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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: 22 July 1999
(Date of earliest event reported)
JOHN DEERE OWNER TRUST 1999-A
(Issuer of the Notes and the Certificates)
JOHN DEERE RECEIVABLES, INC.
(Originator of the Trust described herein)
(Exact name of registrant as specified in charter)
DELAWARE
(State or other jurisdiction of incorporation)
33-99294
(Commission File Number)
(36-3837230)
(IRS Employer Identification No.)
c/o John Deere Capital Corporation
Suite 600 First Interstate Bank Building
1 East First Street
Reno, Nevada 89501
(Address of principal executive offices and zip code)
(702) 786-5527
(Registrant's telephone number, including area code)
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<PAGE>
Item 5. Other Events.
The statements attached as exhibits hereto are filed in
accordance with letters submitted to the Division of
Corporation Finance of the Securities and Exchange Commission
on behalf of similar Trusts by the Servicer and Depositor of
the Trust.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99.1 Statement to Certificateholder
99.2 Statement to Noteholders
99.3 Servicer's Certificate
Page 2
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SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
JOHN DEERE OWNER TRUST 1999-A
JOHN DEERE RECEIVABLES, INC.
By: John Deere Capital Corporation
(Servicer)
By: /s/ James R. Jabanoski
----------------------------
James R. Jabanoski, Treasurer
Dated: 22 July 1999
Page 3
<PAGE>
EXHIBIT INDEX
Exhibit No.
99.1 Statement to Certificateholder
99.2 Statement to Noteholders
99.3 Servicer's Certificate
Page 4
EXHIBIT 99.1
JOHN DEERE OWNER TRUST 1999-A
STATEMENT TO CERTIFICATEHOLDER
$167,300,000 Class A-1 4.9988% Asset Backed Notes
due June 19, 2000
$262,000,000 Class A-2 5.4660% Asset Backed Notes
due August 15, 2001
$186,000,000 Class A-3 5.9400% Asset Backed Notes
due October 15, 2002
$146,125,000 Class A-4 6.1200% Asset Backed Notes
due October 17, 2005
$32,230,000 6.100% Class B Asset Backed Notes
due October 17, 2005
$12,086,832 Asset Backed Certificates
Payment Date: 15-Jul-99
(1) Amount of principal being paid or distributed:
(a) A-1 Notes: $22,243,444.69
per $1,000 original principal amount: $132.96
(b) A-2 Notes: $0.00
per $1,000 original principal amount: $0.00
(c) A-3 Notes: $0.00
per $1,000 original principal amount: $0.00
(d) A-4 Notes: $0.00
per $1,000 original principal amount: $0.00
(e) B Notes: $941,521.47
per $1,000 original principal amount: $29.21
(f) Certificates: $353,070.55
per $1,000 original principal amount: $29.21
(g) Total: $23,538,036.71
(2) Amount of interest being paid or distributed:
(a) A-1 Notes: $620,319.29
per $1,000 original principal amount: $3.71
(b) A-2 Notes: $1,193,410.00
per $1,000 original principal amount: $4.56
(c) A-3 Notes: $920,700.00
per $1,000 original principal amount: $4.95
(d) A-4 Notes: $745,237.50
per $1,000 original principal amount: $5.10
(e) B Notes: $159,877.53
per $1,000 original principal amount: $4.96
(f) Certificates: $0.00
per $1,000 original principal amount: $0.00
(g) Total: $3,639,544.32
(3) After giving effect to distributions on this Payment
Date:
(a) (i) outstanding principal amount of A-1 Notes:
$126,668,922.74
(ii) A-1 Note Pool Factor: 0.7571364
(b) (i) outstanding principal amount of A-2 Notes:
$262,000,000.00
(ii) A-2 Note Pool Factor: 1.0000000
(c) (i) outstanding principal amount of A-3 Notes:
$186,000,000.00
(ii) A-3 Note Pool Factor: 1.0000000
(d) (i) outstanding principal amount of A-4 Notes:
$146,125,000.00
(ii) A-4 Note Pool Factor: 1.0000000
<PAGE>
(e) (i) outstanding principal amount of B Notes:
$30,509,795.71
(ii) B Note Pool Factor: 0.9466272
(f) (i) Certificate Balance: $11,441,173.39
(ii) Certificate Pool Factor: 0.9465817
(4) Note Value at end of related Collection Period:
$762,744,892.66
(5) Pool Balance (excluding accrued interest) at the
end of the related Collection Period: $754,690,436.74
(6) Amount of Servicing Fee: $649,474.89
per $1,000 original principal amount: 0.8060583
(7) Amount of Administration Fee: $100.00
(8) Aggregate Purchase Amounts for Collection Period: $0.00
(9) Amount in Reserve Account: $15,254,897.85
Specified Reserve Account Balance: $15,254,897.85
(10) Aggregate amount of Realized Losses for the
Collection Period: $1,347.57
(11) Amount of Payments that are more than 60 days
past due: $ 375,805.00
EXHIBIT 99.2
JOHN DEERE OWNER TRUST 1999-A
STATEMENT TO NOTEHOLDERS
$167,300,000 Class A-1 4.9988% Asset Backed Notes
due June 19, 2000
$262,000,000 Class A-2 5.4660% Asset Backed Notes
due August 15, 2001
$186,000,000 Class A-3 5.9400% Asset Backed Notes
due October 15, 2002
$146,125,000 Class A-4 6.1200% Asset Backed Notes
due October 17, 2005
$32,230,000 6.100% Class B Asset Backed Notes
due October 17, 2005
$12,086,832 Asset Backed Certificates
Payment Date: 15-Jul-99
(1) Amount of principal being paid on the Notes:
(a) A-1 Notes: $22,243,444.69
per $1,000 original principal amount: $132.96
(b) A-2 Notes: $0.00
per $1,000 original principal amount: $0.00
(c) A-3 Notes: $0.00
per $1,000 original principal amount: $0.00
(d) A-4 Notes: $0.00
per $1,000 original principal amount: $0.00
(e) B Notes: $941,521.47
per $1,000 original principal amount: $29.21
(f) Total: $23,184,966.16
(2) Interest on the Notes
(a) A-1 Notes: $620,319.29
per $1,000 original principal amount: $3.71
(b) A-2 Notes: $1,193,410.00
per $1,000 original principal amount: $4.56
(c) A-3 Notes: $920,700.00
per $1,000 original principal amount: $4.95
(d) A-4 Notes: $745,237.50
per $1,000 original principal amount: $5.10
(e) B Notes: $159,877.53
per $1,000 original principal amount: $4.96
(f) Total $3,639,544.32
(3) After giving effect to distributions on current Payment
Date:
(a) (i) outstanding principal amount of A-1 Notes:
$126,668,922.74
(ii) A-1 Note Pool Factor: 0.7571364
(b) (i) outstanding principal amount of A-2 Notes:
$262,000,000.00
(ii) A-2 Note Pool Factor: 1.0000000
(c) (i) outstanding principal amount of A-3 Notes:
$186,000,000.00
(ii) A-3 Note Pool Factor: 1.0000000
(d) (i) outstanding principal amount of A-4 Notes:
$146,125,000.00
(ii) A-4 Note Pool Factor: 1.0000000
<PAGE>
(e) (i) outstanding principal amount of B Notes:
$30,509,795.71
(ii) B Note Pool Factor: 0.9466272
(f) (i) Certificate Balance: $11,441,173.39
(ii) Certificate Pool Factor: 0.9465817
(4) Note Value at the end of the related Collection Period
$762,744,892.66
(5) Pool Balance (excluding accrued interest) at the end of
the related Collection Period: $754,690,436.74
(6) Amount of Servicing Fee: $649,474.89
per $1,000 original principal amount: 0.80605829
(7) Amount of Administration Fee: $100.00
(8) Aggregate Purchase Amounts for Collection Period: $0.00
(9) Amount in Reserve Account: $15,254,897.85
Specified Reserve Account Balance: $15,254,897.85
(10) Aggregate amount of Realized Losses for the Collection
Period: $1,347.57
(11) Amount of Payments that are more than 60 days past due:
$375,805.00
EXHIBIT 99.3
JOHN DEERE OWNER TRUST 1999-A
SERVICER'S CERTIFICATE
$167,300,000 Class A-1 4.9988% Asset Backed Notes
due June 19, 2000
$262,000,000 Class A-2 5.4660% Asset Backed Notes
due August 15, 2001
$186,000,000 Class A-3 5.9400% Asset Backed Notes
due October 15, 2002
$146,125,000 Class A-4 6.1200% Asset Backed Notes
due October 17, 2005
$32,230,000 6.100% Class B Asset Backed Notes
due October 17, 2005
$12,086,832 Asset Backed Certificates
Payment Date: 15-Jul-99
(1) Servicing Fee: $649,474.89
Servicing Fee Shortfall: 0
(2) Administration Fee: $100.00
Administration Fee Shortfall: 0
(3) Total Distribution Amount: $28,603,539.35
(4) Noteholders' Interest Distributable Amount
applicable to A-1 Notes: $620,319.29
Noteholders' Interest Carryover Shortfall
applicable to A-1 Notes: $0.00
(5) Noteholders' Interest Distributable Amount
applicable to A-2 Notes: $1,193,410.00
Noteholders' Interest Carryover Shortfall
applicable to A-2 Notes: $0.00
(6) Noteholders' Interest Distributable Amount
applicable to A-3 Notes: $920,700.00
Noteholders' Interest Carryover Shortfall
applicable to A-3 Notes: $0.00
(7) Noteholders' Interest Distributable Amount
applicable to A-4 Notes: $745,237.50
Noteholders' Interest Carryover Shortfall
applicable to A-4 Notes: $0.00
(8) Noteholders' Interest Distributable Amount
applicable to B Notes: $159,877.53
Noteholders' Interest Carryover Shortfall
applicable to B Notes: $0.00
(9) Noteholders' Interest Distributable Amount
deposited into Note Distribution Account: $3,639,544.32
Noteholders' Interest Carryover Shortfall: $0.00
(10) A-1 Noteholders' Monthly Principal Distributable
Amount: $22,243,444.69
% of Principal Distribution Amount applicable
to A-1 Noteholders: 94.50%
A-1 Noteholders' Principal Carryover Shortfall: $0.00
A-1 Noteholders' Principal Distributable
Amount: $22,243,444.69
(11) A-2 Noteholders' Monthly Principal Distributable
Amount: $0.00
% of Principal Distribution Amount applicable
to A-2 Noteholders: 0.00%
A-2 Noteholders' Principal Carryover Shortfall: $0.00
A-2 Noteholders' Principal Distributable Amount: $0.00
(12) A-3 Noteholders' Monthly Principal Distributable
Amount: $0.00
% of Principal Distribution Amount applicable to
A-3 Noteholders: 0.00%
A-3 Noteholders' Principal Carryover Shortfall: $0.00
A-3 Noteholders' Principal Distributable Amount: $0.00
(13) A-4 Noteholders' Monthly Principal Distributable
Amount: $0.00
% of Principal Distribution Amount applicable
to A-4 Noteholders: 0.00%
A-4 Noteholders' Principal Carryover Shortfall: $0.00
A-4 Noteholders' Principal Distributable Amount: $0.00
(14) B Noteholders' Monthly Principal Distributable
Amount: $941,521.47
% of Principal Distribution Amount applicable
to B Noteholders: 4.00%
B Noteholders' Principal Carryover Shortfall: $0.00
B Noteholders' Principal Distributable
Amount: $941,521.47
(15) Noteholders' Principal Distribution Amount
deposited into Note Distribution Account: $23,184,966.16
Noteholders' Principal Carryover Shortfall: $0.00
<PAGE>
(16) Noteholders' Distributable Amount: $26,824,510.48
(17) Amount to be withdrawn from the Reserve Account
and deposited into Note Distribution Account: $0.00
Interest Amount included above: $0.00
Principal Amount included above: $0.00
(18) Deposit to Reserve Account from Collection Account
to increase the amount on deposit in the Reserve
Account to the Specified Reserve Account Balance: $0.00
(19) Certificateholders' Interest Distributable Amount: $0.00
Certificateholders' Interest Carryover Shortfall: $0.00
(20) Certificateholders' Principal Distributable Amount
applicable to current period: $353,070.55
% of Principal Distribution Amount applicable
to Certificate holders: 1.50%
Certificateholders' Principal Carryover Shortfall: $0.00
Certificateholders' Principal Distributable
Amount: $353,070.55
(21) Certificateholders' Distributable Amount: $353,070.55
(22) Deposit to Reserve Account (from excess
collections): $776,383.43
(23) Specified Reserve Account Balance
(after all distributions and adjustments): 15,254,897.85
(24) Reserve Account Balance over the Specified
Reserve Account Balance (before any
distribution of excess): $16,502,042.02
(25) Excess Reserve Account Balance Distributable
to Seller (5.05(b)(i) or (ii)): $1,247,144.17
(26) Note Value as of the end of the related
Collection Period: $762,744,892.66
(27) Pool Balance (excluding Accrued Interest)
as of close of business on the last day of
the related Collection Period: $754,690,436.74
(28) After giving effect to all distributions on
such Payment Date:
Outstanding Principal Balance of A-1 Notes:
$126,668,922.74
A-1 Note Pool Factor: 0.7571364
Outstanding Principal Balance of A-2
Notes: $262,000,000.00
A-2 Note Pool Factor: 1.0000000
Outstanding Principal Balance of A-3
Notes: $186,000,000.00
A-3 Note Pool Factor: 1.0000000
Outstanding Principal Balance of A-4
Notes: $146,125,000.00
A-4 Note Pool Factor: 1.0000000
Outstanding Principal Balance of B Notes: $30,509,795.71
B Note Pool Factor: 0.9466272
Outstanding Principal Balance of the
Certificates: $11,441,173.39
Certificate Pool Factor: 0.9465817
(29) Aggregate Purchase Amounts for related Collection
Period: $0.00
(30) Reserve Account Balance after giving effect to
all distributors: $15,254,897.85
(31) Specified Reserve Account Balance (after all
distributions and adjustments): $15,254,897.85
(32) Amount of Realized Losses for the related
collection period: $1,347.57
(33) Amount of Payments that are more than 60 days
past due: $375,805.00
