-----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, F6T3sRkcGsh4lyfs8g2Qpe+qfjMXQMeVjiJIMOMDPOCchS/ERzkZ8HU2nc6mCLbi f5epTzubywZh3d5k0kZ30g== 0001011723-02-000171.txt : 20021101 0001011723-02-000171.hdr.sgml : 20021101 20021101143637 ACCESSION NUMBER: 0001011723-02-000171 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20021101 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATEL CAPITAL EQUIPMENT FUND IX LLC CENTRAL INDEX KEY: 0001125264 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 943375584 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-47196 FILM NUMBER: 02806554 BUSINESS ADDRESS: STREET 1: 235 PINE ST STREET 2: 6TH FLR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4159898800 MAIL ADDRESS: STREET 1: 235 PINE STREET STREET 2: 6TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 424B3 1 atel9424b3.txt SUPPLEMENT NO. 4
- ---------------------------------------------------------------------------------------------------------------------------------- ATEL CAPITAL EQUIPMENT FUND IX, LLC ----------------------------------- This Acquisition Summary Supplement dated September 30, 2002 is to be used in conjunction with Prospectus Sticker (MU-DD-9-01) and Supplement No. 4* dated August 31, 2002 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------- ---------------------------- ---------------------------- ---------------------------- Basin Electric Power Co-op** General Electric Company Nortel Networks, Inc.** Photuris, Inc.(6)(7) (4)(5) - ---------------------------- ---------------------------- ---------------------------- ---------------------------- Moody's Credit Rating:(1) Moody's Credit Rating:(1) Moody's Credit Rating:(1) Moody's Credit Rating:(1) A3 Aaa A2 NR Lease Financing of Lease Financing of Lease Financing of Lease Financing of Walking Drag Line Manufacturing Equipment Office Furniture Office Equipment & Furniture Lease Term(2) Lease Term(2) Lease Term(2) Lease Term(2) 60 - 72 months 36 - 84 months 83 months 36 months Equipment Cost(3) Equipment Cost(3) Equipment Cost(3) Equipment Cost(3) Fully Funded: $11,315,397 Funded to Date: $9,370,159 Fully Funded: $1,065,692 Fully Funded: $1,000,000 Lease Commitments: $1,534,003 Commencement Date of Lease Commencement Date of Lease Commencement Date of Lease Commencement Date of Lease July 2000 - January 2001 December 2000 - September 2002 March 2001 March 2001 - ---------------------------- ---------------------------- ---------------------------- ---------------------------- - ---------------------------- ---------------------------- ---------------------------- ---------------------------- National Gypsum Company Williams Distributed Power CVS Corporation Silicon Access Networks Svs. Inc. (6)(9) (Guarantor: The Williams Co, Inc.)(8) - ---------------------------- ---------------------------- ---------------------------- ---------------------------- Moody's Credit Rating:(1) Moody's Credit Rating:(1) Moody's Credit Rating:(1) Moody's Credit Rating:(1) Baa1 Baa1 A3 NR-W Lease Financing of Lease Financing of Lease Financing of Lease Financing of Tractor & CAT Equipment Micro Turbine Systems Material Handling & Computer Peripherals Phone Equipment Lease Term(2) Lease Term(2) Lease Term(2) Lease Term(2) 47-60 months 60 months 60 months 24 - 30 months Equipment Cost(3) Equipment Cost(3) Equipment Cost(3) Equipment Cost(3) Funded To Date: $4,406,470 Fully Funded: $717,356 Fully Funded: $802,870 Fully Funded: $997,927 Lease Committment: $2,824,455 Commencement Date of Lease Commencement Date of Lease Commencement Date of Lease Commencement Date of Lease April 2001 - September 2002 April 2001 July 2001 - January 2002 August 2001 - April 2002 - ---------------------------- ---------------------------- ---------------------------- ---------------------------- - ---------------------------- ---------------------------- ---------------------------- ---------------------------- Zeevo, Inc. (6)(10) Sony Pictures Entertainment, Graham Offshore, Inc. Seacor Marine, Inc. Inc. (Guarantor: Seacor Smit, (Guarantor: Seacor Smit, Inc.) Inc.) - ---------------------------- ---------------------------- ---------------------------- ---------------------------- Moody's Credit Rating:(1) Moody's Credit Rating:(1) Moody's Credit Rating:(1) Moody's Credit Rating:(1) NR-W NR Baa3 Baa3 Lease Financing of Lease Financing of Lease Financing of Lease Financing of Computer Peripherals Sony Digital Recorders Crew & Supply Boats Supply Boat & Equipment Lease Term(2) Lease Term(2) Lease Term(2) Lease Term(2) 24 months 36 months 60 months 60 months Equipment Cost(3) Equipment Cost(3) Equipment Cost(3) Equipment Cost(3) Fully Funded: $370,429 Fully Funded: $762,524 Fully Funded: $9,500,000 Fully Funded: $1,700,000 Commencement Date of Lease Commencement Date of Lease Commencement Date of Lease Commencement Date of Lease September 2001 - April 2002 November 2001 January 2002 January 2002 - ---------------------------- ---------------------------- ---------------------------- ---------------------------- ---------------------------- ---------------------------- ------------------------------ General Motors Corporation** Johnson Technology, Inc. Peabody Holding Company, Inc. (Guarantor: General Electric (Guarantor: Peabody Energy Co.) Corp.) ---------------------------- ---------------------------- ------------------------------ Moody's Credit Rating:(1) Moody's Credit Rating:(1) Moody's Credit Rating:(1) A2 Aaa Ba2/BB Lease Financing of Lease Financing of Lease Financing of Material Handling EDM Speed Drillers Underground Mining Equipment Lease Term(2) Lease Term(2) Lease Term(2) 26-70 months 84 months 60 months Equipment Cost(3) Equipment Cost(3) Equipment Cost(3) Fully Funded: $2,910,436 Fully Funded: $2,213,910 Fully Funded: $5,111,435 Commencement Date of Lease Commencement Date of Lease Commencement Date of Lease March 2002 February - September 2002 October 2002 ---------------------------- ---------------------------- ---------------------------- * Supplement to Prospectus dated January 16, 2001. ** This is a Syndicated Transaction. Lease term represents the remaining months of the existing lease contracts.
1 - -------------------------------------------------------------------------------- ATEL CAPITAL EQUIPMENT FUND IX, LLC Acquisition Summary - -------------------------------------------------------------------------------- ---------------------------- ---------------------------- Schlumberger Technology Dow Chemical Company Corporation ---------------------------- ---------------------------- Moody's Credit Rating:(1) Moody's Credit Rating:(1) A1 A3 Lease Financing of Lease Financing of Covered Hoppers & Cement Cars Tank Cars, Locomotives, Covered Hoppers Lease Term(2) Lease Term(2) TBD TBD Equipment Cost(3) Equipment Cost(3) Lease Commitment: $1,158,990 Lease Commitment: $1,002,008 Commencement Date of Lease Commencement Date of Lease TBD TBD ---------------------------- ---------------------------- -------------------------------------------- ATEL CAPITAL EQUIPMENT FUND IX, LLC -------------------------------------------- Portfolio Credit Rating(11) A1 Total Equipment Cost As of September 30, 2002 Funded to Date $52,244,605 Commitments to be Funded(12) $6,519,456 Total Fundings and Commitments $58,764,061 -------------------------------------------- Footnotes: (1) Credit rating as listed by Moody's Investor Services as of the date of this report. "N/R" signifies that either the company has no public debt or has not been issued a rating. "BaaCE" indicates a credit equivalent of Baa or better as determined by the General Partner. The credit rating of guaranteed Leases is that of the Guarantor. (2) "Lease Term" is expressed in terms of months, although actual Lease Terms may be monthly, quarterly, semiannual or annual. (3) "Equipment Cost" includes either amounts committed to Lessees for funding by the Program, or actual Equipment acquisition costs as of September 30, 2002. All figures are rounded to the nearest dollar. For any transactions which are not fully funded, the "Equipment Cost" may change as a result of ongoing fundings. To the extent that the transaction is not fully funded, the information in the table represents the Managing Member's best estimates as to the size, timing and terms of the transaction upon full funding, based on the outstanding lease commitment, its discussions with the lessee, the current and anticipated availability of Fund capital and other factors. There can be no assurance, however, that the portion of the transaction which has not been funded will be completed as described. (4) Acquisition Cost represents a 25% interest in the equipment (purchased from Bank of America, NA). Lease term represents the remaining months of the existing lease contract. (5) Acquisition Cost represents an additional 17.5% interest in the equipment (purchased from BNY Capital Resources Corporation). Lease term represents the remaining months of the existing lease contract. (6) Acquisition Cost equals 50% of the total funded for the lessee. The other 50% is owned by other ATEL partnership. (7) Photuris shall execute and deliver to ATEL a warrant to purchase a number of shares of the Series B Preferred Stock equal to $45,000. (8) Acquisition Cost equals 77% of the total funded for lessee. The other 23% is owned by other ATEL partnership. (9) ATEL may be able to purchase a warrant to purchase 22,935 shares of Silicon's Series D Preferred Stock at a price per share of $6.54. (10) ATEL may be able to purchase a warrant to purchase 29,101 shares of Zeevo's Series C Preferred Stock at a price per share of $3.78. (11) Portfolio Credit Rating reflects the weighted average credit rating as defined in the Prospectus for the top 75% of the equipment acquired with Net Proceeds. (12) Additional Commitments reflect the expected funding amount of additional transactions currently approved for funding in ATEL Capital Equipment Fund IX. Status of the Offering: As of September 30, 2002, the Fund had received and accepted subscriptions for a total of 8,758,408 units, for total subscription proceeds in the amount of $87,584,080. 2 -----END PRIVACY-ENHANCED MESSAGE-----