DAIMLER BENZ AUTO GRANTOR TRUST 1993-A
8-K, 1996-11-07
ASSET-BACKED SECURITIES
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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

                     DAIMLER-BENZ AUTO GRANTOR TRUST 1993-A

- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                               September 16, 1996

- --------------------------------------------------------------------------------
                Date of Report (Date of earliest event reported)

Delaware                           33-68018            51-0349813
(State or other jurisdiction       (Commission File    (I.R.S. Employer
of incorporation)                  Number)             Identification No.)

        1201 North Market Street, Suite 1406, Wilmington, Delaware 19801

- --------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

                                 (302) 426-1900

        -----------------------------------------------------------------
              (Registrant's telephone number, including area code)


<PAGE>   2

Item 5.  Other Events

         On September 16 and October 15 of 1996, the Principal and Interest
collected during each of the preceding calendar months, respectively, net of
certain adjustments as provided for in the Pooling and Servicing Agreement dated
as of October 1, 1993 (the "Agreement"), among Mercedes-Benz Credit Corporation,
in its individual capacity and as Servicer, Daimler-Benz Auto Receivables
Corporation, as Seller, and Citibank, N.A., as Trustee, Payahead Agent and Class
A Agent (the "Trustee"), was distributed to holders ("Certificateholders") of
certificates representing undivided fractional interests in Daimler-Benz Auto
Grantor Trust 1993-A. In accordance with the Agreement, the statements for Class
A Certificateholders for the August 1996 collection period (the "August
Statement") and the September 1996 collection period (the "September Statement")
was furnished to the Trustee for the benefit of the Certificateholders and, as
such, was distributed by the Trustee to the Certificateholders. Copies of the
August Statement and September Statement are being filed as Exhibit 28.1 and
28.2 to this Current Report on Form 8-K.

Item 7.  Financial Statements and Exhibits

         (c)      Exhibits
                  Exhibit No.                        Description

                  28.1                               Statement for Class A
                                                     Certificateholders for the
                                                     August 1996 Collection
                                                     Period

                  28.2                               Statement for Class A
                                                     Certificateholders for the
                                                     September 1996 Collection
                                                     Period


                                       -2-

<PAGE>   3


                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                              Daimler-Benz Auto Grantor Trust 1993-A
                                                (Registrant)

                              By:  Mercedes-Benz Credit Corporation, as Servicer


Date:  October 31, 1996       By:          /s/  David A. Klanica
                                    -------------------------------------------
                                    Name:       David A. Klanica
                                    Title:      Director of Accounting Services


                                       -3-

<PAGE>   4


                                INDEX TO EXHIBITS

Exhibit No.                    Description

       28.1                    Statement for Class A Certificateholders for the
                               August 1996 Collection Period

       28.2                    Statement for Class A Certificateholders for the
                               September 1996 Collection Period

                                       -4-


<PAGE>   1
                  DAIMLER-BENZ AUTO AUTO GRANTOR TRUST 1993-A
                            MONTHLY SERVICING REPORT
                   SERVICER: MERCEDES-BENZ CREDIT CORPORATION
                            TRUSTEE: CITIBANK, N.A.

COLLECTION PERIOD: AUGUST 1996
DISTRIBUTION DATE: 9/16/96

STATEMENT FOR CLASS A CERTIFICATEHOLDERS
PURSUANT TO SECTION 4.9 OF THE POOLING AND SERVICING AGREEMENT

<TABLE>
<CAPTION>
                                                                                                         Per $1,000 of
                                                                                                        Original Class A
                                                                                                          Certificate
                                                                                                             Amount
                                                                                                      ---------------------
<S>                                                                              <C>                    <C>             
   (i)    Principal Distribution                                                 $   4,959,308.80       $         9.7198

  (ii)    Interest Distribution                                                  $     172,736.28       $         0.3385

 (iii)    Amount of Distribution allocable to the Yield Suppl. Amount            $      11,773.91
          Amount of Distribution allocable to the Shortfall (Excess) Amount      $      17,168.82

  (iv)    Monthly Servicing Fee                                                  $      47,625.11       $         0.0933
          Monthly Supplemental Servicing Fee                                     $           0.00       $         0.0000
          Class A Percentage of the Servicing Fee                                $      44,291.35       $         0.0868
          Class A Percentage of the Supplemental Servicing Fee                   $           0.00       $         0.0000

   (v)    Class A Principal Balance (end of Collection Period)                   $  48,190,314.97
          Class A Pool Factor (end of Collection Period))                               9.4448650%
          Class B Principal Balance (end of Collection Period)                   $   3,627,228.01

  (vi)    Pool Balance (end of Collection Period)                                $  51,817,542.98

 (vii)    Class A Interest Carryover Shortfall                                   $           0.00       $         0.0000
          Class A Principal Carryover Shortfall                                  $           0.00       $         0.0000

(viii)    Amount otherwise distributable to Class B Certificateholders           $           0.00
          that is distributed to Class A Certificateholders

  (ix)    Balance of the Reserve Fund Property (end of Collection Period)        $   5,486,319.09

   (x)    Aggregate Purchase Amount of Receivables repurchased by                $           0.00
          the Seller or the Servicer
</TABLE>


<PAGE>   1
                     DAIMLER-BENZ AUTO GRANTOR TRUST 1993-A
                            MONTHLY SERVICING REPORT
                   SERVICER: MERCEDES-BENZ CREDIT CORPORATION
                            TRUSTEE: CITIBANK, N.A.

COLLECTION PERIOD: SEPTEMBER 1996
DISTRIBUTION DATE: 10/15/96

STATEMENT FOR CLASS A CERTIFICATEHOLDERS
PURSUANT TO SECTION 4.9 OF THE POOLING AND SERVICING AGREEMENT

<TABLE>
<CAPTION>
                                                                                                         Per $1,000 of
                                                                                                        Original Class A
                                                                                                          Certificate
                                                                                                             Amount
                                                                                                      ---------------------
<S>                                                                              <C>                    <C>             
   (i)    Principal Distribution                                                 $   4,621,405.87       $         9.0575

  (ii)    Interest Distribution                                                  $     156,618.52       $         0.3070

 (iii)    Amount of Distribution allocable to the Yield Suppl. Amount            $      10,489.37
          Amount of Distribution allocable to the Shortfall (Excess) Amount      $      13,737.07

  (iv)    Monthly Servicing Fee                                                  $      43,181.29       $         0.0846
          Monthly Supplemental Servicing Fee                                     $           0.00       $         0.0000
          Class A Percentage of the Servicing Fee                                $      40,158.60       $         0.0787
          Class A Percentage of the Supplemental Servicing Fee                   $           0.00       $         0.0000

   (v)    Class A Principal Balance (end of Collection Period)                   $  43,568,909.10
          Class A Pool Factor (end of Collection Period))                               8.5391113%
          Class B Principal Balance (end of Collection Period)                   $   3,279,380.26

  (vi)    Pool Balance (end of Collection Period)                                $  46,848,289.36

 (vii)    Class A Interest Carryover Shortfall                                   $           0.00       $         0.0000
          Class A Principal Carryover Shortfall                                  $           0.00       $         0.0000

(viii)    Amount otherwise distributable to Class B Certificateholders           $           0.00
          that is distributed to Class A Certificateholders

  (ix)    Balance of the Reserve Fund Property (end of Collection Period)        $   5,486,319.09

   (x)    Aggregate Purchase Amount of Receivables repurchased by                $           0.00
          the Seller or the Servicer
</TABLE>

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