CHASE MANHATTAN BANK USA
8-K, 2000-02-23
ASSET-BACKED SECURITIES
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<PAGE>


                       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: February 15, 2000

                 CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
            --------------------------------------------------------
                  (Originator of the Trust referred to herein)
           (Exact name of the registrant as specified in its charter)

                     CHASE MANHATTAN AUTO OWNER TRUST 1997-A
                     ---------------------------------------
                                    (Issuer)

       United States                    333-7575                  22-2382028
- ----------------------------    ------------------------     -------------------
(State or other jurisdiction    (Commission File Number)     (IRS Employer
of incorporation)                                            Identification No.)

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

Registrant's telephone number, including area code:  (302) 575-5033

<PAGE>

Item 5. Other Events:

            Chase Manhattan Auto Owner Trust 1997-A is the issuer of 5 classes
of Asset Backed Notes and a single class of Asset Backed Certificates. The notes
and certificates are serviced in accordance with the Sale and Servicing
Agreement, dated as of February 28, 1997, as amended. The parties to the Sale
and Servicing Agreement are: Chase Manhattan Bank USA, National Association, as
seller and as servicer, and Chase Manhattan Owner Trust, as issuer.

      On February 15, 2000, Chase USA, as servicer, distributed monthly interest
to the holders of the notes and certificates. Chase USA furnished a copy of the
monthly statement to certificateholders for the series as required by the Sale
and Servicing Agreement. A copy of the monthly statement to certificateholders
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 Certificateholders with
                             respect to the February 15, 2000 distribution.
<PAGE>

                                   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:  February 23, 2000


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


                                    By: /s/ Patricia Garvey
                                    ------------------------------
                                    Name:  Patricia Garvey
                                    Title: Vice President
<PAGE>

                                      INDEX TO EXHIBITS

Exhibit No.                           Description
- -----------                           -----------
20.1                                  Statement to Certificateholders dated
                                      2/15/2000 delivered pursuant to Section
                                      5.8 of the Sale and Servicing Agreement
                                      dated as of February 28, 1997.



<PAGE>
                                                                          Page 1


Chase Manhattan Auto Owner Trust 1997-A

                                      Statement to Certificateholders
                                      February 15 2000

<TABLE>
<CAPTION>
        DISTRIBUTION IN DOLLARS

                  ORIGINAL          PRIOR                                                                              CURRENT
                    FACE          PRINCIPAL                                                     REALIZED   DEFERRED    PRINCIPAL
 CLASS             VALUE           BALANCE        PRINCIPAL       INTEREST        TOTAL           LOSES    INTEREST     BALANCE
<S>          <C>                <C>             <C>             <C>           <C>                  <C>        <C>    <C>
A1             250,000,000.00             0.00           0.00           0.00           0.00        0.00       0.00             0.00
A2             365,000,000.00             0.00           0.00           0.00           0.00        0.00       0.00             0.00
A3             270,000,000.00             0.00           0.00           0.00           0.00        0.00       0.00             0.00
A4             165,000,000.00   128,588,683.64  16,214,087.83     685,806.31  16,899,894.14        0.00       0.00   112,374,595.81
A5              85,500,000.00    85,500,000.00           0.00     463,125.00     463,125.00        0.00       0.00    85,500,000.00
B1              35,153,718.13    35,153,718.13           0.00     194,810.19     194,810.19        0.00       0.00    35,153,718.13
TOTALS       1,170,653,718.13   249,242,401.77  16,214,087.830  1,343,741.50  17,557,829.33        0.00       0.00   233,028,313.94
</TABLE>

<TABLE>
<CAPTION>
    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                       PASS-THROUGH RATES

                PRIOR                                                             CURRENT                                CURRENT
               PRINCIPAL                                                         PRINCIPAL           CLASS              PASS THRU
 CLASS          FACTOR            PRINCIPAL       INTEREST         TOTAL          FACTOR                                  RATE
<S>          <C>                 <C>             <C>           <C>            <C>                     <C>               <C>
A1                .00000000        .00000000      .00000000       .00000000        .00000000          A1                5.545000 %
A2                .00000000        .00000000      .00000000       .00000000        .00000000          A2                5.950000 %
A3                .00000000        .00000000      .00000000       .00000000        .00000000          A3                6.250000 %
A4             779.32535539      98.26719897     4.15640188    102.42360085     681.05815642          A4                6.400000 %
A5           1,000.00000000        .00000000     5.41666667      5.41666667   1,000.00000000          A5                6.500000 %
B1           1,000.00000000        .00000000     5.54166672      5.54166672   1,000.00000000          B1                6.650000 %
TOTALS         212.90873459      13.85045601     1.14785566     14.99831168     199.05827858
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
                                                                          Page 2


Chase Manhattan Auto Owner Trust 1997-A

                                        Statement to Certificateholders
                                        February 15 2000



IF THERE, ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Mark  McDermott
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7016
Email: [email protected]

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
                                                                          Page 3


Chase Manhattan Auto Owner Trust 1997-A

                                February 15 2000
                         STATEMENT TO CERTIFICATEHOLDERS

                                 Due Period                                   35
                                 Due Period Beginning Date              01/01/00
                                 Due Period End Date                    01/31/00
                                 Determination Date                     02/10/00

<TABLE>
<S>                                                                                                                   <C>
Section 5.8(iii)   Servicing Fee                                                                                          207,702.00
SectFion 5.8(iii)  Servicing Fee per $1000                                                                                0.17742395

Section 5.8(iv)    Administration Fee                                                                                       1,000.00
Section 5.8(iv)    Administration Fee per $1000                                                                           0.00085422

Section 5.8(vi)    Pool Balance at the end of the Collection Period                                                   233,028,313.94

Section 5.8(vii)   Repurchase Amounts for Repurchased Receivable
                   By Seller                                                                                                    0.00
                   By Servicer                                                                                            134,080.08
                   TOTAL                                                                                                  134,080.08

Section 5.8(viii)  Realized Net Losses for Collection Period                                                              168,170.78

Section 5.8(ix)    Reserve Account Balance after Disbursement                                                           8,779,902.89

Section 5.8(x)     Specified Reserve Account Balance                                                                    8,779,902.89

Section 5.8(xi)    Total Distribution Amount                                                                           18,056,661.09
                   Servicing Fee                                                                                          207,702.00
                   Administration Fee                                                                                       1,000.00
                   Noteholders Distribution Amount                                                                     17,363,019.14
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
                                                                          Page 4


Chase Manhattan Auto Owner Trust 1997-A

                                February 15 2000

<TABLE>
<S>                                                                                                                       <C>
                   Certficateholders Distribution Amount                                                                  194,810.19
                   Deposit to Reserve Account                                                                             290,129.76
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


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