------------------------------------------------------------------------------------------------ POOL FACTORS Last Current Distribution Distribution Date Date (h) Class A Bonds 0.8742 0.8264 Class B Bonds 1.0000 1.0000 --------------------------------------------------------------------------------------------------------------------- (d) INCOME COLLECTIONS FOR CALCULATION PERIOD 24,149,547 --------------------------------------------------------------------------------------------------------------------- AVAILABLE AMORTISATION AMOUNT (A$) (i) Scheduled Principal Collections 2,419,775 (i) Unscheduled Principal Collections 108,253,633 Gross Principal Collections 110,673,408 less (g) Redraw Advances, Line of Credit Advances and Permitted Further Advances 37,646,703 (e) Net Principal Collections 73,026,705 Application of Cash Reserve and Advances Reserve as Available Amortisation Amount (105,271) (l) Charge-offs and Unreimbursed Charge-offs -- (f) Available Amortisation Amount 72,921,434 --------------------------------------------------------------------------------------------------------------------- PORTFOLIO INFORMATION (based on Loans forming part of the Assets of the Fund as at the last day of the Calculation Period) (j) Aggregate Face Value of Loans 1,306,729,299 Total number of Loans 5,795 Average Loan Balance 225,492.55 Weighted Average LVR 72.74 Seasoning No of Loans % by number Balance % by balance 0 to 6 months - 0.00% - 0.00% 6 to 12 months 1,188 20.50% 270,117,352 20.67% 12 to 18 months 3,588 61.92% 822,795,996 62.97% 18 to 24 months 432 7.45% 99,609,753 7.62% 24 to 36 months 196 3.38% 46,022,081 3.52% 36 to 48 months 145 2.50% 27,516,337 2.11% 48 to 60 months 129 2.23% 24,035,283 1.84% >60 months 117 2.02% 16,632,497 1.27% 5,795 100.00% 1,306,729,299 100.00% --------------------------------------------------------------------------------------------------------------------- (k) AGGREGATE LOSS AMOUNT NIL --------------------------------------------------------------------------------------------------------------------- (m) DELINQUENCY AND LOSSES DELINQUENCY (A$) Amount % of of Loans Pool 31 - 60 days 10,845,853 0.83% 61 - 90 days 3,920,188 0.30% 90+ days 4,573,553 0.35% 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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