-----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, WtiKWf/yTJ9z6ls15zly6AEyyfdG8wp4vMM3yB+E9MM8McRsTxrk63z3FF0DlrQX cJH8FEkKzBgAYY7inwngWw== 0000898822-97-000919.txt : 19971010 0000898822-97-000919.hdr.sgml : 19971010 ACCESSION NUMBER: 0000898822-97-000919 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971009 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICA FIRST FINANCIAL FUND 1987-A LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0000818789 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 470713310 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: SEC FILE NUMBER: 000-16918 FILM NUMBER: 97693122 BUSINESS ADDRESS: STREET 1: 950 TOWER LANE SUITE 600 CITY: FOSTER CITY STATE: CA ZIP: 94404 BUSINESS PHONE: 4153586394 MAIL ADDRESS: STREET 2: 950 TOWER LANE SUITE 600 CITY: FOSTER CITY STATE: CA ZIP: 94404 DEFA14A 1 SCHEDULE 14A INFORMATION SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the Registrant [X] Filed by a Party other than the Registrant [_] Check the appropriate box: [ ] Preliminary Proxy Statement [_] Confidential, for Use of the [ ] Definitive Proxy Statement Commission Only (as permitted by [X] Definitive Additional Materials Rule 14a-6(e)(2)) [ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12 AMERICA FIRST FINANCIAL FUND 1987-A LIMITED PARTNERSHIP (NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) ------------------------------------------ (NAME OF PERSON(S) FILING PROXY STATEMENT, IF OTHER THAN THE REGISTRANT) Payment of Filing Fee (Check the appropriate box): [X] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies. ------------------------------------------------------------------- (2) Aggregate number of securities to which transaction applies: ------------------------------------------------------------------- (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): ------------------------------------------------------------------- (4) Proposed maximum aggregate value of transactions: ------------------------------------------------------------------- (5) Total fee paid: ------------------------------------------------------------------- [_] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of this filing. (1) Amount Previously Paid: ------------------------------------------------------------------- (2) Form, Schedule or Registration Statement No.: ------------------------------------------------------------------- (3) Filing Party: ------------------------------------------------------------------- (4) Date Filed: ------------------------------------------------------------------- -2- [Letter to holders of the Registrant's BUCs] [America First Companies Letterhead] October 10, 1997 Dear BUC Holder: The illustration set forth on the cover page, page 10 and page 44 of the Joint Solicitation Statement/Prospectus erroneously states that, based on the closing price of Bay View Common Stock on September 15, 1997 of $26.9375 per share, and assuming this price represents the Average Bay View Stock Price, and assuming that the Partnership Expenses and the Reserves are equal to the maximum of the estimates set forth in the Joint Solicitation Statement/Prospectus, each BUC holder would receive in the Distribution with respect to each BUC $10.89 in cash and 1.13 shares of Bay View Common Stock on a per BUC basis. In fact, based upon these assumptions, each BUC holders would receive in the Distribution with respect to each BUC approximately $10.85 in cash and approximately 1.167 shares of Bay View Common Stock on a per BUC basis. Based on the closing price of Bay View Common Stock on the September 15, 1997 of $26.9375 per share, such amount of cash and shares of Bay View Common Stock would have an aggregate value of approximately $42.28 per BUC. Based on the closing price of Bay View Common Stock on October 6, 1997 of $28.50 per share, and assuming this price represents the Average Bay View Stock Price, and assuming that the Partnership Expenses and the Reserves are equal to the maximum of the estimates set forth in the Joint Solicitation Statement/ Prospectus, BUC holders would receive in the Distribution with respect to each BUC approximately $10.79 in cash and approximately 1.160 shares of Bay View Common Stock and the aggregate value of such amount of cash and Bay View Common Stock would be approximately $43.85 per BUC. The foregoing estimate of amounts to be distributed to BUC Holders in the Distribution is subject to a number of factors, including without limitation the Average Bay View Stock Price, the amount of liabilities, obligations and expenses of the Partnership at the time of the Distribution, and the amount of reserves that the General Partner deems reasonably necessary for any contingent or unforeseen liabilities or obligations of the Partnership. Defined terms used herein have the meaning set forth in the Joint Solicitation Statement/Prospectus. -3- -----END PRIVACY-ENHANCED MESSAGE-----