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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: February 12, 1997
Capita Preferred Funding L.P.
A Delaware Commission File I.R.S. Employer
Limited Partnership No. 333-11243 No. 22-3467161
44 Whippany Road, Morristown, New Jersey 07962-1983
Telephone Number (201) 397-3000
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Form 8-K February 12, 1997
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
On February 12, 1997, the Audit Committee of the Board of Directors (with
the concurrence of the Board of Directors) of AT&T Capital Corporation (the
"Parent"), which is the general partner of Capita Preferred Funding L.P. (the
"Partnership"), dismissed Coopers & Lybrand L.L.P. as the Parent's and
Partnership's independent public accountants and appointed Arthur Andersen LLP
to serve as the Parent's and Partnership's independent public accountants for
the year 1997. Coopers & Lybrand L.L.P. will continue to serve as the Parent's
and Partnership's independent public accountants for 1996.
Coopers & Lybrand L.L.P.'s report on the Partnership's opening balance
sheet dated October 14, 1996 contained in the Partnership's Registration
Statement under the Securities Act of 1933 (Reg. No. 333-11243) did not contain
an adverse opinion or a disclaimer of opinion and was not qualified or modified
as to uncertainty, audit scope, or accounting principles. During the period from
October 14, 1996 through February 12, 1997, there were no disagreements between
the Partnership and Coopers & Lybrand L.L.P. on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which disagreement(s) would have caused Coopers & Lybrand L.L.P. to
make reference to the subject matter of such disagreements.
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Form 8-K February 12, 1997
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
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<S> <C>
16 Letter on change in certifying accountants-
To the Securities and Exchange Commission from Coopers &
Lybrand L.L.P., dated February 12, 1997.
</TABLE>
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Form 8-K February 12, 1997
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.
CAPITA PREFERRED FUNDING L.P.
by AT&T CAPITAL CORPORATION, as general partner
Edward M. Dwyer
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By: Edward M. Dwyer
Senior Vice President and
Chief Financial Officer
of AT&T Capital Corporation
February 12, 1997
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Form 8-K February 12, 1997
EXHIBIT INDEX
Exhibit No.
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<S> <C>
16 Letter on change in certifying accountants-
To the Securities and Exchange Commission
from Coopers & Lybrand L.L.P., dated February 12, 1997.
</TABLE>
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Form 8-K February 12, 1997
Exhibit 16
February 12, 1997
Securities and Exchange Commission
Mail Stop 9-5
450 5th Street, N.W.
Washington, D.C. 20549
Dear Sirs/Madams:
We have read the statements made by Capita Preferred Funding L.P. and AT&T
Capital Corporation (copy attached), which we understand will be filed with the
Commission on February 19, 1997, pursuant to Item 4 of Form 8-K. We agree with
the statements concerning our Firm in such Form 8-K.
Very truly yours,
Coopers & Lybrand L.L.P.
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Coopers & Lybrand L.L.P.
cc. Mr. Edward M. Dwyer
Senior Vice President and Chief Financial Officer
AT&T Capital Corporation
44 Whippany Road
Morristown, NJ 07962
