EX-25.1 7 d60792_ex25-1.txt FORM T-1 Exhibit 25.1 CONFORMED COPY SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 -------------------------------------------------------------------------------- FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) HSBC Bank USA, National Association (Exact name of trustee as specified in its charter) N/A 20-1177241 (Jurisdiction of incorporation (I.R.S. Employer or organization if not a U.S. Identification No.) national bank) 90 Christiana Road New Castle, Delaware 19702 (Address of principal executive offices) (Zip Code) Warren L. Tischler, SVP HSBC Bank USA, National Association 452 Fifth Avenue New York, New York 10018-2706 Tel: (212) 525-1311 (Name, address and telephone number of agent for service) TEVECAP S.A. (Exact name of obligor as specified in its charter) The Federated Republic of Brazil N/A (State or other jurisdiction (I.R.S. Employer of incorporation or organization) Identification No.) Av. Das Nacoes Unidas, 7221-7(0) andar Sao Paulo, SP Brazil 05425-902 (55 11) 3037-5127 (Zip Code) (Address of principal executive offices) 12.625% Notes due 2009 (Title of Indenture Securities) General Item 1. General Information. Furnish the following information as to the trustee: (a) Name and address of each examining or supervisory authority to which it is subject. Comptroller of the Currency, New York, NY. Federal Deposit Insurance Corporation, Washington, D.C. Board of Governors of the Federal Reserve System, Washington, D.C. (b) Whether it is authorized to exercise corporate trust powers. Yes. Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation. None Item 3-15. Not Applicable Item 16. List of Exhibits Exhibit ------- T1A(i) (1) Copy of the Articles of Association of HSBC Bank USA, National Association. T1A(ii) (1) Certificate of the Comptroller of the Currency dated July 1, 2004 as to the authority of HSBC Bank USA, National Association to commence business. T1A(iii) Certificate of Fiduciary Powers dated August 18, 2004 for HSBC Bank USA, National Association T1A(iv) (1) Copy of the existing By-Laws of HSBC Bank USA, National Association. T1A(v) Not applicable. T1A(vi) Consent of HSBC Bank USA, National Association required by Section 321(b) of the Trust Indenture Act of 1939. T1A(vii) Copy of the latest report of condition of the trustee (June 30, 2004), published pursuant to law or the requirement of its supervisory or examining authority. T1A(viii) Not applicable. T1A(ix) Not applicable. (1) Exhibits previously filed with the Securities and Exchange Commission with Registration No. 333-118523 and incorporated herein by reference thereto. SIGNATURE Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, HSBC Bank USA, National Association a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of New York and State of New York on the 24th day of September, 2004. HSBC BANK USA, NATIONAL ASSOCIATION By: /s/ Frank J. Godino -------------------------------------- Frank J. Godino Vice President EXHIBIT T1A (iii) [LOGO] -------------------------------------------------------------------------------- Comptroller of the Currency Administrator of National Banks -------------------------------------------------------------------------------- Washington, D.C. 20219 CERTIFICATE OF FIDUCIARY POWERS I, John D. Ilawke, Jr., Comptroller of the Currency, do hereby certify that: 1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq., as amended, 12 U.S.C. 1, et seq., as amended, has possession, custody and control of all records pertaining to the chartering of all National Banking Associations. 2. "HSBC Bank USA, National Association," New Castle, Delaware, (Charter No. 24522) was granted, under the hand and seal of the Comptroller, the right to act in all fiduciary capacities authorized under the provisions of the Act of Congress approved September 28, 1962, 76 Stat. 668, 12 U.S.C. 92a, and the authority so granted remains in full force and effect on the date of this Certificate. IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused my seal of office to be affised to these presents at the Treasury Department in the City of Washington and District of Columbia, this August 18, 2004 [SEAL] /s/ John D. Hawke, Jr. ---------------------------------- Comptroller of the Currency EXHIBIT T1A (vi) Securities and Exchange Commission Washington, D.C. 20549 Dear Sirs: Pursuant to Section 321(b) of the Trust Indenture Act of 1939 and subject to the qualifications and limitation of 321(b) and the other provisions of the Trust Indenture Act of 1939, the undersigned HSBC Bank USA, National Association consents that reports of examinations by Federal, State, Territorial, or District authorities may be furnished by such authorities to the Commission upon request therefor. Dated as of: September 21, 2004 HSBC Bank USA, National Association By: /s/ Frank J. Godino ------------------------------- Frank J. Godino Vice President Exhibit T1A (vii) Board of Governors of the Federal Reserve System OMB Number: 7100-0036 Federal Deposit Insurance Corporation OMB Number: 3064-0052 Office of the Comptroller of the Currency OMB Number: 1557-0081 Federal Financial Institutions Examination Council Expires March 31, 2007 -------------------------------------------------------------------------------------------------------------------------------- Please refer to page i, Table of Contents, for |1| the required disclosure of estimated burden. --------------------------------------------------------------------------------------------------------------------------------
Consolidated Reports of Condition and Income for A Bank With Domestic and Foreign Offices--FFIEC 031 Report at the close of business June 30, 2004 (20040630) ---------- (RCRI 9999) This report is required by law; 12 U.S.C. ss.324 (State This report form is to be filed by banks with branches and member banks); 12 U.S.C. ss.1817 (State nonmember banks); consolidated subsidiaries in U.S. territories and and 12 U.S.C. ss.161 (National banks). possessions, Edge or Agreement subsidiaries, foreign branches, consolidated foreign subsidiaries, or International Banking Facilities. NOTE: The Reports of Condition and Income must be The Reports of Condition and Income are to be prepared in signed by an authorized officer and the Report of accordance with Federal regulatory authority instructions. Condition must be attested to by not less than two directors (trustees) for State nonmember banks and We, the undersigned directors (trustees), attest to the three directors for State member and National Banks. correctness of this Report of Condition (including the supporting schedules) and declare that it has been examined I, Joseph R. Simpson, Controller by us and to the best of our knowledge and belief has been ---------------------------------------------------- prepared in conformance with the instructions issued by the Name and Title of Officer Authorized to Sign Report appropriate Federal regulatory authority and is true and correct. Of the named bank do hereby declare that these Reports of Condition and Income (including the supporting schedules) have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and believe. /s/ Sal H. Alfieri ------------------------------------------------------------- Director (Trustee) /s/ Joseph R. Simpson /s/ Bernard J. Kennedy ----------------------------------------------------------- ------------------------------------------------------------- Signature of Officer Authorized to Sign Report Director (Trustee) 8/9/04 /s/ Martin Glynn ----------------------------------------------------------- ------------------------------------------------------------- Date of Signature Director (Trustee) -------------------------------------------------------------------------------------------------------------------------------- Submission of Reports Each Bank must prepare its Reports of Condition and For electronic filing assistance, contact EDS Call report Income either: Services, 2150 N. Prospect Ave., Milwaukee, WI 53202, telephone (800) 255-1571. (a) in electronic form and then file the computer data file directly with the banking agencies' collection agent, To fulfill the signature and attestation requirement for the Electronic Data System Corporation (EDS), by modem or Reports of Condition and Income for this report date, attach computer diskette; or this signature page to the hard-copy f the completed report or that the bank places in its files. b) in hard-copy (paper) form and arrange for another party to convert the paper report to automated for. That party (if other than EDS) must transmit the bank's computer data file to EDS. -------------------------------------------------------------------------------------------------------------------------------- FDIC Certificate Number | 0 | 0 | 5 | 8 | 9 | --------------------- (RCRI 9030) http://WWW.BANKING.US.HSBC.COM HSBC Bank USA, NATIONAL ASSOCIATION ----------------------------------------------------------- ------------------------------------------------------------- Primary Internet Web Address of Bank (Home Page), if any Legal Title of Bank (TEXT 9010) (TEXT 4087) (Example: www.examplebank.com) Buffalo ------------------------------------------------------------- City (TEXT 9130) N.Y. 14203 ------------------------------------------------------------- State Abbrev. (TEXT 9200) ZIP Code (TEXT 9220)
Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency REPORT OF CONDITION Consolidated domestic subsidiaries HSBC Bank USA, National Association of Buffalo -------------------------------------------------------------- Name of Bank City in the state of New York, at the close of business June 30, 2004
ASSETS Thousands of dollars Cash and balances due from depository institutions: ----------------------- a. Non-interest-bearing balances currency and coin $ 3,073,246 ------------------------------------------------------------------------------------------------------------- b. Interest-bearing balances 1,572,569 ------------------------------------------------------------------------------------------------------------- Held-to-maturity securities 3,978,492 ------------------------------------------------------------------------------------------------------------- Available-for-sale securities 13,371,662 ------------------------------------------------------------------------------------------------------------- Federal funds sold and securities purchased under agreements to resell: ------------------------------------------------------------------------------------------------------------- a. Federal funds sold in domestic offices 950,000 b. Securities purchased under agreements to resell 2,776,306 ----------------------- Loans and lease financing receivables: ----------------------- Loans and leases held for sale $ 1,595,838 ------------------------------------------------------------------------------------------------------------------------------------ Loans and leases net of unearned income $ 60,222,052 ------------------------------------------------------------------------------------------------------------- LESS: Allowance for loan and lease losses 346,538 ------------------------------------------------------------------------------------------------------------------------------------ Loans and lease, net of unearned income, allowance, and reserve $ 59,875,514 ------------------------------------------------------------------------------------------------------------- Trading assets 15,455,724 ------------------------------------------------------------------------------------------------------------- Premises and fixed assets 635,398 ------------------------------------------------------------------------------------------------------------- Other real estate owned 14,384 ------------------------------------------------------------------------------------------------------------- Investments in unconsolidated subsidiaries 266,145 ------------------------------------------------------------------------------------------------------------- Customers' liability to this bank on acceptances outstanding 73,749 ------------------------------------------------------------------------------------------------------------- Intangible assets: Goodwill 2,158,554 ------------------------------------------------------------------------------------------------------------- Intangible assets: Other intangible assets 479,931 ------------------------------------------------------------------------------------------------------------- Other assets 4,027,881 ------------------------------------------------------------------------------------------------------------- Total assets 110,305,393 ------------------------------------------------------------------------------------------------------------------------------------ LIABILITIES Deposits: ----------------------- In domestic offices 52,783,034 ------------------------------------------------------------------------------------------------------------------------------------ Non-interest-bearing 7,064,064 -------------------------------------------------------------------------------------- Interest-bearing 45,718,970 ------------------------------------------------------------------------------------------------------------------------------------ In foreign offices 22,640,665 -------------------------------------------------------------------------------------- -----------------------
------------------------------------------------------------------------------------------------------------- Non-interest-bearing 531,870 -------------------------------------------------------------------------------------- Interest-bearing 22,108,795 ------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------ Federal funds purchased and securities sold under agreements to repurchase: ------------------------------------------------------------------------------------------------------------------------------------ a. Federal funds purchased in domestic offices 980,040 ------------------------------------------------------------------------------------------------------------- b. Securities sold under agreements to repurchase 1,692,588 ------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------- Trading Liabilities 10,960,317 ------------------------------------------------------------------------------------------------------------- Other borrowed money 6,717,295 ------------------------------------------------------------------------------------------------------------- Bank's liability on acceptances 73,749 ------------------------------------------------------------------------------------------------------------- Subordinated notes and debentures 2,542,616 ------------------------------------------------------------------------------------------------------------- Other liabilities 3,519,689 ------------------------------------------------------------------------------------------------------------------------------------ Total liabilities 101,909,993 ------------------------------------------------------------------------------------------------------------------------------------ Minority Interests in consolidated Subsidiaries 294 ------------------------------------------------------------------------------------------------------------------------------------ EQUITY CAPITAL ------------------------------------------------------------------------------------------------------------------------------------ Perpetual preferred stock and related surplus 0 ------------------------------------------------------------------------------------------------------------- Common Stock 205,000 ------------------------------------------------------------------------------------------------------------- Surplus 7,024,246 ------------------------------------------------------------------------------------------------------------- Retained earnings 1,352,592 ------------------------------------------------------------------------------------------------------------- Accumulated other comprehensive income -186,732 ------------------------------------------------------------------------------------------------------------- Other equity capital components 0 ------------------------------------------------------------------------------------------------------------- Total equity capital 8,395,106 ------------------------------------------------------------------------------------------------------------- Total liabilities, minority interests and equity capital 110,305,393 ------------------------------------------------------------------------------------------------------------------------------------