-----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, BuQ7q9BwAJrbRb6PQSlKiuzFUNI4tVrMBQUhORn72q+1Z+GzkRZY4znait+Zgkzo dmDD9mFfjJwUUCg2ZrlQ2g== 0000870517-04-000015.txt : 20040317 0000870517-04-000015.hdr.sgml : 20040317 20040317130521 ACCESSION NUMBER: 0000870517-04-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040317 ITEM INFORMATION: Other events FILED AS OF DATE: 20040317 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MBNA CORP CENTRAL INDEX KEY: 0000870517 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 521713008 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10683 FILM NUMBER: 04674861 BUSINESS ADDRESS: STREET 1: 1100 N KING ST STREET 2: C/O MBNA AMERICA BANK NA CITY: WILMINGTON STATE: DE ZIP: 19884 BUSINESS PHONE: 8003626255 MAIL ADDRESS: STREET 1: 1100 NORTH KING STREET CITY: WILMINGTON STATE: DE ZIP: 19884 8-K 1 mar17sec.htm MARCH 17, 2004 8-K SECURITIZATION March 17, 2004 8-K Securitization




 


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)
March 17, 2004
 
 
MBNA Corporation
(exact name of registrant as specified in its charter)


Maryland
1-10683
52-1713008
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)


Wilmington, Delaware
 
19884-0131
 (Address of principal executive offices)
 
 (Zip Code)


Registrant's telephone number, including area code
(800) 362-6255


 (Former name or former address, if changed since last report)




 










Item 5. Other Events


On March 17, 2004, MBNA America Bank, N.A. ("MBNA America"), a wholly owned subsidiary of MBNA Corporation, completed the securitization of $700.0 million of credit card loan receivables. MBNA America, through MBNA Credit Card Master Note Trust, issued MBNAseries asset backed notes.

The MBNAseries transaction had one class of publicly traded asset backed notes, Class A (2004-3). Class A (2004-3) consists of $700.0 million fifteen-year floating rate asset backed notes and accrues interest at 26 basis points over the one-month London Interbank Offered Rate. The Class A (2004-3) notes were priced at par.

MBNA America retained ownership of the credit card accounts, which generated the receivables and will act as servicing agent for the Class A (2004-3) notes.







































 
     
 
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 hereunto duly authorized.






 
MBNA Corporation
 
 
Date: March 17, 2004
By:
/s/
Vernon H.C. Wright
Vernon H.C. Wright
 
 
Chief Financial Officer



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