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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: November 21, 2000
(Date of earliest event reported)
FIRST HORIZON ASSET SECURITIES INC.
(Exact name of Registrant as specified in its charter)
Delaware 333-74467 75-2808384
(State of Incorporation) (Commission File No.) (I.R.S. Employer
Identification No.)
4000 Horizon Way
Irving, Texas 75063
(Address of Principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (214) 441-4000
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Item 5. Other Events.
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Reference is hereby made to the Registrant's Registration Statement on Form
S-3 (File No. 333-74467) filed with the Securities and Exchange Commission (the
"Commission") on March 16, 1999, as amended by Amendment No. 1 thereto filed
with the Commission on May 21, 1999, as further amended by Amendment No. 2
thereto filed with the Commission on July 16, 1999, as further amended by
Amendment No. 3 thereto filed with the Commission on December 20, 1999, and as
further amended by Amendment No. 4 thereto filed with the Commission on January
21, 2000 (as so amended, the "Registration Statement"), pursuant to which the
Registrant registered $1,500,000,000 aggregate principal amount of its mortgage
pass-through certificates, issuable in various series, for sale in accordance
with the provisions of the Securities Act of 1933, as amended. Reference is also
hereby made to the Prospectus, the related Prospectus Supplement and the related
Supplement to the Prospectus Supplement (collectively, the "Prospectus"), which
have been filed with the Commission pursuant to Rule 424, with respect to the
Registrant's Mortgage Pass-Through Certificates, Series 2000-5 (the "Offered
Securities").
On November 30, 2000, the Registrant caused the issuance and sale of the
Offered Securities. The Offered Securities evidence a beneficial ownership
interest in a pool of conventional, fixed and adjustable rate, one-to four-
family residential, first lien mortgage loans (the "Mortgage Loans"). The
Offered Securities were created pursuant to a Pooling and Servicing Agreement
dated as of November 1, 2000 (the "Pooling and Servicing Agreement") by and
among the Registrant, as Depositor, First Horizon Home Loan Corporation, as
Seller and Master Servicer, and The Bank of New York, as Trustee. A copy of
the Pooling and Servicing Agreement is filed herewith as Exhibit 10.1.
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The Offered Securities, having an aggregate principal balance of
approximately $181,719,100, have been sold by the Registrant to Banc of America
Securities LLC ("Banc of America") pursuant to an Underwriting Agreement dated
as of November 21, 2000 (the "Underwriting Agreement"), as supplemented by a
Terms Agreement dated as of November 21, 2000, each among Banc of America and
the Registrant. A copy of the Underwriting Agreement is filed herewith as
Exhibit 1.1.
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Item 7. Financial Statements and Exhibits.
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(c) Exhibits
Exhibit No. Description
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1.1 Underwriting Agreement dated as of November 21, 2000,
by and between the Registrant and First Tennessee
10.1 Pooling and Servicing Agreement dated as of November 1,
2000 by and among the Registrant, as Depositor, First
Horizon Home Loan Corporation, as Seller and Master
Servicer, and The Bank of New York, as Trustee
-2-
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Signatures
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant as of the date first written above has duly caused this Report to be
signed on its behalf by the undersigned hereunto duly authorized.
FIRST HORIZON ASSET SECURITIES INC.
By: /s/ Wade Walker
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Wade Walker
Senior Vice President - Asset Securitization
Dated November 30, 2000
Signature Page for FORM 8-K (Issuance of Certificates)
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INDEX TO EXHIBITS
Exhibit No.
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1.1 Underwriting Agreement dated as of November 21, 2000, by and
among the Registrant and First Tennessee Bank
10.1 Pooling and Servicing Agreement dated as of November 1, 2000, by
and among the Registrant, as Depositor, First Horizon Home Loan
Corporation, as Seller and Master Servicer, and The Bank of New
York, as Trustee
