This will result in a termination of all of the outstanding Capital Auto Receivables Asset Trust 2002-1 Class A-4 4.160% Asset Backed Notes and all of the outstanding Capital Auto Receivables Asset Trust 2002-1 Class B 4.070% Asset Backed Certificates.
The Notes will be purchased at $473.41698128 per $1,000 face amount, plus accrued interest from April 15, 2005. A total of $469,374,000.00 of Capital Auto Receivables Asset Trust 2002-1 Class A-4 4.160% Asset Backed Notes were sold to the public in January 2002.
The Notes may be presented and surrendered for payment to JPMorgan Chase Bank, Institutional Trust Services, P.O. Box 2320, Dallas, TX 75221-2320. Interest on the Notes will cease to accrue on and after May 16, 2005.
The Certificates will be purchased at $130.68279225 per $1,000 face amount, plus accrued interest from April 15, 2005. A total of $102,504,338.63 of Capital Auto Receivables Asset Trust 2002-1 Class B 4.070% Asset Backed Certificates were sold to the public in January 2002.
The Certificates may be presented and surrendered for payment to Deutsche Bank, DB Services Tennessee, Inc., Corporate Trust & Agency Services, Securities Payment Unit, 648 Grassmere Park Road, Nashville, TN, 37211. Interest on the Certificates will cease to accrue on and after May 16, 2005.