EX-25.1 3 a05-19248_2ex25d1.htm STATEMENT OF ELIGIBILITY OF TRUSTEE

Exhibit 25.1

 

File No. 333-127160

 

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) o

 

 

U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

 

31-0841368

I.R.S. Employer Identification No.

 

800 Nicollet Avenue

 

 

Minneapolis, MN

 

55402

(Address of principal executive offices)

 

(Zip Code)

 

Seth Dodson

U.S. Bank National Association

950 17th Street, Suite 300

Denver, CO 80202

Telephone (303) 585-4591

(Name, address and telephone number of agent for service)

 

Qwest Communications International Inc.

(Exact name of obligor as specified in its charter)

 

Delaware

 

84-1339282

(State or other jurisdiction of incorporation or organization)

 

(I.R.S. Employer Identification No.)

 

 

 

1801 California Street, Denver Colorado

 

80202

(Address of Principal Executive Offices)

 

(Zip Code)

 

3.50% Convertible Senior Notes due 2025
(Title of the indenture securities)

 

 


 

FORM T-1

 

Item 1.            GENERAL INFORMATION.  Furnish the following information as to the Trustee.

 

a)        Name and address of each examining or supervising authority to which it is subject.

Comptroller of the Currency

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

 

Items 3-15.                The Trustee is a Trustee under other Indentures under which securities issued by the obligor are outstanding.  There is not and there has not been a default with respect to the securities outstanding under other such Indentures.

 

Item 16.         LIST OF EXHIBITS:  List below all exhibits filed as a part of this statement of eligibility and qualification.

 

1.     A copy of the Articles of Association of the Trustee now in effect, incorporated herein by reference to Exhibit 1 of Form T-1, Document 6 of Registration No. 333-84320.

 

2.     A copy of the certificate of authority of the Trustee to commence business, incorporated herein by reference to Exhibit 2 of Form T-1, Document 6 of Registration No. 333-84320.

 

3.     A copy of the certificate of authority of the Trustee to exercise corporate trust powers, incorporated herein by reference to Exhibit 3 of Form T-1, Document 6 of Registration No. 333-84320.

 

4.     A copy of the existing bylaws of the Trustee, as now in effect, incorporated herein by reference to Exhibit 4 of Form T-1, Document 6 of Registration No. 333-84320.

 

5.     Not applicable.

 

6.     The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, incorporated herein by reference to Exhibit 6 of Form T-1, Document 6 of Registration No. 333-84320.

 

7.     Report of Condition of the Trustee as of September 30, 2005, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 

8.     Not applicable.

 

9.     Not applicable.

 


 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK 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 and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City and County of Denver, State of Colorado on the 3rd day of November, 2005.

 

 

 

U.S. BANK NATIONAL ASSOCIATION

 

 

 

 

 

By:

/s/ SETH DODSON

 

 

Name:

Seth Dodson

 

Title:

Vice President

 


 

Exhibit 7

 

U.S. Bank National Association

Unaudited Statement of Financial Condition

As of 9/30/2005

(in millions)

 

 

 

9/30/2005

 

Assets

 

 

 

Cash and Due From Depository Institutions

 

$

6,918

 

Investment Securities

 

 

 

Held to maturity

 

114

 

Available for Sale

 

41,402

 

Loans held for sale

 

1,695

 

Loans

 

 

 

Commercial

 

43,237

 

Commercial Real Estate

 

28,521

 

Residential mortgages

 

19,469

 

Retail

 

45,400

 

Total loans

 

136,627

 

Less allowance for loan losses

 

(2,055

)

Net loans

 

134,572

 

Premises and Equipment

 

1,850

 

Customers liability on acceptances

 

85

 

Goodwill

 

6,372

 

Intangible Assets

 

2,586

 

Other Assets

 

11,301

 

Total Assets

 

$

206,895

 

 

 

 

 

Liabilities

 

 

 

Deposits

 

$

120,795

 

Short-term borrowing

 

23,061

 

Long-term borrowing

 

36,257

 

Acceptances

 

85

 

Other Liabilities

 

6,833

 

Total Liabilities

 

$

187,031

 

 

 

 

 

Equity

 

 

 

Shareholder’s equity

 

20

 

Capital Surplus

 

5,913

 

Retain earnings

 

18,276

 

Less cost of common stock

 

(4,318

)

Other comprehensive income

 

(208

)

Total Equity Capital

 

$

19,864

 

 

 

 

 

Total Liabilities and Equity Capital

 

$

206,895

 

 

To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.

 

U.S. Bank National Association

 

 

 

By:

/s/ SETH DODSON

 

 

 

Vice President

 

 

 

 

 

Date: November 3rd, 2005