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) January 22, 1998.
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Deutsche Financial Capital Securitization LLC
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(Exact name of registrant as specified in charter)
North Carolina 333-24351 56-2018645
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
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 (910) 664-2400
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(Former name or former address, if changed since last report.)
Item 5. Other Events.
On January 22, 1998, the Registrant expects to enter into an
underwriting agreement with Credit Suisse First Boston Corporation and
Deutsche Morgan Grenfell Inc. (the "Underwriters"), pursuant to which the
Underwriters will agree to purchase and offer for sale to the public,
$220,216,000 approximate aggregate initial principal amount of the
Registrant's Senior/Subordinated Pass-Through Certificates, Series 1998-I,
Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class M
and Class B-1 (the "Offered Securities"). The Offered Securities are
registered for sale under the Registrant's effective shelf Registration
Statement on Form S-3 (333-24351), and will be offered pursuant to a
Prospectus, to be dated January 22, 1998, and a related Prospectus
Supplement, to be dated January 22, 1998, to be filed with the Securities
and Exchange Commission pursuant to the Securities Act of 1933, as amended
and Rule 424 thereunder.
In connection with the offering of the Offered Securities, the
Underwriters have prepared and disseminated to potential purchasers
certain "Series Term Sheets", "Computational Materials" and/or "Structural
Terms Sheet(s)," as such terms are defined in the No-Action response
letters to Greenwood Trust Company, Discover Card Master Trust I (publicly
available April 5, 1996), to Kidder, Peabody and Co. Incorporated and
certain affiliates thereof (publicly available, May 20, 1994) and the
No-Action response letter to Cleary, Gottlieb, Steen & Hamilton on behalf
of the Public Securities Association (publicly available, February 17,
1995), respectively. In accordance with such No-Action Letter, the
Registrant is filing herewith such Series Term Sheets, Computational
Materials and/or Structural Terms Sheet(s) as Exhibit 99.1.
Exhibits
99.1 Copy of "Series Term Sheets", "Computational Materials" and/or
"Structural Terms Sheet(s)" as provided by Credit Suisse First
Boston Corporation and Deutsche Morgan Grenfell Inc.
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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 thereunto duly authorized.
January 22, 1998 DEUTSCHE FINANCIAL CAPITAL SECURITIZATION LLC
By: DEUTSCHE FINANCIAL CAPITAL I CORP.
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By: /s/ Douglas R. Muir
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Name: Doug R. Muir
Title: Treasurer, Assistant Secretary
and Vice President
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INDEX TO EXHIBITS
Page
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99.1 Copy of "Series Term Sheets", "Computational Materials"
and/or "Structural Terms Sheet(s)"
as provided by Credit Suisse First Boston
Corporation and Deutsche Morgan Grenfell Inc.......................
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