DAIMLER BENZ AUTO GRANTOR TRUST 1995-A
8-K, 1997-05-08
ASSET-BACKED SECURITIES
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934




                     DAIMLER-BENZ AUTO GRANTOR TRUST 1995-A
 -------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)



                                 April 15, 1997
 -------------------------------------------------------------------------------
                Date of Report (Date of earliest event reported)



Delaware                            33-96990                 13-3770955
- --------                            --------                 ----------
(State or other jurisdiction        (Commission File         (I.R.S. Employer
of incorporation)                    Number)                 Identification No.)



        1201 North Market Street, Suite 1406, Wilmington, Delaware 19801
 -------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)



                                 (302) 426-1900
 -------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)
<PAGE>   2
Item 5.  Other Events

         On April 15, 1997, the Principal and Interest collected during the
preceding calendar month, net of certain adjustments as provided for in the
Pooling and Servicing Agreement dated as of November 1, 1995 (the "Agreement"),
among Mercedes-Benz Credit Corporation, in its individual capacity and as
Servicer, Daimler-Benz Vehicle Receivables Corporation, as Seller, and Citibank,
N.A., as Trustee, Yield Supplement Agent, Payahead Agent, Class A Agent and
Class B Agent (the "Trustee"), was distributed to holders ("Certificateholders")
of certificates representing undivided fractional interests in Daimler-Benz Auto
Grantor Trust 1995-A. In accordance with the Agreement, the statements for Class
A and Class B Certificateholders for the March 1997 collection period (the
"March Statement") was furnished to the Trustee for the benefit of the
Certificateholders and, as such, was distributed by the Trustee to the
Certificateholders. A copy of the March Statement is being filed as Exhibit 28
to this Current Report on Form 8-K.



Item 7.  Financial Statements and Exhibits

         (c)      Exhibits

                  Exhibit No.                Description
                  -----------                -----------

                  28                         Statement for Class A and Class B
                                             Certificateholders for the
                                             March 1997 Collection Period


                                      -2-
<PAGE>   3
                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                              Daimler-Benz Auto Grantor Trust 1995-A
                                           (Registrant)

                              By:  Mercedes-Benz Credit Corporation, as Servicer


Date:  April 29, 1997         By:      /s/ David A. Klanica
                                     -----------------------
                                      Name:  David A. Klanica
                                      Title: Director of Accounting Services


                                      -3-
<PAGE>   4
                                INDEX TO EXHIBITS

Exhibit No.                    Description
- -----------                    -----------

    28                         Statement for Class A and Class B
                               Certificateholders for the March 1997 Collection
                               Period


                                      -4-

<PAGE>   1
                     DAIMLER-BENZ AUTO GRANTOR TRUST 1995-A
                            MONTHLY SERVICING REPORT
                   SERVICER: MERCEDES-BENZ CREDIT CORPORATION
                             TRUSTEE: CITIBANK, N.A.



COLLECTION PERIOD: MARCH 1997
DISTRIBUTION DATE: 4/15/97



<TABLE>
<CAPTION>
STATEMENT FOR CLASS A AND CLASS B CERTIFICATEHOLDERS PURSUANT TO
SECTION 4.9 OF THE POOLING AND SERVICING AGREEMENT                                                           Per $1,000 of Original
                                                                                                                Class A/Class B
                                                                                                               Certificate Amount
                                                                                                             ----------------------
<S>                                                                                            <C>               <C>
     (i)    Principal Distribution
            ----------------------
                Class A Amount                                                                  $14,790,342.77     $25.940915
                Class B Amount                                                                     $778,439.09     $25.940914
    (ii)    Interest Distribution
            ---------------------
                Class A Amount                                                                   $1,321,149.78      $2.317176
                Class B Amount                                                                      $69,534.20      $2.317176
   (iii)    Amount of Distribution allocable to the Yield Supplement Amount                         $20,244.27
            ---------------------------------------------------------------                         ----------
                Class A Amount                                                                      $19,232.06
                Class B Amount                                                                       $1,012.21
            Amount of Distribution allocable to the (Excess) Shortfall Amount                       $26,211.35
            -----------------------------------------------------------------                       ----------
                Class A Percentage                                                                  $24,900.78
                Class B Percentage                                                                   $1,310.57
    (iv)    Monthly Servicing Fee                                                                  $237,723.76      $0.396099
            ---------------------                                                                  -----------
                Monthly Supplemental Servicing Fee                                                       $0.00      $0.000000
                Class A Percentage of the Servicing Fee                                            $225,837.57      $0.396099
                Class A Percentage of the Supplemental Servicing Fee                                     $0.00      $0.000000
                Class B Percentage of the Servicing Fee                                             $11,886.19      $0.396099
                Class B Percentage of the Supplemental Servicing Fee                                     $0.00
     (v)    Class A Principal Balance (end of Collection Period)                               $256,214,740.06
            Class A Pool Factor (end of Collection Period)                                           44.937733%
            Class B Principal Balance (end of Collection Period)                                $13,484,986.32
            Class B Pool Factor (end of Collection Period)                                           44.937733%
    (vi)    Pool Balance (end of Collection Period)                                            $269,699,726.38

   (vii)    Class A Interest Carryover Shortfall                                                         $0.00
            Class A Principal Carryover Shortfall                                                        $0.00
            Class B Interest Carryover Shortfall                                                         $0.00
            Class B Principal Carryover Shortfall                                                        $0.00

  (viii)    Amount Otherwise Distributable to the Seller that is Distributed to
            Either the Class A or Class B Certificateholders                                             $0.00      $0.000000


    (ix)    Balance of the Reserve Fund Property (end of Collection Period)
                Class A Amount                                                                   $6,001,631.84
                Class B Amount                                                                           $0.00

     (x)    Aggregate Purchase Amount of Receivables repurchased by the Seller or the Servicer           $0.00
</TABLE>

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