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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
Date of Report (Date of earliest event reported): April 1, 1998
AFG RECEIVABLES CORPORATION
(Exact name of registrant as specified in its charter)
CALIFORNIA
(State of Incorporation)
33-82064
and
33-99536 36-3792182
(Commission File Numbers) (IRS Employer Identification No.)
Oakmont Circle 1, 601 Oakmont Lane
Westmont, Illinois 60559-5549
(Address of Principal Executive Officer) (Zip Code)
(630) 953-6170
(Registrant's telephone number, including Area Code)
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ITEM - 5:
AFG Receivables Trust 1995-A
The Registrant, as Seller, entered into a certain Pooling and Servicing
Agreement dated as of November 1, 1995 with AutoFinance Group, Inc. ("AFG"), as
Servicer, and The Chase Manhattan Bank (formerly known as Chemical Bank), as
Trustee. Pursuant to said Agreement, AFG was appointed Servicer of the loans
underlying a new series of Certificates representing interests in the AFG
Receivables Trust, 1995-A. Reference is made to the Registration Statement, as
amended, of Registrant on Form S-3, Registration No. 33-82064, under the
Securities Act of 1933, as amended (the "Securities Act") and to the Prospectus
Supplement thereto dated November 21, 1995, filed in connection therewith
pursuant to Rule 424(b) with the Securities and Exchange Commission under the
Securities Act, which describes further said Certificates and the offering
thereof.
AFG Receivables Trust 1996-A
The Registrant, as Seller, entered into a certain Pooling and Servicing
Agreement dated as of February 1, 1996 with AFG, as Servicer, and The Chase
Manhattan Bank (formerly known as Chemical Bank), as Trustee. Pursuant to said
Agreement, AFG was appointed Servicer of the loans underlying a new series of
Certificates representing interests in the AFG Receivables Trust, 1996-A.
Reference is made to the Registration Statement, as amended, of Registrant on
Form S-3, Registration No. 33-99536, under the Securities Act and to the
Prospectus Supplement thereto dated February 13, 1996, filed in connection
therewith pursuant to Rule 424(b) with the Securities and Exchange Commission
under the Securities Act, which describes further said Certificates and the
offering thereof.
AFG Receivables Trust 1996-B
The Registrant, as Seller, entered into a certain Pooling and Servicing
Agreement dated as of May 1, 1996 with AFG, as Servicer, and The Chase
Manhattan Bank (formerly known as Chemical Bank), as Trustee. Pursuant to said
Agreement, AFG was appointed Servicer of the loans underlying a new series of
Certificates representing interests in the AFG Receivables Trust, 1996-B.
Reference is made to the Registration Statement, as amended, of Registrant on
Form S-3, Registration No. 33-99536, under the Securities Act and to the
Prospectus Supplement thereto dated May 22, 1996, filed in connection therewith
pursuant to Rule 424(b) with the Securities and Exchange Commission under the
Securities Act, which describes further said Certificates and the offering
thereof.
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AFG Receivables Trust 1996-C
The Registrant, as Seller, entered into a certain Pooling and Servicing
Agreement dated as of August 1, 1996 with AFG, as Servicer, and The Chase
Manhattan Bank (formerly known as Chemical Bank), as Trustee. Pursuant to said
Agreement, AFG was appointed Servicer of the loans underlying a new series of
Certificates representing interests in the AFG Receivables Trust, 1996-C.
Reference is made to the Registration Statement, as amended, of Registrant on
Form S-3, Registration No. 33-99536, under the Securities Act and to the
Prospectus Supplement thereto dated August 12, 1996, filed in connection
therewith pursuant to Rule 424(b) with the Securities and Exchange Commission
under the Securities Act, which describes further said Certificates and the
offering thereof.
AFG Receivables Trust 1996-D
The Registrant, as Seller, entered into a certain Pooling and Servicing
Agreement dated as of November 1, 1996 with AFG, as Servicer, and The Chase
Manhattan Bank (formerly known as Chemical Bank), as Trustee. Pursuant to said
Agreement, AFG was appointed Servicer of the loans underlying a new series of
Certificates representing interests in the AFG Receivables Trust, 1996-D.
Reference is made to the Registration Statement, as amended, of Registrant on
Form S-3, Registration No. 33-99536, under the Securities Act and to the
Prospectus Supplement thereto dated November 12, 1996, filed in connection
therewith pursuant to Rule 424(b) with the Securities and Exchange Commission
under the Securities Act, which describes further said Certificates and the
offering thereof.
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Effective April 1, 1998, Key Bank USA, National Association ("Key Bank
USA"), an affiliate of AFG, succeeded to all assets and liabilities of AFG. Such
succession was effected as follows: (i) 100% of the capital stock of AFG was
transferred by its parent, KeyCorp, to Key Bank USA, a wholly-owned subsidiary
of KeyCorp and (ii) AFG liquidated and Key Bank USA, by operation of law,
succeeded to all assets and liabilities of AFG. Accordingly, effective April 1,
1998, Key Bank USA is the lawful successor to AFG, as Servicer, under the
Pooling and Servicing Agreements referenced above.
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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.
Dated: April 2, 1998 AFG RECEIVABLES CORPORATION
By /s/ Thomas R. Blend
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Thomas R. Blend
Vice President and
Chief Financial Officer
