DAIMLER BENZ AUTO GRANTOR TRUST 1993-A
8-K, 1997-02-27
ASSET-BACKED SECURITIES
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<PAGE>   1
                       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)



                                February 18, 1997
                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 February 18, 1997, the Principal and Interest collected during the
preceding calendar month, 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 statement for Class A Certificateholders for
the January 1997 collection period (the "January Statement") was furnished to
the Trustee for the benefit of the Certificateholders and, as such, was
distributed by the Trustee to the Certificateholders. A copy of the January
Statement is being filed as Exhibit 28 to this Current Report on Form 8-K.



Item 7.  Financial Statements and Exhibits

         (c)      Exhibits

                  Exhibit No.         Description

                  28                  Statement for Class A Certificateholders
                                      for the January 1997 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:  February 20, 1997     By: /s/ David A. Klanica
                                 ----------------------------------------------
                             Name:   David A. Klanica
                             Title:  Director of Accounting Services




                                       -3-
<PAGE>   4
                                INDEX TO EXHIBITS

Exhibit No.         Description

   28               Statement for Class A Certificateholders for the January
                    1997 Collection Period




                                       -4-

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



COLLECTION PERIOD: JANUARY 1997
DISTRIBUTION DATE: 2/18/97



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                                                $ 3,358,572.75              $6.582498

  (ii)    Interest Distribution                                                 $   101,645.32              $0.199216

 (iii)    Amount of Distribution allocable to the Yield Suppl. Amount           $     6,318.05
          Amount of Distribution allocable to the Shortfall (Excess) Amount     $    18,471.62

  (iv)    Monthly Servicing Fee                                                 $    28,024.63              $0.054926
          Monthly Supplemental Servicing Fee                                    $         0.00              $0.000000
          Class A Percentage of the Servicing Fee                               $    26,062.91              $0.051081
          Class A Percentage of the Supplemental Servicing Fee                  $         0.00              $0.000000

   (v)    Class A Principal Balance (end of Collection Period)                  $27,916,909.40
          Class A Pool Factor (end of Collection Period))                            5.4714612%
          Class B Principal Balance (end of Collection Period)                  $ 2,101,272.75

  (vi)    Pool Balance (end of Collection Period)                               $30,018,182.15

 (vii)    Class A Interest Carryover Shortfall                                  $         0.00              $0.000000
          Class A Principal Carryover Shortfall                                 $         0.00              $0.000000

(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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