UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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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): June 21, 2001
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CAPITAL AUTO RECEIVABLES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 333-93431 38-3082892
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(State or other Jurisdiction (Commission File Number) (I.R.S. employer
of Incorporation) Identification No.)
Corporation Trust Center
1209 Orange Street
Wilmington, Delaware 19801
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(Address of principal executive offices)
Registrant's telephone number, including area code: 302-658-7581
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Items 1 - 4. Not Applicable.
Item 5. Other Events
The registrant previously filed a series term sheet, dated June 13, 2001,
setting forth a description of the collateral pool and the proposed structure of
$680,000,000 aggregate principal amount of Class A-2 Floating Rate Asset Backed
Notes (the "Class A-2 Notes"), $385,000,000 aggregate principal amount of Class
A-3 4.60% Asset Backed Notes (the "Class A-3 Notes"), $150,643,000 aggregate
principal amount of Class A-4 5.00% Asset Backed Notes (the "Class A-4 Notes,"
and, together with the Class A-2 Notes and the Class A-3 Notes, the "Offered
Notes") and $63,920,000 aggregate principal amount of Floating Rate Asset Backed
Certificates (the "Offered Certificates" and, together with the Class A-2 Notes,
the Class A-3 Notes and the Class A-4 Notes, the "Offered Securities") of
Capital Auto Receivables Asset Trust 2001-2 (the "Trust"), as an exhibit to the
Current Report on Form 8-K, dated as of June 14, 2001.
The trust will also issue $447,000,000 aggregate principal amount of Class
A-1 Floating Rate Asset Backed Notes (the "Class A-1 Notes"), $425,000,000
aggregate principal amount of a Variable Pay Asset Backed Revolving Note, Class
1 (the "VPRN") and $646,572.92 aggregate principal amount of Floating Rate Asset
Backed Certificates (the "Retained Certificates" and, together with the Offered
Notes, the "Certificates"). The Offered Notes, the Class A-1 Notes and the VPRN
are sometimes referred to collectively as the "Notes." In connection with the
issuance of the Notes, Kirkland & Ellis, as counsel to the Registrant, has
delivered (i) a revised opinion with respect to legality of the Notes and the
Certificates filed as Exhibit 5.1 to Registration Statement number 333-93431
(ii) a revised opinion with respect to tax matters filed as Exhibit 8.1 to
Registration Statement number 333-93431. Each such opinion is being filed as an
exhibit to this report.
Item 6. Not applicable.
Item 7. Exhibits.
Exhibit 5.1 The following is filed as an Exhibit to this report under
Exhibit 5.1.
Opinion of Counsel of Kirkland & Ellis, dated as of
June 21, 2001.
Exhibit 8.1 The following is filed as an Exhibit to this report under
Exhibit 8.1.
Opinion of Counsel of Kirkland & Ellis, dated as of
June 21, 2001.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Dated: June 21, 2001 CAPITAL AUTO RECEIVABLES, INC.
(Registrant)
By: s/ WILLIAM F. MUIR
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William F. Muir, Chairman
Dated: June 21, 2001 By: s/JOHN D. FINNEGAN
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John D. Finnegan, President