DAIMLER BENZ AUTO GRANTOR TRUST 1995-A
8-K, 1997-04-01
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)


                                 March 17, 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 March 17, 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 February 1997 collection period (the
"February 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 February 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
                                   February 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:  March 17, 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
                   February 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: February 1997
Distribution Date: 3/17/97

Statement for Class A and Class B Certificateholders Pursuant to
Section 4.9 of the Pooling and Servicing Agreement

<TABLE>
<CAPTION>
                                                                                            Per $1,000 of Original
                                                                                                Class A/Class B
                                                                                              Certificate Amount
                                                                                            ----------------------
<S>                                                                       <C>                     <C>       
   (i)     Principal Distribution
               Class A Amount                                             $  14,763,446.41        $25.893741
               Class B Amount                                             $     777,023.50        $25.893741

  (ii)     Interest Distribution
               Class A Amount                                             $   1,393,121.58        $2.443408
               Class B Amount                                             $      73,322.19        $2.443408

 (iii)     Amount of Distribution allocable to the Yield 
             Supplement Amount                                            $     21,795.96
               Class A Amount                                             $     20,706.16
               Class B Amount                                             $      1,089.80
           Amount of Distribution allocable to the (Excess) 
             Shortfall Amount                                             $     22,112.39
               Class A Percentage                                         $     21,006.77
               Class B Percentage                                         $      1,105.62

  (iv)     Monthly Servicing Fee                                          $    250,674.15         $0.417677
               Monthly Supplemental Servicing Fee                         $          0.00         $0.000000
               Class A Percentage of the Servicing Fee                    $    238,140.44         $0.417677
               Class A Percentage of the Supplemental Servicing Fee       $          0.00         $0.000000
               Class B Percentage of the Servicing Fee                    $     12,533.71         $0.417677
               Class B Percentage of the Supplemental Servicing Fee       $          0.00

   (v)     Class A Principal Balance (end of Collection Period)           $271,005,082.83
           Class A Pool Factor (end of Collection Period)                       47.531824%
           Class B Principal Balance (end of Collection Period)           $ 14,263,425.41
           Class B Pool Factor (end of Collection Period)                       47.531824%

  (vi)     Pool Balance (end of Collection Period)                        $285,268,508.24

 (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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