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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of Report: January 27, 2000
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(Date of earliest event reported)
NISSAN AUTO RECEIVABLES CORPORATION
ON BEHALF OF NISSAN AUTO RECEIVABLES 2000-A OWNER TRUST
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(Exact name of registrant as specified in its charter)
DELAWARE 333-82763 33-0479655
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
990 WEST 190TH STREET
TORRANCE, CALIFORNIA 90502
(Address of principal executive offices)
Registrant's telephone number, including area code: (310) 719-8013
ITEM 5. OTHER EVENTS
On January 27, 2000, Nissan Auto Receivables Corporation ("NARC")
and Nissan Motor Acceptance Corporation ("NMAC") entered into that certain
Purchase Agreement, dated as of January 27, 2000, pursuant to which NMAC
transferred to NARC certain retail installment sales contracts relating to
certain new, near-new and used automobiles and light-duty trucks (the
"Receivables") and related property. On January 27, 2000, Nissan Auto
Receivables 2000-A Owner Trust (the "Trust"), a Delaware business trust created
pursuant to that certain Trust Agreement, dated as of December 21, 1999, as
amended by the Amended and Restated Trust Agreement, dated as of January 27,
2000, by and between NARC, as depositor, and Wilmington Trust Company, as owner
trustee, entered into that certain Sale and Servicing Agreement, dated as of
January 27, 2000 (the "Sale and Servicing Agreement"), by and among the Trust,
NARC, as seller, and NMAC, as servicer, pursuant to which the Receivables and
related property were transferred to the Trust. Also on January 27, 2000, the
Trust caused the issuance, pursuant to an Indenture, dated as of January 27,
2000 (the "Indenture"), by and between the Trust, as issuer, and Norwest Bank
Minnesota, National Association, as indenture trustee, and pursuant to the Sale
and Servicing Agreement, of the Notes, issued in the following classes: Class
A-1, Class A-2, Class A-3 and Class A-4 (collectively, the "Notes"). The Notes,
with an aggregate scheduled principal balance, as of January 27, of
$758,130,000, were sold to Chase Securities Inc., J.P. Morgan Securities Inc.
and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as underwriters (the
"Underwriters"), pursuant to an Underwriting Agreement, dated January 19, 2000
(the "Underwriting Agreement"), by and among NARC, NMAC and Chase Securities
Inc., on behalf of itself and as a representative of the Underwriters. The Notes
have been registered pursuant to the Securities Act of 1933, as amended, under a
Registration Statement on Form S-3 (Commission File No. 333-82763).
Capitalized terms used herein and not defined herein have the
meanings ascribed thereto in the Sale and Servicing Agreement.
Attached as Exhibit 1.1 is the Underwriting Agreement.
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ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Not applicable.
(b) Not applicable.
(c) Exhibits
The exhibit number corresponds with Item 601(a) of Regulation S-K.
Exhibit No. Description
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Exhibit 1.1 Underwriting Agreement, dated January 19, 2000, among
NARC, NMAC and Chase Securities Inc., on behalf of
itself and as a representative of the several
Underwriters.
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Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on behalf of the
Registrant by the undersigned thereunto duly authorized.
NISSAN AUTO RECEIVABLES CORPORATION
By: /s/ Tomoaki Shimazu
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Name: Tomoaki Shimazu
Title: Treasurer, Assistant Secretary
and Director
January 27, 2000
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EXHIBIT INDEX
Item 601(a) of Regulation S-K
Exhibit No. Description
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Exhibit 1.1 Underwriting Agreement, dated January 19, 2000, among
NARC, NMAC and Chase Securities Inc., on behalf of
itself and as a representative of the several
Underwriters.