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: June 11, 1997
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THE CHASE MANHATTAN BANK
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(Originator of the Trust referred to herein)
(Exact name of registrant as specified in its charter)
CHASE MANHATTAN AUTO OWNER TRUST 1997-A
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(Issuer with respect to Certificates)
NEW YORK 33-99546 13-2633612
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
270 Park Avenue, New York, New York 10017
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(Address of principal executive offices) (Zip code)
(212) 270-6000
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(Registrant's telephone number, including area code)
<PAGE>
Item 5. Other Events
On 4/15/1997 and and 5/15/97 Chase Manhattan Auto Owner Trust 1997-A
(the "Trust") made distributions to Certificateholders contemplated by the
Sale and Servicing Agreement, dated as of February 28, 1997, (the "Sale &
Servicing Agreement"), between the Registrant, as Seller and Servicer, and
the Trust, as Issuer.
Copies of the Certificateholder Reports for such Distribution Dates
delivered pursuant to section 5.8 of the Sale and Servicing Agreement are
being filed as exhibits to this Current Report on Form 8-K.
Item 7 (c). Exhibits
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Exhibit Description
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20.1 Monthly Certificateholder's statement with respect to the
April 15, 1997 distribution.
20.2 Monthly Certificateholder's statement with respect to the
May 15, 1997 distribution.
<PAGE>
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Bank has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
THE CHASE MANHATTAN BANK
/s/ William J. Schiralli
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By: William J. Schiralli
Title: Vice President
Date: June 11, 1997
<PAGE>
INDEX TO EXHIBITS
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Exhibit Description
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20.1 Certificateholder Reports dated
4/15/1997 delivered pursuant to
Section 5.8 of the Sale and
Servicing Agreement dated as of
February 28, 1997.
20.2 Certificateholder Reports dated
5/15/97 delivered pursuaznt to
Section 5/8 of the Sale and
Servicing Agreement dated as of
February 28, 1997.
Exhibit 20.1
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CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1997-A
STATEMENT TO CERTIFICATEHOLDERS
PERIOD 1 PAGE # 1
DETERMINATION: 10-Apr-97 Beginning 3/1/97
DISTRIBUTION: 15-Apr-97 Ending 3/31/97
CLASS A-1 5.545% MONEY MARKET ASSET BACKED NOTES
CLASS A-2 5.95% ASSET BACKED NOTES
CLASS A-3 6.25% ASSET BACKED NOTES
CLASS A-4 6.40% ASSET BACKED NOTES
CLASS A-5 6.50% ASSET BACKED NOTES
CLASS B-1 6.65% ASSET BACKED CERTIFICATES
<TABLE>
<CAPTION>
ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL
CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE
<S> <C> <C> <C> <C> <C> <C>
A-1 Notes $250,000,000.00 $250,000,000.00 $44,145,949.33 $1,039,687.50 $45,185,637.43 $205,854,050.07
A-2 Notes $365,000,000.00 $365,000,000.00 $0.00 $1,568,486.11 $1,568,486.11 $365,000,000.00
A-3 Notes $270,000,000.00 $270,000,000.00 $0.00 $1,218,750.00 $1,218,750.00 $270,000,000.00
A-4 Notes $165,000,000.00 $165,000,000.00 $0.00 $762,666.67 $762,666.67 $165,000,000.00
A-5 Notes $85,500,000.00 $85,500,000.00 $0.00 $401,375.00 $401,375.00 $85,500,000.00
NOTE
TOTALS $1,135,500,000.00 $1,135,500,000.00 $44,145,949.93 $4,990,965.28 $49,136,915.21 $1,091,354,050.07
B-1 $35,153,718.13 $35,153,718.13 $0.00 $168,835.50 $168,835.50 $35,153,718.13
CERTIFICATE
TOTALS $35,153,718.13 $35,153,718.13 $0.00 $168,835.50 $168,835.50 $35,153,718.13
TOTALS $1,170,653,718.13 $1,170,653,718.13 $44,145,949.93 $5,159,800.78 $49,305,750.71 $1,126,507,768.20
FACTOR INFORMATION PER $1,000
PRINCIPAL INTEREST END PRINCIPAL
CLASS DISTRIBUTION DISTRIBUTION BALANCE
<S> <C> <C> <C>
A-1 176.58379972 4.15875000 823.41620028
A-2 0.00000000 4.29722222 1,000.00000000
A-3 0.00000000 4.51388889 1,000.00000000
A-4 0.00000000 4.62222224 1,000.00000000
A-5 0.00000000 4.69444444 1,000.00000000
Notes Totals 38.87798321 4.39538994 961.12201679
B-1 0.00000000 4.80277788 1,000.00000000
Certficate Totals 0.00000000 4.80277788 1,000.00000000
TOTALS 37.71051101 4.40762345 962.28948899
</TABLE>
IF THERE ARE ANY QUESTIONS OR COMMENTS,
PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW
KIM COSTA
THE CHASE MANHATTAN BANK - ASPG
450 WEST 33RD STREET, 10TH FLOOR
NEW YORK, NEW YORK 10001
(212) 946-3247
@ CHASE MANHATTAN BANKING CORPORATION
<PAGE>
SERIES 1997-A
STATEMENT TO CERTIFICATEHOLDERS
PERIOD 1 PAGE # 2
DETERMINATION: 10-Apr-97 Beginning 3/1/97
DISTRIBUTION: 15-Apr-97 Ending 3/31/97
per $1000
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Section 5.8 (iii) Servicing Fee $975,544.77 .8333333333
Section 5.8 (iv) Administration Fee $1,000.00 .0008542236
Section 5.8 (vi) Pool Balance at the end of
the Collection Period $1,126,507,768.20
Section 5.8 (vii) Repurchase Amounts for
Repurchased Receivables
By Seller $0.00
By Servicer $78,312.44
TOTAL $78,312.44
Section 5.8 (viii) Realized Losses for Collection
Period $0.00
Section 5.8 (ix) Reserve Account Balance
after Disbursement $20,803,645.44
Section 5.8 (x) Specified Reserve Account
Balance $33,795,233.05
Section 5.8 (xi) Total Distribution Amount $53,494,938.58
Servicing Fee $975,544.77
Administrative Fee $1,000.00
Noteholders' Distribution
Amount $49,136,915.21
Certifcateholders'
Distribution Amount $168,835.50
Deposit to Reserve
Account $3,212,643.10
<TABLE>
<CAPTION>
Section 5.8 (xii) Noteholders' Distributable Amount
Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig)
<S> <C> <C> <C> <C> <C> <C>
A-1 $44,145,949.93 $1,039,687.50 $45,185,637.43 176.58379972 4.15875000 180.74254972
A-2 $0.00 $1,568,486.11 $1,568,486.11 .00000000 4.29722222 4.29722222
A-3 $0.00 $1,218,750.00 $1,218,750.00 .00000000 4.51388889 4.51388889
A-4 $0.00 $762,666.67 $762,666.67 .00000000 4.62222224 4.62222222
A-5 $0.00 $401,375.00 $401,375.00 .00000000 4.69444444 4.69444444
Total $44,145,949.93 $4,990,965.28 $49,136,915.21 38.87798321 4.39538994 43.27337315
Section 5.8 (xiii) Certificateholders' Distributable Amount
Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig)
<S> <C> <C> <C> <C> <C> <C>
B-1 $0.00 $168,835.50 $168,835.50 0.00000000 4.80277788 4.80277788
Total $0.00 $168,835.50 $168,835.50 0.00000000 4.80277788 4.80277788
</TABLE>
Section 5.8 (xiv) Reserve Fund Transfer Amount $0.00
Exhibit 20.2
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CHASE MANHATTAN AUTO OWNER TRUST
SERIES 1997-A
STATEMENT TO CERTIFICATEHOLDERS
PERIOD 2 PAGE # 1
DETERMINATION: 9-May-97 Beginning 4/1/97
DISTRIBUTION: 15-May-97 Ending 4/30/97
CLASS A-1 5.545% MONEY MARKET ASSET BACKED NOTES
CLASS A-2 5.95% ASSET BACKED NOTES
CLASS A-3 6.25% ASSET BACKED NOTES
CLASS A-4 6.40% ASSET BACKED NOTES
CLASS A-5 6.50% ASSET BACKED NOTES
CLASS B-1 6.65% ASSET BACKED CERTIFICATES
<TABLE>
<CAPTION>
ORIG PRINCIPAL BEG PRINCIPAL PRINCIPAL INTEREST TOTAL END PRINCIPAL
CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE
<S> <C> <C> <C> <C> <C> <C>
A-1 Notes $250,000,000.00 $205,854,050.07 $36,116,221.59 $951,217.26 $37,067,438.85 $169,737,828.48
A-2 Notes $365,000,000.00 $365,000,000.00 $0.00 $1,809,791.67 $1,809,791.67 $365,000,000.00
A-3 Notes $270,000,000.00 $270,000,000.00 $0.00 $1,406,250.00 $1,406,250.00 $270,000,000.00
A-4 Notes $165,000,000.00 $165,000,000.00 $0.00 $880,000.00 $880,000.00 $165,000,000.00
A-5 Notes $85,500,000.00 $85,500,000.00 $0.00 $463,125.00 $463,125.00 $85,500,000.00
NOTE
TOTALS $1,135,500,000.00 $1,091,354,050.07 $36,116,221.59 $5,510,383.93 $41,626,605.52 $1,055,237,828.48
B-1 $35,153,718.13 $35,153,718.13 $0.00 $194,810.19 $194,810.19 $35,153,718.13
CERTIFICATE
TOTALS $35,153,718.13 $35,153,718.13 $0.00 $194,810.19 $194,810.19 $35,153,718.13
TOTALS $1,170,653,718.13 $1,126,507,768.20 $36,116,221.59 $5,705,194.12 $41,821,415.71 $1,090,391,546.61
FACTOR INFORMATION PER $1,000
PRINCIPAL INTEREST END PRINCIPAL
CLASS DISTRIBUTION DISTRIBUTION BALANCE
<S> <C> <C> <C>
A-1 144.46488636 3.80486904 678.95131392
A-2 0.00000000 4.95833334 1,000.00000000
A-3 0.00000000 5.20833333 1,000.00000000
A-4 0.00000000 5.33333333 1,000.00000000
A-5 0.00000000 5.41666667 1,000.00000000
Notes Totals 31.80644790 4.85282601 929.31556889
B-1 0.00000000 5.54166672 1,000.00000000
Certficate Totals 0.00000000 5.54166672 1,000.00000000
TOTALS 30.85132779 4.87351130 931.43816119
</TABLE>
IF THERE ARE ANY QUESTIONS OR COMMENTS,
PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW
KIM COSTA
THE CHASE MANHATTAN BANK - ASPG
450 WEST 33RD STREET, 10TH FLOOR
NEW YORK, NEW YORK 10001
(212) 946-3247
@ CHASE MANHATTAN BANKING CORPORATION
<PAGE>
SERIES 1997-A
STATEMENT TO CERTIFICATEHOLDERS
PERIOD 2 PAGE # 2
DETERMINATION: 9-May-97 Beginning 4/1/97
DISTRIBUTION: 15-May-97 Ending 4/30/97
per $1000
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Section 5.8 (iii) Servicing Fee $938,756.47 .8019079075
Section 5.8 (iv) Administration Fee $1,000.00 .0008542236
Section 5.8 (vi) Pool Balance at the end of
the Collection Period $1,090,391,546.61
Section 5.8 (vii) Repurchase Amounts for
Repurchased Receivables
By Seller $0.00
By Servicer 0.00
TOTAL 0.00
Section 5.8 (viii) Realized Losses for Collection
Period $11,605.68
Section 5.8 (ix) Reserve Account Balance
after Disbursement $22,706,336.02
Section 5.8 (x) Specified Reserve Account
Balance $32,711,746.40
Section 5.8 (xi) Total Distribution Amount $44,579,447.10
Servicing Fee $938,756.47
Administrative Fee $1,000.00
Noteholders' Distribution
Amount $41,626,605.52
Certifcateholders'
Distribution Amount $194,810.19
Deposit to Reserve
Account $1,818,274.92
<TABLE>
<CAPTION>
Section 5.8 (xii) Noteholders' Distributable Amount
Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig)
<S> <C> <C> <C> <C> <C> <C>
A-1 $36,116,221.59 $951,217.26 $37,067,438.85 144.46488636 3.80486904 148.26975540
A-2 $0.00 $1,809,791.67 $1,809,791.67 .00000000 4.95833334 4.95833334
A-3 $0.00 $1,406,250.00 $1,406,250.00 .00000000 5.20833333 5.20833333
A-4 $0.00 $880,000.00 $880,000.00 .00000000 5.33333333 5.33333333
A-5 $0.00 $463,125.00 $463,125.00 .00000000 5.41666667 5.41666667
Total $36,116,221.59 $5,510,383.93 $41,626,605.52 31.80644790 4.85282601 36.65927391
Section 5.8 (xiii) Certificateholders' Distributable Amount
Class Principal Interest Total Prin (per $1000/orig) Int (per $1000/orig) Total (per $1000/orig)
<S> <C> <C> <C> <C> <C> <C>
B-1 $0.00 $194,810.19 $194,810.19 0.00000000 5.54166672 5.54166672
Total $0.00 $194,810.19 $194,810.19 0.00000000 5.54166672 5.54166672
</TABLE>
Section 5.8 (xiv) Fund Transfer Amount $1,818,274.92
