<PAGE>
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
Date of Report (Date of earliest event reported)
November 1, 2000
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2000-1
(Exact name of registrant as specified in its charter)
UNITED STATES 333-47278 88-0359494
(State or Other Jurisdiction of (Commission (I.R.S. Employer
Incorporation) File Number) Identification No.)
c/o AmeriCredit Financial Services, Inc. 76102
Attention: Chris A. Choate (Zip Code)
801 Cherry Street, Suite 3900
Fort Worth, Texas
(Address of Principal Executive
Offices)
Registrant's telephone number including area code - (817) 302-7000
(Former name or former address, if changed since last report)
<PAGE>
Item 2. ACQUISITION OR DISPOSITION OF ASSETS.
Description of the Securities and the Auto Loans
AmeriCredit Financial Services, Inc., as Sponsor, has registered an
issuance of $443,250,000 in principal amount of Securities (the "Securities") on
Form S-3. Pursuant to the Registration Statement, AmeriCredit Automobile
Receivables Trust 2000-1 (the "Trust") issued $80,000,000 Class A-1 6.757%
Automobile Receivables Backed Notes, $174,000,000 Class A-2 6.700% Automobile
Receivables Backed Notes, $119,250,000 Class A-3 6.740% Automobile Receivables
Backed Notes, $45,000,000 Class B 7.160% Automobile Receivables Backed Notes and
$25,000,000 Class C 7.440% Automobile Receivables Backed Notes, (collectively,
the "Notes") on November 16, 2000. This Current Report on Form 8-K is being
filed to satisfy an undertaking to file copies of certain agreements executed in
connection with the issuance of the Notes, the forms of which were filed as
Exhibits to the Registration Statement.
The Notes were issued pursuant to an Indenture attached hereto as
EXHIBIT 4.1, dated as of November 2, 2000, between the Trust and The Chase
Manhattan Bank, as Trustee and Trust Collateral Agent (the "Trustee" and the
"Trust Collateral Agent").
The Notes will evidence indebtedness of the Trust, the assets of
which consist primarily of retail installment sales contracts (the
"Receivables") secured by new and used automobiles, light duty trucks and vans
financed thereby.
As of the Closing Date, the Receivables had the characteristics
described in the Prospectus Supplement dated November 1, 2000 (the "Prospectus
Supplement") filed with the Commission pursuant to Rule 424(b)(5) of the Act.
<PAGE>
Item 7. Financial Statements, Pro Forma Financial
INFORMATION AND EXHIBITS.
(a) Not applicable
(b) Not applicable
(c) Exhibits:
1.1 Underwriting Agreement, dated as of November 1, 2000, among
AmeriCredit Financial Services, Inc., as Sponsor, AFS SenSub Corp., as Seller
(the "Seller"), and Deutsche Bank Securities Inc., as Representative of the
Underwriters (the "Representative").
4.1 Indenture, dated as of November 2, 2000, between AmeriCredit
Automobile Receivables Trust 2000-1 (the "Trust") and The Chase Manhattan Bank,
as Trustee and Trust Collateral Agent.
4.2 Amended and Restated Trust Agreement, dated as of November 2,
2000, between the Seller and Bankers Trust (Delaware), as Owner Trustee.
4.3 Sale and Servicing Agreement, dated as of November 2, 2000,
among the Trust, AmeriCredit Financial Services, Inc., as Servicer, the Seller,
and The Chase Manhattan Bank, as Backup Servicer and Trust Collateral Agent.
10.1 Purchase Agreement, dated as of November 2, 2000, among
AmeriCredit Financial Services Inc., as Seller, and AFS SenSub Corp., as
Purchaser.
23.1 Consent of PricewaterhouseCoopers LLP ("PWC") regarding
financial statement of the Trust and their report.
23.2 Report of PWC regarding financial statement the Trust.
99.1 Statistical information for the receivables as of the Cutoff
Date.
<PAGE>
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.
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST
2000-1
By: AmeriCredit Financial Services, Inc., as Sponsor
By: /s/ Preston Miller
--------------------------------------------
Name: Preston Miller
Title: Senior Vice President and Treasurer
Dated: December 1, 2000
<PAGE>
EXHIBIT INDEX
Exhibit No. Description
1.1 Underwriting Agreement, dated as of November 1, 2000, among
AmeriCredit Financial Services, Inc., as Sponsor, AFS SenSub
Corp., as Seller (the "Seller"), and Deutsche Bank
Securities Inc., as Representative of the Underwriters (the
"Representative").
4.1 Indenture, dated as of November 2, 2000, between AmeriCredit
Automobile Receivables Trust 2000-1 (the "Trust") and The
Chase Manhattan Bank, as Trustee and Trust Collateral Agent.
4.2 Amended and Restated Trust Agreement, dated as of
November 2, 2000, between the Seller and Bankers Trust
(Delaware), as Owner Trustee.
4.3 Sale and Servicing Agreement, dated as of November 2, 2000,
among the Trust, AmeriCredit Financial Services, Inc., as
Servicer, the Seller, and The Chase Manhattan Bank, as
Backup Servicer and Trust Collateral Agent.
10.1 Purchase Agreement, dated as of November 2, 2000, among
AmeriCredit Financial Services Inc., as Seller, and AFS
SenSub Corp., as Purchaser.
23.1 Consent of PricewaterhouseCoopers LLP ("PWC")
regarding financial statement of the Trust and their
report.
23.2 Report of PWC regarding financial statement the Trust.
99.1 Statistical information for the receivables as of the
Initial Cutoff Date.
