CHASE MANHATTAN BANK /NY/
8-K, 2000-04-27
ASSET-BACKED SECURITIES
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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: April 17, 2000


                      CHASE CREDIT CARD OWNER TRUST 2000-1
 ------------------------------------------------------------------------------
                             (Issuer of Securities)


                 CHASE MANHATTAN BANK, USA, NATIONAL ASSOCIATION
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             (Exact name of registrant as specified in its charter)


       United States                     333-74303                22-2382028
- ----------------------------    ------------------------    --------------------
(State or other jurisdiction    (Commission File Number)     (IRS Employer
of incorporation)                                            Identification No.)


          802 Delaware Avenue, Wilmington, DE                     19801
          ---------------------------------------             -------------
          (Address of principal executive offices)             (Zip Code)

Registrant's telephone number, including area code:  (302) 575-5050

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Item 5. Other Events:

         Chase Credit Card Owner Trust 2000-1 is the issuer of three classes of
asset backed notes. The notes were issued under an indenture, dated as of
September 1, 1999, between the trust and The Bank of New York, as Indenture
Trustee.

         On April 17, 2000, The Chase Manhattan Bank, as Paying Agent,
distributed monthly interest to the holders of the notes, and provided to
holders a report including the information required by Section 7.3 of the
Indenture. A copy of the statement provided to the holders of the notes is being
filed as Exhibit 20.1 to this Current Report on Form 8-K.


Item 7(c).    Exhibits

              Exhibits        Description
              --------        -----------

              20.1            Monthly Statement to Noteholders with respect to
                              the April 17, 2000 distribution.




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                                   SIGNATURES



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


Dated:  April 26, 2000


                                    By: THE CHASE MANHATTAN BANK,
                                    USA, NATIONAL ASSOCIATION
                                    as Administrator


                                    By: /s/ Patricia Garvey
                                    ------------------------
                                    Name:  Patricia Garvey
                                    Title: Vice President



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                                INDEX TO EXHIBITS
                                -----------------

Exhibit No.                     Description
- -----------                     -----------
20.1                            Statement to Noteholders dated 4/17/2000





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                                                                    Exhibit 20.1


                         Chase Manhattan Bank USA, N.A.
                              Noteholders Statement

                      Chase Credit Card Owner Trust 2000-1


Section 7.3 Indenture                 Distribution Date:               4/17/2000
- --------------------------------------------------------------------------------

(I)    Amount of the distribution allocable to principal of the Notes
            Class A Principal Payment                                       0.00
            Class B Principal Payment                                       0.00
            Class C Principal Payment                                       0.00
                      Total

       Amount of the distribution allocable to the principal on the
         Notes per $1,000 of the initial principal balance of the Notes
            Class A Principal Payment                                       0.00
            Class B Principal Payment                                       0.00
            Class C Principal Payment                                       0.00
                      Total

(ii)   Amount of the distribution allocable to the interest on the
         Notes
            Class A Note Interest Requirement                       5,893,489.58
            Class B Note Interest Requirement                         505,499.13
            Class C Note Interest Requirement                         688,944.09
                      Total                                         7,087,932.80

       Amount of the distribution allocable to the interest on the
         Notes per $1,000 of the initial principal balance of the
         Notes
            Class A Note Interest Requirement                            7.85799
            Class B Note Interest Requirement                            8.08799
            Class C Note Interest Requirement                            8.57354

(iii)  Aggregate Outstanding Principal Balance of the Notes
            Class A Note Principal Balance                           750,000,000
            Class B Note Principal Balance                            62,500,000
            Class C Note Principal Balance                            80,357,000

(iv)   Amount on deposit in Owner Trust Spread Account              8,928,570.00

(v)    Required Owner Trust Spread Account Amount                   8,928,570.00

                                    By:
                                       -------------------------
                                       Name:  Patricia M. Garvey
                                       Title: Vice President

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