SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) OCTOBER 29, 2001
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FGIC SECURITIES PURCHASE, INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
DELAWARE 0-19564 13-3633082
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(STATE OR OTHER JURISDICTION (COMMISSION FILE (IRS EMPLOYER
OF INCORPORATION) NUMBER) IDENTIFICATION NO.)
115 BROADWAY, NEW YORK, NEW YORK 10006
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (212) 312-3000
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
Item 5. Other Events.
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An exhibit is filed herewith in connection with the Registration
Statement on Form S-3 (File No. 333-47446) filed by FGIC Securities Purchase,
Inc. ("FGIC-SPI") with the Securities and Exchange Commission covering Liquidity
Facility Obligations in the principal amount of $1,000,000,000 plus interest.
The exhibit consists of the consent of KPMG LLP relating to (i) the
incorporation by reference of their report dated February 2, 2001 relating to
the financial statements and schedules of General Electric Capital Corporation
("GE Capital") and consolidated affiliates as of December 31, 2000 and 1999 and
for each of the years in the three-year period ended December 31, 2000 appearing
in GE Capital's Annual Report on Form 10-K for the year ended December 31, 2000;
and (ii) the reference to them under Experts in the Prospectus Supplement
relating to the $308,600,000 principal amount plus interest Liquidity Facility
of FGIC Securities Purchase, Inc. in support of The City of Los Angeles
Wastewater System Subordinate Revenue Bonds Variable Rate Refunding, Series
2001-A, 2001-B, 2001-C and 2001-D.
Item 7. Exhibits.
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Item 601 of
Regulation S-K
Exhibit Reference
Number
(23) Consents of experts and counsel:
(k) Consent of KPMG LLP
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.
FGIC SECURITIES PURCHASE, INC.
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Registrant
Dated: October 29, 2001 By: /s/ Judith L. Hart
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Name: Judith L. Hart
Title: Vice President
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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(23) Consents of experts and counsel:
(k) Consent of KPMG LLP
To the Board of Directors
General Electric Capital Corporation
We consent to incorporation by reference in the Prospectus
Supplement for FGIC Securities Purchase, Inc. relating to the $308,600,000
principal amount plus interest Liquidity Facility in support of The City of Los
Angeles Wastewater System Subordinate Revenue Bonds Variable Rate Refunding,
Series 2001-A, 2001-B, 2001-C and 2001-D (the "Prospectus Supplement") of our
report dated February 2, 2001 relating to the statement of financial position of
General Electric Capital Corporation and consolidated affiliates as of December
31, 2000 and 1999, and the related statements of earnings, changes in share
owners' equity and cash flows for each of the years in the three-year period
ended December 31, 2000, and the related schedule, which report appears in the
December 31, 2000 annual report on Form 10-K of General Electric Capital
Corporation.
We also consent to the reference to our firm under the heading
"Experts" in the Prospectus Supplement.
KPMG LLP
Stamford, Connecticut
October 26, 2001