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): January 7, 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
--------------
<PAGE>
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 12, 1999 relating to
the financial statements and schedules of General Electric Capital Corporation
("GE Capital") and consolidated affiliates as of December 31, 1998 and 1997 and
for each of the years in the three-year period ended December 31, 1998,
appearing in GE Capital's Annual Report on Form 10-K for the year ended December
31, 1998; and (ii) the reference to them under Experts in the Preliminary
Prospectus Supplement dated January 7, 2000 relating to the Liquidity Facility
of FGIC Securities Purchase, Inc. in support of $25,000,000 aggregate principal
amount of County of Lancaster, Pennsylvania, General Obligation Bonds, Series of
2000.
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:
(d) Consent of KPMG Peat Marwick LLP
<PAGE>
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.
------------------------------
(Registrant)
By:
-----------------------------------
Name: Steve Natko
Title: Vice President
Dated: January 12, 2000
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FGIC SECURITIES PURCHASE, INC.
EXHIBITS TO CURRENT REPORT ON
FORM 8-K DATED JANUARY 7, 2000
Commission File Number 0-19564
<PAGE>
Exhibit Index
Exhibit No. Description Page
- ----------- ----------- ----
(23) Consents of experts and counsel: 6
(d) Consent of KPMG LLP
Exhibit (23)(d)
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 $25,000,000
principal amount plus interest Liquidity Facility in support of County of
Lancaster, Pennsylvania, General Obligation Bonds, Series of 2000 (the
"Preliminary Prospectus Supplement") of our report dated February 12, 1999
relating to the statement of financial position of General Electric Capital
Corporation and consolidated affiliates as of December 31, 1998 and 1997, 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, 1998,
and the related schedule, which report appears in the December 31, 1998 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.
/s/ KPMG LLP
-------------
KPMG LLP
Stamford, Connecticut
January 12, 2000
