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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): February 25, 2000
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KEYCORP STUDENT LOAN TRUST 1999-B
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(Exact Name of Registrant as Specified in its Charter)
Delaware 333-80109 36-4318790
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(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
c/o KeyBank, USA, as Administrator, 800 Superior Avenue, Attn: Roger Kondik,
Cleveland, Ohio 44114
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(Address of Principal Executive Offices)
Registrant's Telephone Number, Including Area Code: (216) 828-9367
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Exhibit Index on Page 4
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Item 5. OTHER EVENTS
On February 25, 2000, the KeyCorp Student Loan Trust 1999-B (the "Trust") made
its regular, quarterly distribution of funds to holders of the Trust's Floating
Rate Asset Backed Certificates and Floating Rate Asset Backed Notes and
distributed the Certificateholder's Statement and Noteholder's Statement, filed
herewith as Exhibits to this Form 8-K, to Certificateholders and Noteholders of
record, respectively.
In reliance upon certain no-action letters, including a letter dated May 9,
1997, issued by the Chief Counsel, Division of Corporate Finance of the
Securities and Exchange Commission relating to the KeyCorp Student Loan Trust
1996-A, Registration No. 333-4274, the Trust is hereby filing the
Certificateholder's Statement and Noteholder's Statement reflecting the Trust's
activities for the period ending January 31, 2000, including a statistical
summary of the delinquency and default characteristics of the Trust's student
loan portfolio as of such date.
Item 7. EXHIBITS
Exhibit 99(a) - Certificateholder's Statement
Exhibit 99(b) - Noteholder's Statement
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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.
Date: February 25, 2000
KeyCorp Student Loan Trust 1999-B,
By: Bank One, National Association, not in
its individual capacity but solely as
Eligible Lender Trustee on behalf of the
Trust
By: /S/ JEFFREY L. KINNEY
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Jeffrey L. Kinney
Vice President
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EXHIBIT INDEX
Exhibit
99(a) Certificateholder's Statement 5
99(b) Noteholder's Statement 7
Page 4 of 8 pages