8-K 1 k26641e8vk.htm CURRENT REPORT, DATED MAY 12, 2008 e8vk
 
 
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) May 12, 2008
Capital Auto Receivables Asset Trust 2008-2
(Issuing Entity with respect to Securities)
Capital Auto Receivables LLC
(Depositor with respect to Securities)
GMAC LLC
(Sponsor with respect to Securities)
         
Delaware   333-147112-02   26-6344073
         
(State or Other Jurisdiction of
Incorporation)
  (Commission File
Number)
  (I.R.S. Employer
Identification Number)
         
Mark E. Newman        
Capital Auto Receivables LLC        
200 Renaissance Center        
Detroit, Michigan       48265
         
(Address of principal       (Zip Code)
executive offices)        
Registrant’s Telephone Number, including area code: (313)656-6540
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 8.01. Incorporation of Certain Documents by Reference
     The registrant has filed a final prospectus supplement, dated May 6, 2008, setting forth a description of the collateral pool and the proposed structure of $285,000,000 aggregate principal balance of Class A-1 2.78345% Asset Backed Notes (the “Class A-1 Notes”), $100,000,000 aggregate principal balance of Class A-2a 3.74% Asset Backed Notes (the “Class A-2a Notes”), $400,000,000 aggregate principal balance of Class A-2b Floating Rate Asset Backed Notes (the “Class A-2b Notes,” collectively with the Class A-2a Notes, the “Class A-2 Notes”), $320,000,000 aggregate principal balance of Class A-3a 4.68% Asset Backed Notes (the “Class A-3a Notes”), $200,000,000 aggregate principal balance of Class A-3b Floating Rate Asset Backed Notes (the “Class A-3b Notes,” collectively with the Class A-3a Notes, the “Class A-3 Notes”), $187,002,000 aggregate principal balance of Class A-4 5.42% Asset Backed Notes (the “Class A-4 Notes”), $51,448,000 aggregate principal balance of Class B 6.46% Asset Backed Notes (the “Class B Notes”), $23,746,000 aggregate principal balance of Class C 7.96% Asset Backed Notes (the “Class C Notes”), and $7,915,000 aggregate principal balance of Class D 8.25% Asset Backed Notes (the “Class D Notes” and, the Class D Notes, together with the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes and the Class C Notes, the “Notes”), by Capital Auto Receivables Asset Trust 2008-2. Only the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes are being offered publicly for sale.
Item 9.01. Exhibits
     
Exhibit 5.1
  The following is filed as an Exhibit to this Report under Exhibit 5.1.
 
   
 
  Opinion of Counsel of Kirkland & Ellis LLP, dated as of May 12, 2008.
 
   
Exhibit 8.1
  The following is filed as an Exhibit to this Report under Exhibit 8.1.
 
   
 
  Opinion of Counsel of Kirkland & Ellis LLP, dated as of May 12, 2008.

 


 

SIGNATURES
     Pursuant to the requirements of Section 13 or 15(d) 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.
         
  CAPITAL AUTO RECEIVABLES LLC
 
 
  By:   /s/ William J. McGrane III    
    Name:   William J. McGrane III   
    Title:   Controller   
 
Dated: May 12, 2008

 


 

EXHIBIT INDEX
     
Exhibit No.   Description
 
   
EX 5.1
  Opinion of Counsel of Kirkland & Ellis LLP, dated as of May 12, 2008.
 
   
EX 8.1
  Opinion of Counsel of Kirkland & Ellis LLP, dated as of May 12, 2008.