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 (Date of earliest event reported): May 17, 2000
FGIC SECURITIES PURCHASE, INC.
(Exact name of Registrant as specified in its charter)
Delaware 0-19564 13-3633082
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
115 Broadway, New York, New York 10006
(Address of principal executive officers) (Zip Code)
Registrant's telephone number, including area code: (212) 312-3000
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Item 5. Other Events
An exhibit is filed herewith in connection with the Registration
Statement on Form S-3 (File No. 333-43729) filed by FGIC Securities Purchase,
Inc. ("FGIC-SPI") with the Securities and Exchange Commission covering
Liquidity Facility Obligations in the principal amount of $1,000,000,000 plus
interest.
The exhibit consists of the consent of KPMG LLP relating to (i) the
incorporation by reference of their report dated February 4, 1999 relating to
the financial statements and schedules of General Electric Capital Corporation
("GE Capital") and consolidated affiliates as of December 31, 1999 and 1998
and for each of the years in the three-year period ended December 31, 1999,
appearing in GE Capital's Annual Report on Form 10-K for the year ended
December 31, 1999; and (ii) the reference to them under Experts in the
Preliminary Prospectus Supplement relating to the Liquidity Facility of FGIC
Securities Purchase, Inc. in support of (i) $75,000,000 principal amount plus
interest Liquidity Facility in support of City of Fresno, California Sewer
System Subordinate Lien, Variable Rate Revenue Refunding Bonds, 2000 Series A.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
EXHIBITS
Item 601 of
Regulation S-K
Exhibit Reference
Number
(23) Consents of experts and counsel:
(i) Consent of KPMG LLP
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereto duly authorized.
FGIC SECURITIES PURCHASE, INC.
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(Registrant)
By: Carolanne Gardner
------------------
Name: Carolanne Gardner
Dated: May 17, 2000
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FGIC SECURITIES PURCHASE, INC.
EXHIBITS TO CURRENT REPORT ON
FORM 8-K DATED May 17, 2000
Commission File Number 0-19564
<PAGE>
Exhibit Index
Exhibit No. Description Page
(23) Consents of experts and counsel: 6
(i) Consent of KPMG LLP
<PAGE>
Exhibit (23)(i)
To the Board of Directors
General Electric Capital Corporation
We consent to incorporation by reference in the Preliminary
Prospectus Supplement for FGIC Securities Purchase, Inc. relating to the
$75,000,000 principal amount plus interest Liquidity Facility in support of
City of Fresno, California Sewer System Subordinate Lien, Variable Rate
Revenue Refunding Bonds, 2000 Series A (the "Preliminary Prospectus
Supplement") of our report dated February 4, 2000 relating to the statement of
financial position of General Electric Capital Corporation and consolidated
affiliates as of December 31, 1999 and 1998, and the related statements of
earnings, changes in share owners' equity and cash flows for each of the years
in the three-year period ended December 31, 1999, and the related schedule,
which report appears in the December 31, 1999 annual report on Form 10-K of
General Electric Capital Corporation.
We also consent to the reference to our firm under the heading
"Experts" in the Preliminary Prospectus Supplement.
Stamford, Connecticut
May 17, 2000
