SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 26, 2001
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OAKWOOD HOMES CORPORATION
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(Exact name of registrant as specified in charter)
North Carolina 1-7444 56-0985879
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) file number) Identification Number)
7800 McCloud Road, Greensboro, North Carolina 27409-9634
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (336) 664-2400
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Item 5. Other Events.
On February 26, 2001, Oakwood Acceptance Corporation, a subsidiary of
the Registrant, entered into a three-year, $200 million loan purchase facility
with Credit Suisse First Boston that replaced the financing provided to Oakwood
Acceptance Corporation through Oakwood Capital Corp.'s prior $250 million
facility with a commercial paper issuer. In connection with the new facility,
the Registrant issued to an affiliate of Credit Suisse First Boston immediately
exercisable warrants to acquire 9,534,439 shares of the Registrant's common
stock at an exercise price of $1.97 per share. On February 26, 2001, the
Registrant issued a press release announcing the new facility, a copy of which
is attached hereto as Exhibit 99.1.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits. The following exhibits are filed herewith:
99.1 Press release issued on February 26, 2001.
99.2 Sale and Servicing Agreement dated as of February 9,
2001 among Oak Leaf Holdings, LLC, as Depositor, OMI
Note Trust 2001-A, as Issuer, Ginkgo Corporation, as
Transferor, Oakwood Acceptance Corporation, as
Seller and Servicer and The Chase Manhattan Bank, as
Backup Servicer, Indenture Trustee and Custodian
99.3 Class A Note Purchase Agreement dated as of February
9, 2001 among OMI Note Trust 2001-A, as Issuer,
Oakwood Acceptance Corporation, as Seller and
Servicer, Oak Leaf Holdings, LLC, as Depositor,
Ginkgo Corporation as Transferor, the Purchaser
parties thereto and Credit Suisse First Boston, New
York Branch, as Agent
99.4 Trust Agreement dated as of February 9, 2001 between
Oak Leaf Holdings, LLC, as Depositor, and Wilmington
Trust Company, as Owner Trustee
99.5 Indenture dated as of February 9, 2001 between OMI
Note Trust 2001-A, as Issuer, and The Chase
Manhattan Bank, as Indenture Trustee
99.6 Custodial Agreement dated as of February 9, 2001 by
and among OMI Note Trust 2001-A, Credit Suisse First
Boston, New York Branch, Oakwood Acceptance
Corporation and The Chase Manhattan Bank
99.7 Registration Rights Agreement dated as of February
26, 2001 by and between Oakwood Homes Corporation
and Credit Suisse First Boston International
99.8 Oakwood Homes Corporation Warrant for Common Stock
dated as of February 26, 2001 by and between Oakwood
Homes Corporation and Credit Suisse First Boston
International
SIGNATURES
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.
OAKWOOD HOMES CORPORATION
Date: March 8, 2001 By: /s/ Suzanne H. Wood
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Name: Suzanne H. Wood
Title: Executive Vice President and
Chief Financial Officer
SECURITIES AND EXCHANGE COMMISSION
Washington, DC
EXHIBITS
CURRENT REPORT
ON
FORM 8-K
Date of Event Reported: Commission File No:
February 26, 2001 1-7444
OAKWOOD HOMES CORPORATION
EXHIBIT INDEX
Exhibit No. Exhibit Description
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99.1 Press release issued on February 26, 2001.
99.2 Sale and Servicing Agreement dated as of February 9,
2001 among Oak Leaf Holdings, LLC, as Depositor, OMI
Note Trust 2001-A, as Issuer, Ginkgo Corporation, as
Transferor, Oakwood Acceptance Corporation, as
Seller and Servicer and The Chase Manhattan Bank, as
Backup Servicer, Indenture Trustee and Custodian
99.3 Class A Note Purchase Agreement dated as of February
9, 2001 among OMI Note Trust 2001-A, as Issuer,
Oakwood Acceptance Corporation, as Seller and
Servicer, Oak Leaf Holdings, LLC, as Depositor,
Ginkgo Corporation as Transferor, the Purchaser
parties thereto and Credit Suisse First Boston, New
York Branch, as Agent
99.4 Trust Agreement dated as of February 9, 2001 between
Oak Leaf Holdings, LLC, as Depositor, and Wilmington
Trust Company, as Owner Trustee
99.5 Indenture dated as of February 9, 2001 between OMI
Note Trust 2001-A, as Issuer, and The Chase
Manhattan Bank, as Indenture Trustee
99.6 Custodial Agreement dated as of February 9, 2001 by
and among OMI Note Trust 2001-A, Credit Suisse First
Boston, New York Branch, Oakwood Acceptance
Corporation and The Chase Manhattan Bank
99.7 Registration Rights Agreement dated as of February
26, 2001 by and between Oakwood Homes Corporation
and Credit Suisse First Boston International
99.8 Oakwood Homes Corporation Warrant for Common Stock
dated as of February 26, 2001 by and between Oakwood
Homes Corporation and Credit Suisse First Boston
International