<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: May 15, 2000
CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
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(Originator of the Trust referred to herein)
CHASE MANHATTAN AUTO OWNER TRUST 1997-B
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(Issuer)
(Exact name of the registrant as specified in its charter)
United States 333-7575 22-2382028
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
802 Delaware Avenue, Wilmington, Delaware 19801
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(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 is the issuer of five 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 June 1, 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 May 15, 2000, Chase USA, as servicer, distributed monthly interest
to the holders of the notes and certificates. Chase USA furnished a copy of the
statement to certificateholders for each of 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
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20.1 Monthly Statement to Certificateholders with
respect to the May 15, 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: May 24, 2000
By: THE CHASE MANHATTAN BANK, USA, NATIONAL
ASSOCIATION
as Servicer
By: /s/ Patricia Garvey
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Name: Patricia Garvey
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
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Exhibit No. Description
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20.1 Statement to Certificateholders dated 5/15/2000
delivered pursuant to Section 5.8 of the Sale and
Servicing Agreement dated as of June 1, 1997.
<PAGE>
Page 1
Chase Manhattan Auto Owner Trust 1997-B
Statement to Certificateholders
May 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 200,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A2 294,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A3 227,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A4 133,000,000.00 106,630,623.48 12,492,899.39 577,582.54 13,070,481.93 0.00 0.00 94,137,724.09
A5 70,000,000.00 70,000,000.00 0.00 385,000.00 385,000.00 0.00 0.00 70,000,000.00
B1 29,148,275.79 29,148,275.79 0.00 163,959.05 163,959.05 0.00 0.00 29,148,275.79
TOTALS 953,148,275.79 205,778,899.27 12,492,899.39 1,126,541.59 13,619,440.98 0.00 0.00 193,285,999.88
</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 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A1 5.744000 %
A2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A2 6.100000 %
A3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A3 6.350000 %
A4 801.73401113 93.93157436 4.34272586 98.27430023 707.80243677 A4 6.500000 %
A5 1,000.00000000 0.00000000 5.50000000 5.50000000 1,000.00000000 A5 6.600000 %
B1 1,000.00000000 0.00000000 5.62499995 5.62499995 1,000.00000000 B1 6.750000 %
TOTALS 215.89390077 13.10698420 1.18191641 14.28890061 202.78691657
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
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Page 2
Chase Manhattan Auto Owner Trust 1997-B
Statement to Certificateholders
May 15 2000
IF THERE, ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kimberly Costa
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-3247
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Manhattan Auto Owner Trust 1997-B
May 15 2000
STATEMENT TO CERTIFICATEHOLDERS
<TABLE>
<CAPTION>
<S> <C>
Due Period 35
Due Period Beginning Date 04/01/00
Due Period End Date 04/30/00
Determination Date 05/10/00
Section 5.8(iii) Servicing Fee 171,482.42
Section 5.8(iii) Servicing Fee per $1000 0.17991159
Section 5.8(iv) Administration Fee 1,000.00
Section 5.8(iv) Administration Fee per $1000 0.00104915
Section 5.8(vi) Pool Balance at the end of the Collection Period 193,285,999.88
Section 5.8(vii) Repurchase Amounts for Repurchased Receivable
By Seller 0.00
By Servicer 51,947.65
TOTAL 51,947.65
Section 5.8(viii) Realized Net Losses for Collection Period 44,452.13
Section 5.8(ix) Reserve Account Balance after Disbursement 7,148,612.07
Section 5.8(x) Specified Reserve Account Balance 7,148,612.07
Section 5.8(xi) Total Distribution Amount 13,953,710.22
Servicing Fee 171,482.42
Administration Fee 1,000.00
Noteholders Distribution Amount 13,455,481.93
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
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Page 4
Chase Manhattan Auto Owner Trust 1997-B
May 15 2000
<TABLE>
<CAPTION>
<S> <C>
Certficateholders Distribution Amount 163,959.05
Deposit to Reserve Account 161,786.82
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
