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: April 28, 2009
The First Marblehead Corporation
(Exact name of registrant as specified in charter)
Delaware |
| 001-31825 |
| 04-3295311 |
(State or other jurisdiction |
| (Commission |
| (IRS Employer |
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The Prudential Tower |
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800 Boylston Street, 34th Floor |
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Boston, Massachusetts |
| 02199-8157 | ||
(Address of principal executive offices) |
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Registrant’s telephone number, including area code: (800) 895-4283
(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 2.02. Results of Operations and Financial Condition
On April 28, 2009, The First Marblehead Corporation (the “Corporation”) announced its financial and operating results for the third quarter of fiscal 2009 and the nine-month period ended March 31,2009. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this current report on Form 8-K.
Item 7.01. Regulation FD Disclosure
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Static Pool Data; Supplemental Presentation
The Corporation has posted to its website static pool data as of March 31, 2009 with respect to certain securitization trusts facilitated by the Corporation, together with a supplemental presentation. The static pool information includes original pool characteristics, borrower payment status, delinquency, cumulative loss and prepayment data as of March 31, 2009. The supplemental presentation includes channel-specific loans available for securitization by fiscal year, parity ratios by trust, net recovery rates by year of default, FICO score ranges by year of loan disbursement since fiscal 2005 and by channel, FICO score distributions for loans disbursed since January 1, 2007, six-month rolling prepayment rates and payment status by trust.
The static pool data and supplemental information can be found on the Corporation’s website, www.firstmarblehead.com, by clicking “Investors.” In addition, the static pool information is furnished as Exhibit 99.2, and the supplemental presentation is furnished as Exhibit 99.3, to this current report on Form 8-K and each is incorporated under this Item 7.01 by reference.
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The information contained in this current report on Form 8-K, including Exhibits 99.1, 99.2 and 99.3, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
The following exhibits relating to Items 2.02 and 7.01 shall be deemed to be furnished, and not filed:
99.1 Press release issued by the Corporation on April 28, 2009 entitled, “First Marblehead Announces Third Quarter Fiscal 2009 Results”
99.2 Static pool data as of March 31, 2009
99.3 Supplemental presentation dated March 31, 2009
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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.
| THE FIRST MARBLEHEAD CORPORATION | |
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Date: April 28, 2009 | By: | /s/ Kenneth Klipper |
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| Kenneth Klipper |
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EXHIBIT INDEX
Exhibit No. |
| Description |
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99.1 |
| Press release issued by the Corporation on April 28, 2009 entitled, “First Marblehead Announces Third Quarter Fiscal 2009 Results” |
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99.2 |
| Static pool data as of March 31, 2009 |
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99.3 |
| Supplemental presentation dated March 31, 2009 |
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