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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
(Date of earliest event reported):
February 24, 2000
NAVISTAR FINANCIAL RETAIL RECEIVABLES CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
(State or other Jurisdiction of Incorporation)
333-62445
(Commission File Number)
51-0337491
(I.R.S. Employer Identification No.)
Navistar Financial Retail Receivables Corporation
2850 W. Golf Road
Rolling Meadows, IL 60008
(Address of principal executive offices, including Zip Code)
Registrant's telephone number, including area code: (847) 734-4000
Former name or former address, if changed since last report: Not applicable
Exhibit Index appears on Page 4
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Item 5. Other Events
On March 9, 2000, the registrant expects that a series of notes, the Series
2000-A Asset Backed Notes, registered under registration statement no. 333-62445
will be issued pursuant to an indenture between The Bank of New York, as
indenture trustee, and Chase Manhattan Bank Delaware, not in its individual
capacity, but solely as owner trustee of the Navistar Financial 2000-A Owner
Trust. This report files the Form T-1 Statement of Eligibility under the Trust
Indenture Act of 1939 of The Bank of New York with respect to the Series 2000-A
Asset Backed Notes of the Navistar Financial 2000-A Owner Trust.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits
Exhibit No. Description
Exhibit 25.1 Form T-1 Statement of Eligibility under the Trust Indenture Act
of 1939 of The Bank of New York with respect to the Series 2000-A
Asset Backed Notes of the Navistar Financial 2000-A Owner Trust
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
NAVISTAR FINANCIAL RETAIL RECEIVABLES
CORPORATION
(Registrant)
Dated: March 8, 2000 By: /s/ R. Wayne Cain
Its: Vice President and Treasurer
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INDEX OF EXHIBITS
Exhibit No Exhibit
Exhibit 25.1 Form T-1 Statement of Eligibility under the Trust Indenture Act of
1939 of The Bank of New York with respect to the Series 2000-A
Asset Backed Notes of the Navistar Financial 2000-A Owner Trust
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FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2) |__|
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THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
New York 13-5160382
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
One Wall Street, New York, N.Y. 10286
(Address of principal executive offices) (Zip code)
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NAVISTAR FINANCIAL RETAIL RECEIVABLES CORPORATION
(Exact name of obligor as specified in its charter)
Delaware 51-0337491
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Navistar Financial Retail Receivables Corporation
c/o Corporation Trust Center
1209 Orange Street
Wilmington, Delaware 19801
(Address of principal executive offices) (Zip code)
_____________
Asset Backed Securities
(Title of the indenture securities)
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1. General information. Furnish the following information as to the Trustee:
(a) Name and address of each examining or supervising authority to which
it is subject.
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Name Address
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Superintendent of Banks of the State of 2 Rector Street, New York,
New York N.Y. 10006, and Albany,
N.Y. 12203
Federal Reserve Bank of New York 33 Liberty Plaza, New York,
N.Y. 10045
Federal Deposit Insurance Corporation Washington, D.C. 20429
New York Clearing House Association New York, New York 10005
(b) Whether it is authorized to exercise corporate trust powers.
Yes.
2. Affiliations with Obligor.
If the obligor is an affiliate of the trustee, describe each such
affiliation.
None.
16. List of Exhibits.
Exhibits identified in parentheses below, on file with the Commission, are
incorporated herein by reference as an exhibit hereto, pursuant to Rule
7a-29 under the Trust Indenture Act of 1939 (the "Act") and
17 C.F.R. 229.10(d).
1. A copy of the Organization Certificate of The Bank of New York
(formerly Irving Trust Company) as now in effect, which contains the
authority to commence business and a grant of powers to exercise
corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1
filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to
Form T-1 filed with Registration Statement No. 33-21672 and Exhibit 1
to Form T-1 filed with Registration Statement No. 33-29637.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1
filed with Registration Statement No. 33-31019.)
6. The consent of the Trustee required by Section 321(b) of the Act.
(Exhibit 6 to Form T-1 filed with Registration Statement No.
33-44051.)
7. A copy of the latest report of condition of the Trustee published
pursuant to law or to the requirements of its supervising or examining
authority.
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SIGNATURE
Pursuant to the requirements of the Act, the Trustee, The Bank of New York,
a corporation organized and existing under the laws of the State of New York,
has duly caused this statement of eligibility to be signed on its behalf by the
undersigned, thereunto duly authorized, all in The City of New York, and State
of New York, on the 8th day of March, 2000.
THE BANK OF NEW YORK
By: /s/ MICHAEL CULHANE
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Name: MICHAEL CULHANE
Title: VICE PRESIDENT
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Consolidated Report of Condition of
THE BANK OF NEW YORK
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business September 30,
1999, published in accordance with a call made by the Federal Reserve Bank of
this District pursuant to the provisions of the Federal Reserve Act.
<TABLE>
<CAPTION>
Dollar Amounts
ASSETS In Thousands
<S> <C>
Cash and balances due from depository
institutions:
Noninterest-bearing balances and currency and
coin $ 6,394,412
Interest-bearing balances 3,966,749
Securities:
Held-to-maturity securities 805,227
Available-for-sale securities 4,152,260
Federal funds sold and Securities purchased
under agreements to resell 1,449,439
Loans and lease financing receivables:
Loans and leases, net of unearned
income...............37,900,739
LESS: Allowance for loan and
lease losses............572,761
LESS: Allocated transfer risk
reserve........................11,754
Loans and leases, net of unearned income,
allowance, and reserve 37,316,224
Trading Assets 1,646,634
Premises and fixed assets (including
capitalized leases) 678,439
Other real estate owned 11,571
Investments in unconsolidated subsidiaries
and associated companies 183,038
Customers' liability to this bank on
acceptances outstanding 349,282
Intangible assets 790,558
Other assets 2,498,658
Total assets $60,242,491
</TABLE>
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<TABLE>
<CAPTION>
<S> <C>
LIABILITIES
Deposits:
In domestic offices $26,030,231
Noninterest-bearing 11,348,986
Interest-bearing 14,681,245
In foreign offices, Edge and Agreement
subsidiaries, and IBFs 18,530,950
Noninterest-bearing 156,624
Interest-bearing 18,374,326
Federal funds purchased and Securities sold
under agreements to repurchase 2,094,678
Demand notes issued to the U.S. Treasury 232,459
Trading liabilities 2,081,462
Other borrowed money:
With remaining maturity of one year or less 863,201
With remaining maturity of more than one year
through three years 449
With remaining maturity of more than three years 31,080
Bank's liability on acceptances executed and
outstanding 351,286
Subordinated notes and debentures 1,308,000
Other liabilities 3,055,031
Total liabilities 54,578,827
EQUITY CAPITAL
Common stock 1,135,284
Surplus 815,314
Undivided profits and capital reserves 3,759,164
Net unrealized holding gains (losses) on
available-for-sale securities (15,440)
Cumulative foreign currency translation
adjustments (30,658)
Total equity capital 5,663,664
Total liabilities and equity capital $60,242,491
</TABLE>
I, Thomas J. Mastro, Senior Vice President and Comptroller of the above-
named bank do hereby declare that this Report of Condition has been prepared in
conformance with the instructions issued by the Board of Governors of the
Federal Reserve System and is true to the
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best of my knowledge and belief.
Thomas J. Mastro
We, the undersigned directors, attest to the correctness of this Report of
Condition and declare that it has been examined by us and to the best of our
knowledge and belief has been prepared in conformance with the instructions
issued by the Board of Governors of the Federal Reserve System and is true and
correct.
Thomas A. Reyni Directors
Alan R. Griffith
Gerald L. Hassell
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