DVI RECEIVABLES CORP VIII
8-K, 2000-05-02
ASSET-BACKED SECURITIES
Previous: FT371, 497, 2000-05-02
Next: CAREINSITE INC, 425, 2000-05-02



                       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: April 28, 2000
(Date of earliest event reported)



                           DVI Receivables Corp. VIII
             (Exact name of registrant as specified in its charter)


DELAWARE                           333-94523                         25-1824149
- --------                           ---------                         ----------
(State or Other Juris-            (Commission                  (I.R.S. Employer
diction of Incorporation)         File Number)               Identification No.)


                    500 HYDE PARK, DOYLESTOWN, PENNSYLVANIA                18901
                    ---------------------------------------                -----
                    (Address of Principal Executive Office)           (Zip Code)


        Registrant's telephone number, including area code:(215) 345-6600
                                                           --------------








<PAGE>


Item 5.   OTHER EVENTS.
          ------------

          On or about May 8, 2000,  the  Registrant  will cause the issuance and
     sale  of   approximately  $  278,500,000   initial   principal   amount  of
     Asset-Backed Notes,  Series 2000-1,  Class A-1, Class A-2, Class A-3, Class
     A-4, Class B, Class C and Class D (the "Notes")  pursuant to an Amended and
     Restated  Indenture  to  be  dated  as  of  December  1,  1999,  among  DVI
     Receivables   XI,  L.L.C.,   as  Issuer,   and  U.S.  Bank  Trust  National
     Association, as Trustee.

          In  connection  with the sale of the Notes,  the  Registrant  has been
     advised by Prudential  Securities  Incorporated,  Lehman  Brothers Inc. and
     Banc One Capital Markets,  Inc. (the  "Underwriters")  that Lehman Brothers
     Inc. has furnished to prospective  investors certain yield tables and other
     computational materials (the "Computational Materials") with respect to the
     Notes following the effective date of Registration Statement No. 333-94523,
     which Computational  Materials are being filed manually as exhibits to this
     report.

          The  Computational  Materials have been provided by the  Underwriters.
     The  information in the  Computational  Materials is preliminary and may be
     superseded by the  Prospectus  Supplement  relating to the Notes and by any
     other  information  subsequently  filed with the  Securities  and  Exchange
     Commission.

          The  Computational  Materials  consist  of the  first  21  pages  (the
     "Computational  Materials")  that appear after the Form SE cover sheet. THE
     UNDERWRITERS  HAVE ADVISED THE REGISTRANT  THAT CERTAIN  INFORMATION IN THE
     COMPUTATIONAL  MATERIALS MAY HAVE BEEN BASED ON  ASSUMPTIONS  THAT DIFFERED
     FROM THE FINAL POOL INFORMATION.

          In  addition,  the  actual  characteristics  and  performance  of  the
     contracts  underlying  the Notes  (the  "Contracts")  may  differ  from the
     assumptions used in the Computational Materials,  which are hypothetical in
     nature and which were provided to certain  investors only to give a general
     sense of how the yield, average life, duration, expected maturity, interest
     rate  sensitivity and cash flow  characteristics  of a particular  class of
     Notes  might  vary  under  varying  prepayment  and  other  scenarios.  Any
     difference  between such  assumptions  and the actual  characteristics  and
     performance  of the Contracts  will affect the actual yield,  average life,
     duration,  expected  maturity,  interest  rate  sensitivity  and cash  flow
     characteristics of a particular class of Notes.


Item 7.    FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
           ------------------------------------------------------------------

       (a) FINANCIAL STATEMENTS.
           --------------------


           Not applicable.



<PAGE>


                                       -3-


       (b) PRO FORMA FINANCIAL INFORMATION.
           -------------------------------

           Not applicable.

       (c) EXHIBITS
           --------



                      ITEM 601(A) OF
                      REGULATION S-K
EXHIBIT NO.           EXHIBIT NO.               DESCRIPTION
- -----------           -----------               -----------
          1                     99              Computational Materials





<PAGE>



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


                                             DVI RECEIVABLES CORP. VIII

                                             By:    /s/  Lisa J. Cruikshank
                                                ----------------------------
                                             Name:  Lisa J. Cruikshank
                                             Title: Vice President




Dated: April 28, 2000



<PAGE>


                                  EXHIBIT INDEX


               Item 601 (a) of         Sequentially
Exhibit        Regulation S-K          Numbered
Number         Exhibit No.             Description                Page
- ------         -----------             -----------                ----

1                   99             Computational Materials        Filed Manually



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission