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): January 17,2002
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CAPITAL AUTO RECEIVABLES, INC.
(Exact name of registrant as specified in its charter)
Delaware 333-93431 38-3082892
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(State or other Jurisdiction (Commission (I.R.S. employer
of Incorporation) File Number) Identification No.)
Corporation Trust Center
1209 Orange Street
Wilmington, Delaware 19801
(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 January 15,
2002, setting forth a description of the collateral pool and the proposed
structure of $579,000,000 aggregate principal amount of Class A-2 Floating Rate
Asset Backed Notes (the "Class A-2 Notes"), $652,000,000 aggregate principal
amount of Class A-3 Floating Rate Asset Backed Notes (the "Class A-3 Notes"),
and $469,374,000 aggregate principal amount of Class A-4 4.16% 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") of Capital Auto Receivables Asset Trust
2002-1 (the "Trust"), as an exhibit to the Current Report on Form 8-K, dated as
of January 15, 2002.
The trust will also issue $475,000,000 aggregate principal amount of Class
A-1 Asset Backed Notes (the "Class A-1 Notes"), and $102,504,338.63 aggregate
principal amount of Asset Backed Certificates (the "Retained Certificates"). The
Offered Notes and the Class A-1 Notes 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 January 17,
2002.
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 January 17,
2002.
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.
CAPITAL AUTO RECEIVABLES, INC.
(Registrant)
Dated: April 9, 2002 By: s/ WILLIAM F. MUIR
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William F. Muir, Chairman
Dated: April 9, 2002 By: s/JOHN D. FINNEGAN
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John D. Finnegan, President