<PAGE>
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of Report: June 27, 2000
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(Date of earliest event reported)
TOYOTA MOTOR CREDIT RECEIVABLES CORPORATION ON BEHALF OF THE
TOYOTA AUTO RECEIVABLES 2000-A OWNER TRUST
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(Exact name of registrant as specified in its charter)
CALIFORNIA 333-76505 33-036836
(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
19300 Gramercy Place, North Building
Torrance, California 90509
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(Address of principal executive offices)
Registrant's telephone number, including area code: (310) 468-7332
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ITEM 5. OTHER EVENTS
On June 27, 2000, Toyota Motor Credit Receivables Corporation
("TMCRC") and Toyota Motor Credit Corporation ("TMCC") entered into that certain
Receivables Purchase Agreement dated as of June 1, 2000 (the "Receivables
Purchase Agreement"), pursuant to which TMCC transferred to TMCRC certain retail
installment sales contracts relating to certain new and used automobiles and
light duty trucks (the "Receivables") and related property. On June 27, 2000,
the Toyota Auto Receivables 2000-A Owner Trust, a Delaware business trust
created pursuant to that certain Trust Agreement dated as of March 27, 2000, as
amended and restated by the Amended and Restated Trust Agreement dated June 1,
2000 (collectively, the "Trust Agreement"), by and between TMCRC, as depositor,
U.S. Bank National Association, as Owner Trustee, and First Union Trust Company,
National Association, as Delaware Co-trustee, (the "Trust"), TMCRC, as seller,
and TMCC, as servicer, entered into that certain Sale and Servicing Agreement
dated as of June 1, 2000 (the "Sale and Servicing Agreement"), pursuant to which
the Receivables and related property were transferred to the Trust. Also on June
27, 2000, the Trust caused the issuance, pursuant to an Indenture dated as of
June 1, 2000 (the "Indenture"), by and between the Trust, as issuer, and U.S.
Bank National Association, as indenture trustee, and pursuant to the Sale and
Servicing Agreement, of the Notes, issued in the following classes: the Class
A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, and the Class A-4 Notes
(collectively, the "Notes"). The Class A-2 Notes, the Class A-3 Notes and the
Class A-4 Notes, with an aggregate scheduled principal balance, as of June 27,
2000, of $1,472,562,753.92, were sold to Merrill Lynch, Pierce, Fenner & Smith
Incorporated, Morgan Stanley & Co. Incorporated, Deutsche Bank Securities Inc.,
Chase Securities Inc., Goldman, Sachs & Co., Salomon Smith Barney Inc. and
Lehman Brothers, as underwriters (the "Underwriters"), pursuant to an
Underwriting Agreement dated as of June 16, 2000, by and between TMCRC, TMCC and
the Underwriters. The Notes have been registered pursuant to the Securities Act
of 1933, as amended, under a Registration Statement on Form S-3 (Commission File
No. 333-76505).
Capitalized terms used herein and not defined herein have the
meanings ascribed thereto in the Sale and Servicing Agreement.
Attached as Exhibit 1.1 is the Underwriting Agreement, as
Exhibit 4.1 is the Sale and Servicing Agreement, as Exhibit 4.2 is the
Indenture, as Exhibit 4.3 is the Receivables Purchase Agreement, as Exhibit 4.4
is the Trust Agreement and as Exhibit 4.5 is the Administration Agreement.
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EXHIBIT INDEX
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Not applicable.
(b) Not applicable.
(c) Exhibits
The exhibit number corresponds with Item 601(a) of Regulation S-K.
EXHIBIT NO. DESCRIPTION
Exhibit 1.1 Underwriting Agreement dated as of June 20, 2000,
between TMCRC, TMCC and Morgan Stanley & Co.
Incorporated and Merrill Lynch, Pierce, Fenner &
Smith Incorporated, on behalf of themselves and
as representatives of the several Underwriters.
Exhibit 4.1 Sale and Servicing Agreement dated as of June 1,
2000, by and among the Registrant, as issuer,
TMCRC, as seller, and TMCC, as servicer.
Exhibit 4.2 Indenture dated as of June 1, 2000, by and
between the Registrant, as issuer and U.S. Bank
National Association, as indenture trustee.
Exhibit 4.3 Receivables Purchase Agreement dated as of June
1, 2000, between TMCRC, as purchaser and TMCC, as
seller.
Exhibit 4.4 Trust Agreement dated as of June 1, 2000, between
TMCRC, as depositor, U.S. Bank National
Association, as Owner Trustee, and First Union
Trust Company, National Association, as Delaware
Co-trustee.
Exhibit 4.5 Administration Agreement dated as of June 1,
2000, among the Registrant, as issuer, TMCC, as
administrator, U.S. Bank National Association, as
indenture trustee and U.S. Bank National
Association, as owner trustee.
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Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on behalf of the
Registrant by the undersigned thereunto duly authorized.
TOYOTA MOTOR CREDIT RECEIVABLES CORPORATION
By: /S/ LLOYD MISTELE
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Name: Lloyd Mistele
Title: President
July 11, 2000
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EXHIBIT INDEX
Item 601(a) of Regulation S-K
EXHIBIT NO. DESCRIPTION
Exhibit 1.1 Underwriting Agreement dated as of June 16, 2000,
between TMCRC, TMCC and Morgan Stanley & Co.
Incorporated and Merrill Lynch, Pierce, Fenner &
Smith Incorporated, on behalf of themselves and
as representatives of the several Underwriters.
Exhibit 4.1 Sale and Servicing Agreement dated as of June 1,
2000, by and among the Registrant, as issuer,
TMCRC, as seller, and TMCC, as servicer.
Exhibit 4.2 Indenture dated as of June 1, 2000, by and
between the Registrant, as issuer and U.S. Bank
National Association, as indenture trustee.
Exhibit 4.3 Receivables Purchase Agreement dated as of June
1, 2000, between TMCRC, as purchaser and TMCC, as
seller.
Exhibit 4.4 Trust Agreement dated as of June 1, 2000, between
TMCRC, as depositor, U.S. Bank National
Association, as Owner Trustee, and First Union
Trust Company, National Association, as Delaware
Co-trustee.
Exhibit 4.5 Administration Agreement dated as of June 1,
2000, among the Registrant, as issuer, TMCC, as
administrator, U.S. Bank National Association, as
indenture trustee and U.S. Bank National
Association, as owner trustee.
