SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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) October 1, 1995
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Merrill Lynch Municipal ABS, Inc.
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(Exact name of registrant as specified in charter)
New York 33-56254 13-369-8229
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
World Financial Center, North Tower, Ninth Floor, New York, New York 10281
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 449-0670
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(Former name or former address, if changed since last report)
<PAGE>
Item 1. Changes in Control of Registrant.
Exempt per No-Action Letter publicly available May 30, 1996.
Item 2. Acquisition or Disposition of Assets.
Exempt per No-Action Letter publicly available May 30, 1996.
Item 3. Bankruptcy or Receivership.
Exempt per No-Action Letter publicly available May 30, 1996.
Item 4. Changes in Registrant's Certifying Accountant.
None.
Item 5. Other Events.
[See Exhibits below].
Item 6. Resignations of Registrant's Certifying Accountant.
Exempt per No-Action Letter publicly available May 30, 1996.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Not Applicable.
(b) Not Applicable.
(c) Exhibits.
1. Amended Statement to holders of Merrill Lynch Municipal ABS, Inc.
Prerefunded Municipal Certificates, Series 1, Series 2, Series 3 relating
to the Distribution Date of October 1, 1995.
2
<PAGE>
Signatures
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 thereunto duly authorized.
Dated: December 12, 1996 MERRILL LYNCH MUNICIPAL ABS, INC.
By: /s/ Edward J. Sisk
---------------------------------
Name: Edward J. Sisk
Title: Authorized Signatory
3
<PAGE>
EXHIBIT INDEX
Exhibit Page
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1. Amended Statement to holders of Merrill Lynch Municipal ABS, Inc. 5
Prerefunded Municipal Certificates, Series 1, Series 2, Series 3
relating to the Distribution Date of October 1, 1995.
4
Exhibit 1
Amended Statement to Holders of Merrill Lynch Municipal ABS, Inc.
Prerefunded Municipal Certificates, Series 1, Series 2 and Series 3
relating to the Distribution Date of October 1, 1995
<PAGE>
[Letterhead of Bankers Trust Company]
Kerstin Stanley
Merrill Lynch
Re: Merrill Lynch Municipal ABS, Inc.
Prerefunded Municipal Certificates Series 1, 2, and 3
Kerstin:
For the above referenced issues, the principal and interest information for the
October 1995, April 1996, and October 1996 payment dates are attached. All other
relevant information is as follows:
Premium on Bonds None
Trustee Fees Payable None
Interest Shortfall on Bonds None
Aggregate shortfall on Bonds None
Accrued Interest undistributed to holders None
Accrued Principal undistributed to holders None
Underlying Bonds on issues Attached
Should you have any questions please call me at (212) 250-6378.
Thank You,
/s/ James A. Odorczuk
enc.
<PAGE>
[Letterhead of Bankers Trust Company]
October 2, 1995
Merrill Lynch
World Financial Center
North Towers - 9th Floor
250 Vesey Street
New York, NY 10281-1309
Attn: Robert Sheybani
The Depository Trust Company
7 Hanover Square - 2nd Floor
New York, NY 10004
Attn: Shandon Chakaraburty
Re: Merrill Lynch Municipal ABS, Inc.
Prerefunded Municipal Certificates Series 1, 2, and 3
Gentlemen:
Pursuant to Section 4.03 of the Trust Agreement dated as of March 28, 1995,
Bankers Trust Company as Trustee for the above-referenced bond issues, hereby
notifies you of the debt service payments for each Series due October 1, 1995
(payable on October 2nd). Attached is a payment schedule for each Series.
If you have any questions, please feel free to call Barbara Kaczmar at (212)
250-6378 or myself directly.
Very truly yours,
/s/ Joanne Adamis
Joanne Adamis
Assistant Vice President
Attachment
<PAGE>
SERIES 1 CERTIFICATES
<TABLE>
<CAPTION>
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Certificate Interest Principal
Class Maturity CUSIP Certificate Certificate Amount Amount
Number Date Number Rate Amount Due Due
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<S> <C> <C> <C> <C> <C> <C>
1 10/1/95 021433DV6 4.35 75,000.00 1,631.25 75,000.00
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2 4/1/96 021433DW4 4.65 75,000.00 1,743.75 0.00
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3 10/1/96 021433 DX2 4.65 80,000.00 1,860.00 0.00
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4 4/1/97 021433 DY0 4.70 80,000.00 1,880.00 0.00
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5 10/1/97 021433 DZ7 4.70 85,000.00 1,997.50 0.00
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6 4/1/98 O21433 EA1 4.80 85,000.00 2,040.00 0.00
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7 10/1/98 021433 EB9 4.80 85,000.00 2,040.00 0.00
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8 4/1/99 021433 EC7 4.90 90,000.00 2,205.00 0.00
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9 10/1/99 021433 ED5 4.90 90,000.00 2,205.00 0.00
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10 4/1/00 021433 EE3 5.00 95,000.00 2,375.00 0.00
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11 10/1/00 021433 EF0 5.00 95,000.00 2,375.00 0.00
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12 4/1/01 021433 EG8 5.00 100,000.00 2,500.00 0.00
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13 10/1/01 021433 EH6 5.00 100,000.00 2,500.00 0.00
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14 4/1/02 021433 EJ2 5.10 105,000.00 2,677.50 0.00
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15 10/1/02 021433 EK9 5.10 295,000.00 7,522.50 0.00
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16 4/1/03 021433 EL7 5.10 100,000.00 2,550.00 0.00
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17 10/1/03 021433 EM5 5.10 320,000.00 8,160.00 0.00
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18 4/1/04 021433 EN3 5.20 95,000.00 2,470.00 0.00
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19 10/1/04 021433 EP8 5.20 340,000.00 8,840.00 0.00
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20 4/1/05 021433 EQ6 5.25 95,000.00 2,493.75 0.00
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21 10/1/05 021433 ER4 5.25 360,000.00 9,450.00 0.00
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22 10/1/08 021433 EX1 5.50 1,495,000.00* 41,112.50 0.00
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23 10/1/10 021433 FB8 5.60 1,130,000.00* 31,640.00 0.00
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24 10/1/12 021433 FF9 5.70 1,200,000.00* 34,200.00 0.00
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RI 10/1/12 021433 FG7 Variable 80,682.00 Residual --> 151.00
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TOTAL $6,750,682.00 $178,468.75 $75,151.00
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</TABLE>
**** Information as of 9/30/95
**** Underlying Bond-Altamonte Springs FLA Authority
13.125% 10/01/12, $3,910,000
<PAGE>
SERIES 2 CERTIFICATES
<TABLE>
<CAPTION>
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Certificate Interest Principal
Class Maturity CUSIP Certificate Certificate Amount Amount
Number Date Number Rate Amount Due Due
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<S> <C> <C> <C> <C> <C> <C>
1 10/1/95 70252BAP8 4.35 190,000.00 4,132.50 190,000
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2 4/1/96 70252BAQ6 4.65 200,000.00 4,650.00 0.00
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3 10/1/96 70252B AR4 4.65 205,000.00 4,766.25 0.00
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4 4/1/97 70252B AS2 4.70 210,000.00 4,935.00 0.00
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5 10/1/97 70252B AT0 4.70 215,000.00 5,052.50 0.00
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6 4/1/98 70252B AU7 4.80 220,000.00 5,280.00 0.00
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7 10/1/98 70252B AV5 4.80 225,000.00 5,400.00 0.00
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8 4/1/99 70252B AW3 4.90 230,000.00 5,635.00 0.00
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9 10/1/99 70252B AX1 4.90 240,000.00 5,880.00 0.00
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10 4/1/00 70252B AY9 5.00 245,000.00 6,125.00 0.00
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11 10/1/00 70252B AZ6 5.00 250,000.00 6,250.00 0.00
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12 4/1/01 70252B BA0 5.00 255,000.00 6,375.00 0.00
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13 10/1/01 70252B BB8 5.00 265,000.00 6,625.00 0.00
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14 4/1/02 70252B BC6 5.10 270,000.00 6,885.00 0.00
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15 10/1/02 70252B BD4 5.10 795,000.00 20,272.50 0.00
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16 4/1/03 70252B BE2 5.10 265,000.00 6,757.50 0.00
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17 10/1/03 70252B BF9 5.10 860,000.00 21,930.00 0.00
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18 4/1/04 70252B BG7 5.20 250,000.00 6,500.00 0.00
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19 10/1/04 70252B BH5 5.20 925,000.00 24,050.00 0.00
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20 4/1/05 70252B BJ1 5.25 240,000.00 6,300.00 0.00
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21 10/1/05 70252B BK8 5.25 1,000,000.00 26,250.00 0.00
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22 10/1/08 70252B BP7 5.40 2,255,000.00 60,885.00 0.00
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23 10/1/10 70252B BV4 5.60 5,000,000.00 140,000.00 0.00
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24 10/1/12 70252B BZ5 5.70 1,915,000.00 54,577.50 0.00
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RI 10/1/12 70252B CA9 Variable 107,349.00 Residual --> 3,467.00
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TOTAL $16,832,349.00 $445,513.75 $193,467.00
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</TABLE>
**** INFORMATION AS OF 9/30/95
**** Pasco County FLA Health Facilities
13.125% 10/01/12, $9,850,000
<PAGE>
SERIES 3 CERTIFICATES
<TABLE>
<CAPTION>
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Certificate Interest Principal
Class Maturity CUSIP Certificate Certificate Amount Amount
Number Date Number Rate Amount Due Due
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<S> <C> <C> <C> <C> <C> <C>
1 10/1/95 684503TB1 4.35 795,000.00 17,291.25 795,000
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2 4/1/96 684503TC9 4.65 845,000.00 19,646.25 0.00
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3 10/1/96 684503 TD7 4.65 865,000.00 20,111.25 0.00
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4 4/1/97 684503 TE5 4.70 885,000.00 20,797.50 0.00
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5 10/1/97 684503 TF2 4.70 905,000.00 21,267.50 0.00
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6 4/1/98 684503 TGO 4.80 925,000.00 22,200.00 0.00
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7 10/1/98 684503 TH8 4.80 945,000.00 22,680.00 0.00
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8 4/1/99 684503TJ4 4.90 970,000.00 23,765.00 0.00
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9 10/1/99 684503 TK1 4.90 995,000.00 24,377.50 0.00
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10 4/1/00 684503 TL9 5.00 1,020,000.00 25,500.00 0.00
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11 10/1/00 684503 TM7 5.00 1,045,000.00 26,125.00 0.00
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12 4/1/01 684503 TN5 5.00 1,070,000.00 26,750.00 0.00
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13 10/1/01 684503 TP0 5.00 1,095,000.00 27,375.00 0.00
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14 4/1/02 684503 TQ8 5.10 1,125,000.00 28,687.50 0.00
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15 10/1/02 684503 TR6 5.10 3,190,000.00 81,345.00 0.00
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16 4/1/03 684503 TS4 5.10 1,100,000.00 28,050.00 0.00
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17 10/1/03 684503 TT2 5.10 3,425,000.00 87,337.50 0.00
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18 4/1/04 684503 TU9 5.20 1,065,000.00 27,690.00 0.00
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19 10/1/04 684503 TV7 5.20 3,675,000.00 95,550.00 0.00
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20 4/1/05 684503 TX3 5.25 4,975,000.00 130,593.75 0.00
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21 10/1/06 684503 TZ8 5.30 5,225,000.00 138,462.50 0.00
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22 10/1/07 684503 UB9 5.40 5,480,000.00 147,960.00 0.00
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23 10/1/08 684503 UD5 5.50 5,785,000.00 159,087.50 0.00
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24 10/1/09 684503 UF0 5.60 6,085,000.00 170,380.00 0.00
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25 10/1/10 684503 UH6 5.60 6,410,000.00 179,480.00 0.00
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26 10/1/11 684503 UK9 5.70 6,750,000.00 192,375.00 0.00
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27 10/1/12 684503 UM5 5.70 4,910,000.00 139,935.00 0.00
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RI 10/1/12 684503 UN3 Variable 77,137.00 Residual --> 1,714.00
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TOTAL $71,637,137.00 $1,904,820.00 $796,714.00
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</TABLE>
**** Information as of 9/30/95
**** Underlying Bond-Orange County FLA Health Facilities
13.125%, 10/01/12, $41,650,000
