Item 1. Business ------- --------
Not Applicable
Item 2.
Item 2. Properties ------- ----------
Not Applicable
Item 3.
Item 3. Legal Proceedings ------- -----------------
None
Item 4.
Item 4. Submission Of Matters To A Vote Of Security Holders. ------- ----------------------------------------------------
None
PART II -------
Item 5.
Item 5. Market For Registrant's Common Equity ------- And Related Stockholder Matters. --------------------------------
The Certificates representing investors' interests in the Trust are represented by a single Certificate registered in the name of Cede & Co., the nominee of The Depository Trust Company.
Item 6.
Item 6. Selected Financial Data ------- -----------------------
Not Applicable
Item 7.
Item 7. Management's Discussion and Analysis of Financial Condition and ------- Results of Operations ---------------------------------------------------------------
Not Applicable
Item 7A.
Item 7A. Quantitative and Qualitative Disclosure About Market Risk -------- ---------------------------------------------------------
Not Applicable
Item 8.
Item 8. Financial Statements and Supplementary Data ------- -------------------------------------------
Not Applicable
Item 9.
Item 9. Changes In And Disagreements With Accountants On Accounting ------- And Financial Disclosure. -----------------------------------------------------------
None
Item 10.
Item 10. Directors and Executive Officers of the Registrant -------- --------------------------------------------------
Not Applicable
Item 11.
Item 11. Executive Compensation -------- ----------------------
Not Applicable
PART III --------
Item 12.
Item 12. Security Ownership Of Certain Beneficial Owners And Management -------- --------------------------------------------------------------
(a) The Certificates of each Series representing investors' interests in the Trust are represented by one or more Certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company ("DTC"), and an investor holding an interest in the Trust is not entitled to receive a Certificate representing such interest except in certain limited circumstances. Accordingly, Cede & Co. is the sole holder of record of Certificates, which it held on behalf of brokers, dealers, banks and other direct participants in the DTC system at December 31, 2001. Such direct participants may hold Certificates for their own accounts or for the accounts of their customers. At December 31, 2001, the following direct DTC participants held positions in Certificates representing interests in the Trust equal to or exceeding 5% of the total principal amount of the Certificates of each Series outstanding on that date:
Aggregate Amount of Percentage
Title Certificates Of Class Name Held Ownership --------------- ---------------------------------------- ---------------- ------------
Class A(2001-1) Bank of New York (The) $ 141,041,000 14.10% Bankers Trust Company 115,507,000 11.55% Boston Safe Deposit and Trust Company 113,862,000 11.39% JPMorgan Chase Bank 186,303,000 18.63% SSB - Trust Custody 60,970,000 6.10% State Street Bank and Trust Company 102,400,000 10.24%
Class A(2001-2) Bank of New York (The) 110,000,000 22.00% Deutsche Bank A.G., New York Branch 200,000,000 40.00% JPMorgan Chase Bank 170,000,000 34.00%
Class A(2001-3) The Bank of New York/Barclays Capital-London $ 50,000,000 5.00% Boston Safe Deposit and Trust Company 299,640,000 29.96% Brown Brothers Harriman & CO. 50,000,000 5.00% Citibank, N.A. 75,000,000 7.50% JPMorgan Chase Bank 120,000,000 12.00% JPMorgan Chase Bank/CCSG 146,000,000 14.60% Morgan Stanley & CO. Incorporated 62,000,000 6.20% State Street Bank and Trust Company 75,000,000 7.50% United States Trust Company of New York 75,900,000 7.59%
Class A(2001-4) Bank of New York (The) $ 168,600,000 16.86% Boston Safe Deposit and Trust Company 192,300,000 19.23% Citibank, N.A. 60,875,000 6.09% Investors Bank & Trust Company 63,120,000 6.31% JPMorgan Chase Bank 339,000,000 33.90% Northern Trust Company (The) 50,500,000 5.05% State Street Bank and Trust Company 81,180,000 8.12%
Class A(2001-5) Citibank, N.A. $ 80,000,000 16.00% JPMorgan Chase Bank 390,000,000 78.00%
Class B(2001-1) Bank of New York (The) $ 42,000,000 16.80% Boston Safe Deposit and Trust Company 65,000,000 26.00% Bank of Tokyo-Mitsubishi Trust Company 15,000,000 6.00% JPMorgan Chase Bank 40,000,000 16.00% Lehman Brothers Bank, FSB 29,000,000 11.60% State Street Bank and Trust Company 56,000,000 22.40%
Class B(2001-2) Bank of New York (The) $ 70,000,000 28.00% Boston Safe Deposit and Trust Company 75,000,000 30.00% State Street Bank and Trust Company 90,000,000 36.00%
Class C(2001-1) Bank One Trust Company, N.A. $20,000,000 8.00% Boston Safe Deposit and Trust Company 50,000,000 20.00% Bank of Tokyo-Mitsubishi Trust Company 47,500,000 19.00% JPMorgan Chase Bank 46,500,000 18.60% JPMorgan Chase Bank/CCSG 25,000,000 10.00% LBI-Lehman Government Securities INC. (LBI) 25,000,000 10.00%
Class C(2001-3) Bank of New York (The) $ 33,057,000 8.26% Bank One Trust Company N.A./Public Employee Retirement 25,000,000 6.25% Boston Safe Deposit and Trust Company 75,630,000 18.91% Bank of Tokyo-Mitsubishi Trust Company 50,000,000 12.50% JPMorgan Chase Bank 23,920,000 5.98% Northern Trust Company (The) 50,220,000 12.56% State Street Bank and Trust Company 75,550,000 18.89%
Class C(2001-4) Bankers Trust Company $ 200,000,000 80.00% Sumitomo Trust & Banking CO. (U.S.A.) 20,000,000 8.00%
Class C(2001-5) Bankers Trust Company $ 75,700,000 50.47% Bear, Stearns Securities Corp. 22,500,000 15.00% ING Barings Corp. 10,000,000 6.67% JPMorgan Chase Bank 20,000,000 13.33% State Street Bank and Trust Company 10,550,000 7.03%
The address of each of the above participants is:
C/O The Depository Trust Company 55 Water Street New York, NY 10041
(b) Not Applicable
(c) Not Applicable
Item 13.
Item 13. Certain Relationships and Related Transactions __________
None
PART IV
Item 14.
Item 14. Exhibits, Financial Statement Schedules, And Reports On Form 8-K -------- ----------------------------------------------------------------
(a) The following documents are filed as part of this Report:
3. Exhibits:
99.01 Annual Accountant&#146;s reports including the attached MBNA Officer&#146;s Certificate each dated August 15, 2001 with respect to MBNA Master Trust II and the MBNA Credit Card Note Trust MBNA Series
Class B(2001-1), Class C(2001-1), and Class A(2001-1).
The Annual Accountant&#146;s reports with respect to the MBNA Master Trust II and the MBNA Credit Card Note Trust MBNA Series Class C(2001-2), Class A(2001-2), Class A(2001-3), Class B(2001-2), Class C(2001-4), Class A(2001-4, Class A(2001-5), and Class
C(2001-5). is not required until August 31, 2002.
99.02 Annual Servicer's Certificate dated August 15, 2001 with respect to the MBNA Master Trust II and the MBNA Credit Card Note Trust MBNA Series Class B (2001-1), Class C (2001-1), and Class A(2001-1).
The Annual Servicer&#146;s Certificate with respect to the MBNA Master Trust II and the MBNA Credit Card Note Trust MBNA Series Class C(2001-2), Class A(2001-2), Class A(2001-3), Class B(2001-2), Class C(2001-4), Class A(2001-4, Class A(2001-5), and Class
C(2001-5). is not required until August 31, 2002.
(b) Three reports on Form 8-K were filed by the registrant for each month during the quarter ended December 31, 2001. These reports filed on October 12 2001, November 14, 2001, and December 14, 2001 included the following:
Item 5. Other Events
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) See item 14(a) (3) above.
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 thereunto duly authorized.
MBNA America Bank, National Association As originator of Trust Registrant
Date: March 28, 2002 By: /s/ Christopher Harris
Christopher Harris First Vice President