EX-25.1 7 dex251.htm FORM T-1 STATEMENT OF ELIGIBILITY Form T-1 Statement of Eligibility

Exhibit 25.1

 

 

 

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)

 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

 

 

A National Banking Association   94-1347393
(Jurisdiction of incorporation or
organization if not a U.S. national bank)
  (I.R.S. Employer
Identification No.)
101 North Phillips Avenue
Sioux Falls, South Dakota
  57104
(Address of principal executive offices)   (Zip code)

Wells Fargo & Company

Law Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

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

 

 

MOODYS CORPORATION

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   13-3998945
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification No.)
7 World Trade Center at 250 Greenwich Street
New York, New York
  10007
(Address of principal executive offices)   (Zip code)

 

 

Debt Securities

(Title of the indenture securities)

 

 

 


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

Treasury Department

Washington, D.C.

Federal Deposit Insurance Corporation

Washington, D.C.

Federal Reserve Bank of San Francisco

San Francisco, California 94120

 

  (b) Whether it is authorized to exercise corporate trust powers.

The trustee is authorized to exercise corporate trust powers.

Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.

None with respect to the trustee.

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

Item 15. Foreign Trustee. Not applicable.

Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility.

 

Exhibit 1.    A copy of the Articles of Association of the trustee now in effect.*
Exhibit 2.    A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**
Exhibit 3.    See Exhibit 2
Exhibit 4.    Copy of By-laws of the trustee as now in effect.***
Exhibit 5.    Not applicable.
Exhibit 6.    The consent of the trustee required by Section 321(b) of the Act.
Exhibit 7.    A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.
Exhibit 8.    Not applicable.
Exhibit 9.    Not applicable.

 

* Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of file number 333-130784-06.
** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of file number 022-28721.
*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated May 26, 2005 of file number 333-125274.


SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo 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 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 2nd day of August 2010.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION
/s/ Martin G. Reed
Martin G. Reed
Vice President


EXHIBIT 6

August 2, 2010

Securities and Exchange Commission

Washington, D.C. 20549

Gentlemen:

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

 

Very truly yours,
WELLS FARGO BANK, NATIONAL ASSOCIATION
/s/ Martin G. Reed

Martin G. Reed

Vice President


Exhibit 7

Consolidated Report of Condition of

Wells Fargo Bank National Association

of 101 North Phillips Avenue, Sioux Falls, SD 57104

And Foreign and Domestic Subsidiaries,

at the close of business March 31, 2010, filed in accordance with 12 U.S.C. §161 for National Banks.

 

          Dollar Amounts
In Millions

ASSETS

     

Cash and balances due from depository institutions:

     

Noninterest-bearing balances and currency and coin

      $ 16,410

Interest-bearing balances

        44,873

Securities:

     

Held-to-maturity securities

        0

Available-for-sale securities

        140,265

Federal funds sold and securities purchased under agreements to resell:

     

Federal funds sold in domestic offices

        1,091

Securities purchased under agreements to resell

        3,199

Loans and lease financing receivables:

     

Loans and leases held for sale

        25,990

Loans and leases, net of unearned income

   706,137   

LESS: Allowance for loan and lease losses

   21,371   

Loans and leases, net of unearned income and allowance

        684,766

Trading Assets

        29,567

Premises and fixed assets (including capitalized leases)

        8,244

Other real estate owned

        3,758

Investments in unconsolidated subsidiaries and associated companies

        536

Direct and indirect investments in real estate ventures

        121

Intangible assets

     

Goodwill

        21,238

Other intangible assets

        28,750

Other assets

        57,082
         

Total assets

      $ 1,065,890
         

LIABILITIES

     

Deposits:

     

In domestic offices

      $ 718,242

Noninterest-bearing

   150,608   

Interest-bearing

   567,634   

In foreign offices, Edge and Agreement subsidiaries, and IBFs

        85,329

Noninterest-bearing

   1,397   

Interest-bearing

   83,932   

Federal funds purchased and securities sold under agreements to repurchase:

     

Federal funds purchased in domestic offices

        5,562

Securities sold under agreements to repurchase

        14,003


     Dollar Amounts
In Millions

Trading liabilities

     10,396

Other borrowed money

  

(includes mortgage indebtedness and obligations under capitalized leases)

     55,783

Subordinated notes and debentures

     21,583

Other liabilities

     28,269
      

Total liabilities

   $ 939,167

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

     0

Common stock

     520

Surplus (exclude all surplus related to preferred stock)

     98,967

Retained earnings

     21,137

Accumulated other comprehensive income

     4,440

Other equity capital components

     0
      

Total bank equity capital

     125,064

Noncontrolling (minority) interests in consolidated subsidiaries

     1,659
      

Total equity capital

     126,723
      

Total liabilities, and equity capital

   $ 1,065,890
      

I, Howard I. Atkins, EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

 

/s/ Howard I. Atkins
EVP & CFO

We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

 

/s/ John Stumpf
/s/ Carrie Tolstedt
/s/ Michael Loughlin

 

Directors