EX-25 5 u92731exv25.htm EX-25 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF THE BANK OF NEW YORK. EX-25 Form T-1 Statement of Eligibilty
 

EXHIBIT 25
 
 
 
FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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
THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
     
New York
  13-5160382
(State of incorporation
  (I.R.S. employer
if not a U.S. national bank)
  identification no.)
 
   
One Wall Street, New York, N.Y.
  10286
(Address of principal executive offices)
  (Zip code)
Chartered Semiconductor Manufacturing Ltd.
(Exact name of obligor as specified in its charter)
     
Republic of Singapore
   
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification no.)
 
   
60 Woodlands Industrial Park D
   
Street 2, Singapore
  738406
(Address of principal executive offices)
  (Zip code)
 
6.25% Senior Notes due 2013
(Title of the indenture securities)
 
 

 


 

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.
         
    Name   Address
 
       
 
  Superintendent of Banks of the State of
  2 Rector Street, New York,
 
  New York   N.Y. 10006, and Albany, N.Y. 12203
 
       
 
  Federal Reserve Bank of New York   33 Liberty Plaza, New York,
 
      N.Y. 10045
 
       
 
  Federal Deposit Insurance Corporation   Washington, D.C. 20429
 
       
 
  New York Clearing House Association   New York, New York 10005
  (b)   Whether it is authorized to exercise corporate trust powers.
    Yes.
2.   Affiliations with Obligor.
    If the obligor is an affiliate of the trustee, describe each such affiliation.
    None.
16.   List of Exhibits.
    Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).
  1.   A copy of the Organization Certificate of The Bank of New York (formerly Irving Trust Company) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672 and Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637.)
 
  4.   A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 33-31019.)
 
  6.   The consent of the Trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 33-44051.)
 
  7.   A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

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SIGNATURE
     Pursuant to the requirements of the Act, the Trustee, The Bank of New York, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in Singapore, on the 4th day of April 2006.
         
  THE BANK OF NEW YORK
 
 
  By:   /s/ Vanessa Loh    
    Name:   Vanessa Loh   
    Title:   Vice-President   

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Exhibit 7
 
Consolidated Report of Condition of
THE BANK OF NEW YORK
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business September 30, 2005, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.
         
    Dollar Amounts  
    In Thousands  
ASSETS
       
Cash and balances due from depository institutions:
       
Noninterest-bearing balances and currency and coin
  $ 3,223,000  
Interest-bearing balances
    6,428,000  
Securities:
       
Held-to-maturity securities
    2,071,000  
Available-for-sale securities
    22,899,000  
Federal funds sold and securities purchased under agreements to resell:
       
Federal funds sold in domestic offices
    1,783,000  
Securities purchased under agreements to resell
    271,000  
Loans and lease financing receivables:
       
Loans and leases held for sale
    0  
Loans and leases, net of unearned income
    34,349,000  
LESS: Allowance for loan and lease losses
    557,000  
Loans and leases, net of unearned income and allowance
    33,792,000  
Trading assets
    5,761,000  
Premises and fixed assets (including capitalized leases)
    801,000  
Other real estate owned
    0  
Investments in unconsolidated subsidiaries and associated companies
    288,000  
Customers’ liability to this bank on acceptances outstanding
    106,000  
Intangible assets:
       
Goodwill
    2,158,000  
Other intangible assets
    765,000  
Other assets
    5,391,000  
 
     
Total assets
  $ 85,737,000  
 
     

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    Dollar Amounts  
    In Thousands  
LIABILITIES
       
Deposits:
       
In domestic offices
  $ 35,878,000  
Noninterest-bearing
    16,458,000  
Interest-bearing
    19,420,000  
In foreign offices, Edge and Agreement subsidiaries, and IBFs
    26,474,000  
Noninterest-bearing
    448,000  
Interest-bearing
    26,026,000  
Federal funds purchased and securities sold under agreements to repurchase
       
Federal funds purchased in domestic offices
    3,200,000  
Securities sold under agreements to repurchase
    101,000  
Trading liabilities
    2,914,000  
Other borrowed money:
       
(includes mortgage indebtedness and obligations under capitalized leases).
    1,247,000  
Not applicable
       
Bank’s liability on acceptances executed and outstanding
    108,000  
Subordinated notes and debentures
    1,440,000  
Other liabilities
    6,119,000  
Total liabilities
  $ 77,481,000  
Minority interest in consolidated subsidiaries
    141,000  
         
EQUITY CAPITAL
       
Perpetual preferred stock and related surplus
    0  
Common stock
    1,135,000  
Surplus (exclude all surplus related to preferred stock)
    2,092,000  
Retained earnings
    4,976,000  
Accumulated other comprehensive income
    -88,000  
Other equity capital components
    0  
Total equity capital
    8,115,000  
Total liabilities, minority interest, and equity capital
  $ 85,737,000  

5


 

     I, Thomas J. Mastro, Executive Vice President and Comptroller of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.
     
Thomas J. Mastro,
Executive Vice President and Comptroller
   
     We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We 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 and is true and correct.
         
 
       
Thomas A. Renyi
Gerald L. Hassell
      Directors