SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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) September 25, 2000.
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Oakwood Mortgage Investors, Inc.
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(Exact name of registrant as specified in charter)
Nevada 333-72621 88-0396566
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
101 Convention Center Drive, Suite 850, Las Vegas, Nevada 89109
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (702) 949-0056
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(Former name or former address, if changed since last report.)
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Item 5. Other Events.
On or about September 25, 2000 the Registrant expects to enter into an
underwriting agreement with Credit Suisse First Boston Corporation and
Prudential Securities, Inc. (the "Underwriters"), pursuant to which the
Underwriters will agree to purchase and offer for sale to the public,
approximately $247,936,000 aggregate initial principal amount of the
Registrant's Senior/Subordinated Pass-Through Certificates, Series 2000-C, Class
A-1, Class M-1, Class M-2 and Class B-1 (the "Offered Securities"). The Offered
Securities will be registered for sale under the Registrant's effective shelf
Registration Statement on Form S-3 (333-72621), and will be offered pursuant to
a Prospectus, dated September 25, 2000, and a related Prospectus Supplement,
dated September 25, 2000, to be filed with the Securities and Exchange
Commission pursuant to the Securities Act of 1933, as amended and Rule 424
thereunder.
In connection with the offering of the Offered Securities, the
Underwriters have prepared and disseminated to potential purchasers certain
"Series Term Sheets," "Computational Materials," and/or "Structural Terms
Sheet(s)" as such terms are defined in the No-Action response letter to
Greenwood Trust Company, Discover Card Master Trust I (publicly available April
5, 1996), in the No-Action response letter to Kidder, Peabody & Co.,
Incorporated and certain affiliates thereof (publicly available May 20, 1994)
and in the No-Action Letter response letter to Cleary, Gottlieb, Steen &
Hamilton on behalf of the Public Securities Association (publicly available
February 17, 1995), respectively. In accordance with such No-Action letters, the
Registrant is filing herewith such Series Term Sheets, Computational Materials,
and/or Structural Terms Sheets as Exhibit 99.1 and 99.2.
In addition, the Registrant is filing Exhibits 5.1, 8.1 and 23.1 listed
in Item 7(c) below in connection with the proposed issuance of the Offered
Securities.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits.
(c) Exhibits.
5.1 Legality Opinion of Messrs. Hunton & Williams
8.1 Tax Opinion of Messrs. Hunton & Williams (included in Exhibit 5.1)
23.1 Consent of Messrs. Hunton & Williams (included in Exhibit 5.1)
99.1 Copy of "Series Term Sheets," "Computational Materials," and/or
"Structural Terms Sheets" as provided by the Underwriters.
99.2 Copy of "Series Term Sheets," "Computational Materials," and/or
"Structural Terms Sheets" as provided by the Underwriters.
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Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
September 25, 2000 OAKWOOD MORTGAGE INVESTORS, INC.
By: /s/ Dennis W. Hazelrigg
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Name: Dennis W. Hazelrigg
Title: President
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INDEX TO EXHIBITS
Page
5.1 Legality Opinion of Messrs. Hunton & Williams....[Electronic Format]
8.1 Tax Opinion of Messrs. Hunton & Williams
(included in Exhibit 5.1) .......................[Electronic Format]
23.1 Consent of Messrs. Hunton & Williams
(included in Exhibit 5.1)........................[Electronic Format]
99.1 Copy of "Series Term Sheets," "Computational
Materials," and/or "Structural Terms Sheets"
as provided by the Underwriters..................[Electronic Format]
99.2 Copy of "Series Term Sheets," "Computational
Materials," and/or "Structural Terms Sheets"
as provided by the Underwriters..................[Electronic Format]
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