-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N3pU0lsiaAHObX8/4UIUAmzNbIPkpSzxTqdEKOyh5Ht9LWQasIM4H+xujMu2k1rW UO2mOutyFDHanmzMtTUCaw== 0000893220-99-001090.txt : 19990923 0000893220-99-001090.hdr.sgml : 19990923 ACCESSION NUMBER: 0000893220-99-001090 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990920 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990922 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANTA REVOLVING HOME EQUITY LOAN TRUST 1999 B CENTRAL INDEX KEY: 0001095226 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 880360305 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-75295-02 FILM NUMBER: 99714839 BUSINESS ADDRESS: STREET 1: WELSH & MCKEON ROADS CITY: SPRING HOUSE STATE: PA ZIP: 19477 BUSINESS PHONE: 2156574000 MAIL ADDRESS: STREET 1: WELSH & MCKEON ROADS CITY: SPRING HOUSE STATE: PA ZIP: 19477 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANTA CONDUIT RECEIVABLES INC CENTRAL INDEX KEY: 0001082751 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 880360305 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-75295 FILM NUMBER: 99714840 BUSINESS ADDRESS: STREET 1: WELSH & MCKEON ROADS CITY: SPRING HOUSE STATE: PA ZIP: 19477 BUSINESS PHONE: 2156574000 MAIL ADDRESS: STREET 1: WELSH & MCKEON ROADS CITY: SPRING HOUSE STATE: PA ZIP: 19477 8-K 1 ADVANTA REVOLVING HOME EQUITY LOAN TRUST 1999-B 1 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) September 20, 1999 Advanta Conduit Receivables, Inc., as Sponsor on behalf of Advanta Revolving Home Equity Loan Trust 1999-B (Exact name of registrant as specified in its charter) Nevada 333-75295 88-0360305 (State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Identification Incorporation) No.)
Advanta Conduit Receivables, Inc. (Exact name of registrant as specified in its charter) Nevada 333-77927 88-0360305 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) ID Number) Attention: General Counsel 10790 Rancho Bernardo Road San Diego, California 92127 (Address of principal executive (Zip Code) offices) Registrant's Telephone Number, including area code: (619) 674-1800
(Former name or former address, if changed since last report) 2 Item 5. Other Events Incorporation of Certain Documents by Reference The consolidated financial statements of Ambac Assurance Corporation and subsidiaries as of December 31, 1998 and December 31, 1997, and for each of the years in the three-year period ended December 31, 1998, prepared in accordance with generally accepted accounting principles, included in the Annual Report on Form 10-K of Ambac Financial Group, Inc. (which was filed with the Securities and Exchange Commission on March 30, 1999; Commission File Number 1-10777) and the unaudited consolidated financial statements of Ambac Assurance Corporation and subsidiaries as of June 30, 1999, and for the periods ended June 30, 1999 and June 30, 1998, included in the Quarterly Report on Form 10-Q of Ambac Financial Group, Inc. for the period ended June 30, 1999 (which was filed with the Securities and Exchange Commission on August 13, 1999) are hereby incorporated by reference in (i) this Current Report on Form 8-K; (ii) the registration statement (No. 333-75295) of the registrant; and (iii) the preliminary prospectus supplement, and shall be deemed to be part hereof and thereof. In connection with the issuance of the Certificates, the Company is filing herewith the consent of KPMG LLP ("KPMG") to the use of their name and the incorporation by reference of their report in the preliminary prospectus supplement relating to the issuance of the Certificates. The consent of KPMG is attached hereto as Exhibit 23.1. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (a) Not applicable. (b) Not applicable. (c) Exhibits:
Exhibit No. Description ----------- ----------- 23.1 Consent of KPMG LLP
2 3 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. ADVANTA REVOLVING HOME EQUITY LOAN TRUST 1999-B By: Advanta Conduit Receivables, Inc. By: ------------------------------------- Name: Michael Coco Title: Vice President ADVANTA CONDUIT RECEIVABLES, INC. By: ------------------------------------- Name: Michael Coco Title: Vice President Dated: September 20, 1999 3 4 EXHIBIT INDEX
Exhibit No. Description - ----------- ----------- 23.1 Consent of KPMG LLP
4 EX-23.1 2 CONSENT OF KPMG LLP 1 EXHIBIT 23.1 INDEPENDENT AUDITORS' CONSENT The Board of Directors Ambac Assurance Corporation: We consent to the incorporation by reference in the registration statement (No. 333-75295) of Advanta Conduit Receivables, Inc. (the "Registrant") relating to the Advanta Revolving Home Equity Trust 1999-B and in the Preliminary Prospectus Supplement of the Registrant (the "Preliminary Prospectus Supplement") via the Form 8-K of the Registrant dated September 15, 1999, of our report dated January 27, 1999 on the consolidated financial statements of Ambac Assurance Corporation and subsidiaries as of December 31, 1998 and 1997, and for each of the years in the three-year period ended December 31, 1998 which report appears in the Form 10-K of Ambac Financial Group, Inc., which was filed with the Securities and Exchange Commission on March 30, 1999 and to the reference to our firm under the heading "Experts" in the Preliminary Prospectus Supplement. /s/ KPMG LLP New York, New York September 20, 1999 -----END PRIVACY-ENHANCED MESSAGE-----