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: December 1, 1998
(Date of earliest event reported)
DVI Receivables Corp.
(Exact name of registrant as specified in its charter)
Delaware 333-68043 33-0608442
- -------- --------- ----------
(State or Other Juris- (Commission (I.R.S. Employer
diction of Incorporation) File Number) Identification No.)
500 Hyde Park, Doylestown, Pennsylvania 18901
--------------------------------------- -----
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code:(215) 345-6600
<PAGE>
-2-
Item 5. OTHER EVENTS.
On or about December 10, 1998, the Registrant will cause the
issuance and sale of approximately $203,668,000.00 initial principal
amount of Asset-backed Notes, Series 1998-2, Class A-1, Class A-2,
Class A-3, Class B and Class C (the "Notes") pursuant to an Indenture
to be dated as of December 1, 1998, among DVI Business Trust 1998-2, as
Issuer, and U.S. Bank Trust National Association, as Trustee.
In connection with the sale of the Notes, the Registrant has
been advised by Lehman Brothers Inc. and Prudential Securities
Incorporated (the "Underwriters") that the Underwriters have furnished
to prospective investors certain yield tables and other computational
materials (the "Computational Materials") with respect to the Notes
following the effective date of Registration Statement No. 333-68043,
which Computational Materials are being filed manually as exhibits to
this report.
The Computational Materials have been provided by the
Underwriters. The information in the Computational Materials is
preliminary and may be superseded by the Prospectus Supplement relating
to the Notes and by any other information subsequently filed with the
Securities and Exchange Commission.
The Computational Materials consist of the first 17 pages (the
"Computational Materials") that appear after the Form SE cover sheet.
THE UNDERWRITERS HAVE ADVISED THE REGISTRANT THAT CERTAIN INFORMATION
IN THE COMPUTATIONAL MATERIALS MAY HAVE BEEN BASED ON ASSUMPTIONS THAT
DIFFERED FROM THE FINAL POOL INFORMATION.
In addition, the actual characteristics and performance of the
contracts underlying the Notes (the "Contracts") may differ from the
assumptions used in the Computational Materials, which are hypothetical
in nature and which were provided to certain investors only to give a
general sense of how the yield, average life, duration, expected
maturity, interest rate sensitivity and cash flow characteristics of a
particular class of Notes might vary under varying prepayment and other
scenarios. Any difference between such assumptions and the actual
characteristics and performance of the Contracts will affect the actual
yield, average life, duration, expected maturity, interest rate
sensitivity and cash flow characteristics of a particular class of
Notes.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements.
--------------------
Not applicable.
<PAGE>
-3-
(b) PRO FORMA Financial Information.
-------------------------------
Not applicable.
(c) Exhibits
--------
ITEM 601(A) OF
REGULATION S-K
EXHIBIT NO. EXHIBIT NO. DESCRIPTION
- ----------- ----------- -----------
1 99 Computational Materials
<PAGE>
-4-
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.
DVI RECEIVABLES CORP.
By: _____________________________
Name: Steven R. Garfinkel
Title: Vice President
Dated: December 2, 1998
<PAGE>
-5-
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.
DVI RECEIVABLES CORP.
By: /s/ Steven R. Garfinkel
-----------------------
Name: Steven R. Garfinkel
Title: Vice President
Dated: December 2, 1998
<PAGE>
EXHIBIT INDEX
Item 601 (a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Page
------ ----------- ----------- ----
1 99 Computational Materials Filed Manually
