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) June 8, 1998
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CASE RECEIVABLES II INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 33-99298 76-0439709
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
233 Lake Avenue, Racine, Wisconsin 53403
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (414) 636-6011
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233 Lake Avenue, Racine, Wisconsin 53403
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events
In the Prospectus Supplement dated February 23, 1998, issued under
Registration Statement No. 33-99298, the Registrant stated that, following
the end of the Funding Period, it would file a report on Form 8-K
containing information comparable to that contained in the tables set forth
therein regarding the characteristics of the Receivables Pool of Case
Equipment Loan Trust 1998-A upon completion of the Funding Period.
Following below is such information:
Composition of the Receivables
as of the end of the Funding Period
Weighted Weighted Weighted
Average Aggregate Average Average Average
APR of Contract Number of Remaining Original Contract
Receivables Value Receivables Term Term Value
- ----------- --------- ----------- ---------- ----------- --------
8.717% $591,271,886.71 16,169 46.71 months 52.32 months $36,568.24
Distribution by APR of the Receivables
as of the end of the Funding Period
Aggregate Percent of
Number of Contract Aggregate
APR Range Receivables Value Contract Value
3.00% to 3.99% 457 7,378,555.91 1.25%
4.00% to 4.99% 83 8,744,802.07 1.48%
5.00% to 5.99% 629 15,644,392.30 2.65%
6.00% to 6.99% 1,456 32,237,150.61 5.45%
7.00% to 7.99% 2,505 72,535,746.92 12.27%
8.00% to 8.99% 3,250 211,688,914.45 35.80%
9.00% to 9.99% 2,741 129,336,966.36 21.87%
10.00% to 10.99% 3,835 83,252,908.06 14.08%
11.00% to 11.99% 711 17,813,589.80 3.01%
12.00% to 12.99% 258 7,435,495.50 1.26%
13.00% to 13.99% 187 3,697,904.95 0.63%
14.00% to 14.99% 36 652,161.50 0.11%
15.00% to 15.99% 5 212,862.57 0.04%
16.00% to 16.99% 5 111,620.25 0.02%
17.00% to 17.99% 11 528,815.46 0.09%
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Total 16,169 591,271,886.71 100.00%
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Distribution by Equipment Type of the Receivables
as of the end of the Funding Period
Percent of
Aggregate Aggregate
Number of Contract Contract
Type Receivables Value Value
Agricultural
New 4,227 $169,614,049.01 28.69%
Used 6,401 208,290,953.51 35.23
Construction
New 3,112 134,478,051.38 22.74
Used 2,429 78,888,832.81 13.34
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Total 16,169 $591,271,886.71 100.00%
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Distribution by Payment Frequency of the Receivables
as of the end of the Funding Period
Percent of
Aggregate Aggregate
Number of Contract Contract
Frequency Receivables Value Value
- --------- ----------- --------- --------
Annual 8,119 $319,248,315.77 53.99%
Semiannual 647 30,926,887.82 5.23
Quarterly 147 3,447,333.85 0.58
Monthly 7,256 237,649,349.27 40.19
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Total 16,169 $591,271,886.71 100.00%
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Distribution by Current Value of the Receivables
as of the end of the Funding Period
Percent of
Contract Aggregate Aggregate
Value Number of Contract Contract
Range Receivables Value Value
------- ----------- --------- -----------
$ (0) - 4,999 1,359 $ 4,550,965.02 0.77%
5,000 - 9,999 2,396 17,745,265.82 3.00
10,000 - 14,999 2,183 27,135,049.77 4.59
15,000 - 19,999 1,607 27,890,183.99 4.72
20,000 - 24,999 1,116 24,903,540.81 4.21
25,000 - 29,999 871 23,835,990.07 4.03
30,000 - 34,999 810 26,252,275.23 4.44
35,000 - 39,999 709 26,498,714.05 4.48
40,000 - 44,999 623 26,390,466.08 4.46
45,000 - 49,999 532 25,225,029.41 4.27
50,000 - 54,999 509 26,666,192.01 4.51
55,000 - 59,999 426 24,429,527.07 4.13
60,000 - 64,999 350 21,860,357.22 3.70
65,000 - 69,999 308 20,734,575.02 3.51
70,000 - 74,999 291 21,080,874.91 3.57
75,000 - 99,999 980 84,932,600.03 14.36
100,000 - 199,999 976 124,205,794.90 21.01
200,000 - 299,999 83 20,259,929.44 3.43
300,000 - 499,999 35 12,958,000.16 2.19
500,000 - 699,999 2 1,058,202.10 0.18
700,000 - 899,999 1 724,874.620.12 0.12
900,000 - 1,099,999 2 1,933,47 0.33 0.33
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Total 16,169 $591,271,886.71 100.00%
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Geographic Distribution of the Receivables
as of the end of the Funding Period
Percent of Percent of
Aggregate Aggregate
State(1) Contract Value State Contract Value
Alabama.................... 2.87% Nebraska....................... 3.54%
Alaska..................... 0.22 Nevada......................... 0.62
Arizonza................... 1.16 New Hampshire.................. 0.23
Arkansas................... 3.75 New Jersey..................... 0.77
California................. 2.63 New Mexico..................... 0.29
Colorado................... 2.11 New York....................... 1.66
Connecticut................ 0.23 North Carolina................. 2.33
Delaware................... 0.43 North Dakota................... 1.09
Florida.................... 1.39 Ohio........................... 3.23
Georgia.................... 2.94 Oklahoma....................... 1.71
Hawaii..................... 0.07 Oregon......................... 1.11
Idaho...................... 1.43 Pennsylvania................... 1.92
Illinois .................. 7.62 Rhode Island................... 0.01
Indiana.................... 3.24 South Carolina................. 1.03
Iowa....................... 6.83 South Dakota ................. 2.47
Kansas ................... 2.72 Tennessee...................... 2.77
Kentucky................... 1.81 Texas.......................... 7.10
Louisiana.................. 1.94 Utah........................... 0.58
Maine...................... 0.34 Vermont........................ 0.27
Maryland................... 0.97 Virginia....................... 1.01
Massachusetts.............. 0.25 Washington..................... 1.75
Michigan................... 2.51 West Virginia.................. 0.20
Minnesota.................. 4.97 Wisconsin...................... 2.05
Mississippi ............. 3.62 Wyoming........................ 0.52
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Missouri................... 4.76
Montana.................... 0.91 Total......................100.00%
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(1) Based on billing addresses of Obligors.
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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 hereunto duly authorized.
CASE RECEIVABLES II INC.
(Registrant)
Dated: July 2, 1998 By: /s/ Peter Hong
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Peter Hong
Treasurer
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