- -------------------------------------------------------------
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: 15 October 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)
- -------------------------------------------------------------
<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 Noteholders
99.2 Statement to Certificateholder
99.3 Servicer's Certificate
Page 2
<PAGE>
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: 15 October 1999
Page 3
<PAGE>
EXHIBIT INDEX
Exhibit No.
99.1 Statement to Noteholders
99.2 Statement to Certificateholder
99.3 Servicer's Certificate
Page 4
John Deere Owner Trust 1999-A Exhibit 99.1
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-Oct-99
(1) Amount of principal being paid on the Notes:
(a) A-1 Notes: $17,750,766.48
per $1,000 original principal amount: $106.10
(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: $0.00
per $1,000 original principal amount: $0.00
(f) Total $17,750,766.48
(2) Interest on the Notes
(a) A-1 Notes: $338,258.47
per $1,000 original principal amount: $2.02
(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: $145,308.35
per $1,000 original principal amount: $4.51
(f) Total $3,342,914.32
(3) After giving effect to distributions on
current Payment Date:
(a) (i) outstanding principal amount
of A-1 Notes: $63,450,754.22
(ii) A-1 Note Pool Factor: 0.3792633
(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
(e) (i) outstanding principal amount
of B Notes: $28,585,249.59
(ii) B Note Pool Factor: 0.8869144
(f) (i) Certificate Balance $10,719,468.60
(ii) Certificate Pool Factor: 0.8868716
(4) Note Value at the end of the
related Collection Period $696,880,473.22
(5) Pool Balance (excluding accrued
interest) at the end of the related
Collection Period $686,619,188.05
(6) Amount of Servicing Fee: $587,778.96
per $1,000 original principal amount: 0.72948796
(7) Amount of Administration Fee: $100.00
(8) Aggregate Purchase Amounts for
Collection Period: $0.00
(9) Amount in Reserve Account: $14,100,482.07
Specified Reserve Account Balance: $14,100,482.07
(10) Aggregate amount of Realized Losses
for the Collection Period: $58,237.01
(11) Amount of Payments that are more
than 60 days past due: $816,515.00
John Deere Owner Trust 1999-A Exhibit 99.2
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-Oct-99
(1) Amount of principal being paid or distributed:
(a) A-1 Notes: $17,750,766.48
per $1,000 original principal amount: $106.10
(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: $0.00
per $1,000 original principal amount: $0.00
(f) Certificates: $0.00
per $1,000 original principal amount: $0.00
(g) Total: $17,750,766.48
(2) Amount of interest being paid or distributed:
(a) A-1 Notes: $338,258.47
per $1,000 original principal amount: $2.02
(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: $145,308.35
per $1,000 original principal amount: $4.51
(f) Certificates: $0.00
per $1,000 original principal amount: $0.00
(g) Total: $3,342,914.32
(3) After giving effect to distributions
on this Payment Date:
(a) (i) outstanding principal amount
of A-1 Notes: $63,450,754.22
(ii) A-1 Note Pool Factor: 0.3792633
(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
(e) (i) outstanding principal amount
of B Notes: $28,585,249.59
(ii) B Note Pool Factor: 0.8869144
(f) (i) Certificate Balance $10,719,468.60
(ii) Certificate Pool Factor: 0.8868716
(4) Note Value at end of related
Collection Period: $696,880,473.22
(5) Pool Balance (excluding accrued
interest) at the end of the related
Collection Period $686,619,188.05
(6) Amount of Servicing Fee: $587,778.96
per $1,000 original principal amount: 0.7294880
(7) Amount of Administration Fee: $100.00
(8) Aggregate Purchase Amounts for
Collection Period: $0.00
(9) Amount in Reserve Account: $14,100,482.07
Specified Reserve Account Balance: $14,100,482.07
(10) Aggregate amount of Realized
Losses for the Collection Period: $58,237.01
(11) Amount of Payments that are
more than 60 days past due: $816,515.00
John Deere Owner Trust 1999-A Exhibit 99.3
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-Oct-99
(1) Servicing Fee $587,778.96
Servicing Fee Shortfall 0
(2) Administration Fee: $100.00
Administration Fee Shortfall 0
(3) Total Distribution Amount: $22,388,160.34
(4) Noteholders' Interest Distributable
Amount applicable to A-1 Notes: $338,258.47
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: $145,308.35
Noteholders' Interest Carryover
Shortfall applicable to B Notes: $0.00
(9) Noteholders' Interest Distributable Amount
deposited into Note Distribution Account: $3,342,914.32
Noteholders' Interest Carryover Shortfall: $0.00
(10) A-1 Noteholders' Monthly Principal
Distributable Amount: $17,750,766.48
% of Principal Distribution Amount
applicable to A-1 Noteholders 100.00%
A-1 Noteholders' Principal Carryover Shortfall: $0.00
A-1 Noteholders' Principal Distributable
Amount: $17,750,766.48
(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: $0.00
% of Principal Distribution Amount applicable
to B Noteholders 0.00%
B Noteholders' Principal Carryover Shortfall: $0.00
B Noteholders' Principal Distributable Amount: $0.00
(15) Noteholders' Principal Distribution
Amount deposited into Note
Distribution Account: $17,750,766.48
Noteholders' Principal Carryover
Shortfall: $0.00
(16) Noteholders' Distributable Amount: $21,093,680.80
(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 $0.00
Account Balance
(19) Certificateholders' Interest
Distributable Amount: $0.00
Certificateholders' Interest
Carryover Shortfall: $0.00
(20) Certificateholders' Principal Distributable
Amount applicable to current period $0.00
% of Principal Distribution Amount applicable
to Certificate holders 0.00%
Certificateholders' Principal Carryover
Shortfall: $0.00
Certificateholders' Principal Distributable
Amount: $0.00
(21) Certificateholders' Distributable Amount: $0.00
(22) Deposit to Reserve Account (from
excess collections): $706,600.58
(23) Specified Reserve Account Balance (after
all distributions and adjustments): $14,100,482.07
(24) Reserve Account Balance over the
Specified Reserve Account Balance
(before any distribution of excess): $14,999,225.37
(25) Excess Reserve Account Balance
Distributable to Seller (5.05(b)(I)
or (ii)): $898,743.30
(26) Note Value as of the end of the
related Collection Period $696,880,473.22
(27) Pool Balance (excluding Accrued
Interest) as of close of business
on the last day of the related
Collection Period: $686,619,188.05
(28) After giving effect to all
distributions on such Payment Date:
Outstanding Principal Balance of
A-1 Notes: $63,450,754.22
A-1 Note Pool Factor: 0.3792633
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: $28,585,249.59
B Note Pool Factor: 0.8869144
Outstanding Principal Balance
of the Certificates: $10,719,468.60
Certificate Pool Factor: 0.8868716
(29) Aggregate Purchase Amounts for
related Collection Period: $0.00
(30) Reserve Account Balance after
giving effect to all distributions: $14,100,482.07
(31) Specified Reserve Account Balance
(after all distributions and
adjustments): $14,100,482.07
(32) Amount of Realized Losses for the
related collection period: $58,237.01
(33) Amount of Payments that are more
than 60 days past due: $816,515.00