8-K 1 d8k.htm FORM 8-K FORM 8-K

 

 

UNITED STATES

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) May 16, 2008

 

 

Central Index Key Number of depositor: 0000819975, 0000869090

CHASE BANK USA, NATIONAL ASSOCIATION

(Sponsor, Depositor, Originator, Administrator

and Servicer of the Issuing Entities described below)

Central Index Key Number of issuing entity: 0000890493

FIRST USA CREDIT CARD MASTER TRUST

(Issuing Entity of the First USA Collateral Certificate)

Central Index Key Number of issuing entity: 0001004988

CHASE CREDIT CARD MASTER TRUST

(Issuing Entity of the Chase Collateral Certificate)

Central Index Key Number of issuing entity: 0001174821

CHASE ISSUANCE TRUST

(Issuing Entity of the Notes)

(Exact name of registrant as specified in its charter)

 

 

 

Laws of the United States  

333-145109

333-131327

  22-2382028

(State or other jurisdiction of

incorporation or organization)

  (Commission File Number)  

(IRS Employer

Identification Number)

Chase Bank USA, National Association

White Clay Center Building 200

Route 273

Newark, Delaware

    19711
(Address of principal executive offices)     (Zip Code)

Registrant’s telephone number, including area code (302) 594-4000

 

 

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:

 

¨ 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))

 

 

 


Section 8 – Other Events

 

Item 8.01 Other Events

On May 16, 2008, the Chase Issuance Trust, a Delaware statutory business trust (the “Trust”) and Chase Bank USA, National Association (the “Bank”), completed the securitization of approximately $1,500,000,000 of credit card receivables. The securitization consists of $1,500,000,000 Class A(2008-7) notes.

The Class A(2008-7) notes are part of a series of notes called the CHASEseries. The CHASEseries will consist of Class A notes, Class B notes and Class C notes. The Class A(2008-7) notes are a tranche of the Class A notes of the CHASEseries.

The Underwriting Agreement of the Trust, dated as of May 1, 2008, among the Trust, the Bank and J.P. Morgan Securities Inc was included as Exhibit 1.1(a) to the Form 8-K filed with the Securities and Exchange Commission on May 1, 2008 and is incorporated herein by reference.

The Bank services the receivables that are included in the securitization and will continue to service the accounts associated with such receivables following the securitization.

Section 9 – Financial Statements and Exhibits

 

Item 9.01 Financial Statement and Exhibits.

The following exhibits are filed as a part of this report:

 

(1.1)   Class A(2008-7) Terms Agreement, dated as of May 6, 2008, between Chase Bank USA, National Association and J.P. Morgan Securities Inc.
(4.1)   Class A(2008-7) Terms Document, dated as of May 16, 2008, among Chase Issuance Trust, as Issuer and Wells Fargo Bank, National Association, as Indenture Trustee and as Collateral Agent.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

CHASE BANK USA, NATIONAL ASSOCIATION,

as Sponsor, Depositor, Originator, Administrator and Servicer

of the First USA Credit Card Master Trust, the Chase Credit

Card Master Trust and the Chase Issuance Trust

By:

 

/s/ Patricia M. Garvey

Name:

  Patricia M. Garvey

Title:

  Vice President

Date: May 16, 2008