EX-25 11 u01974exv25.htm EX-25: FORM T-1 EX-25
Table of Contents

Exhibit 25
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.
national bank) 		  Identification No.)
     
1201 Market Street, Ste 1001    
Wilmington, Delaware   19801
(Address of principal executive offices)   (Zip Code)
Kevin T. O’Brien, 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)
ArcelorMittal
(Exact name of obligor as specified in its charter)
     
Grand Duchy of Luxembourg   [Not Applicable]
(State or other jurisdiction   (I.R.S. Employer
of incorporation or organization)   Identification No.)
     
19, Avenue de la Liberte    
L-2930 Luxembourg    
Grand Duchy of Luxembourg   [Not Applicable]
(Address of principal executive offices)   (Zip Code)
5.375% Notes due 2013
6.125% Notes due 2018
(Title of Indenture Securities)
 
 

 

TABLE OF CONTENTS

Item 1. General Information
Item 2. Affiliations with Obligor
Items 3-15. Not Applicable
Item 16. List of Exhibits
SIGNATURE

Table of Contents

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
     Items 3-15. Not Applicable

 

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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)
(2)  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)
(2)  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, 2008), 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.
 
(2)   Exhibits previously filed with the Securities and Exchange Commission with Registration No. 333-125197 and incorporated herein by reference thereto.

 

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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 27th day of August, 2008.
         
  HSBC BANK USA, NATIONAL
ASSOCIATION
 		  
  By:   /s/ Anthony A. Bocchino  
    Anthony A. Bocchino  
    Vice President   
 

 

Table of Contents

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, 2009  
 
 
  Please refer to page i,  
 
  Table of Contents, for
the required disclosure
of estimated burden.
1
 
         
Consolidated Reports of Condition and Income for
        
A Bank With Domestic and Foreign Offices—FFIEC 031
        
 
        
Report at the close of business June 30, 2008
    (20040630)
 
(RCRI 9999) 		 

This report is required by law; 12 U.S.C. §324 (State member banks); 12 U.S.C. § 1817 (State nonmember banks); and 12 U.S.C. §161 (National banks).
This report form is to be filed by banks with branches and consolidated subsidiaries in U.S. territories and possessions, Edge or Agreement subsidiaries, foreign branches, consolidated foreign subsidiaries, or International Banking Facilities.


NOTE: The Reports of Condition and Income must be signed by an authorized officer and the Report of Condition must be attested to by not less than two directors (trustees) for State nonmember banks and three directors for State member and National Banks.
I, Clive Bucknall, Controller                    
   Name and Title of Officer Authorized to Sign Report
 
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/ Joseph R. Simpson
Signature of Officer Authorized to Sign Report
05/12/2008
Date of Signature
 
 
 
 
 
The Reports of Condition and Income are to be prepared in accordance with Federal regulatory authority instructions.
We, the undersigned directors (trustees), attest to the correctness of this Report of Condition (including the supporting schedules) 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/ Sal H. Alfieri
Director (Trustee)
/s/ Bernard J. Kennedy
Director (Trustee)
/s/ Martin Glynn
Director (Trustee)


 

 

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Submission of Reports
Each Bank must prepare its Reports of Condition and Income either:
(a)   in electronic form and then file the computer data file directly with the banking agencies’ collection agent, Electronic Data System Corporation (EDS), by modem or computer diskette; or
 
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
    5       7       8       9       0  
    (RCRI 9030)
http://WWW.BANKING.US.HSBC.COM
     Primary Internet Web Address of Bank (Home Page), if any (TEXT 4087)
     (Example: www.examplebank.com) 
For electronic filing assistance, contact EDS Call report Services, 2150 N. Prospect Ave., Milwaukee, WI 53202, telephone (800) 255-1571.
To fulfill the signature and attestation requirement for the Reports of Condition and Income for this report date, attach this signature page to the hard-copy f the completed report that the bank places in its files.
HSBC Bank USA, NATIONAL ASSOCIATION
 
Legal Title of Bank (TEXT 9010)
 
Wilmington
 
City (TEXT 9130)
         
DE
    19801  
 
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, 2008
                 
            Thousands of dollars
ASSETS
                
 
Cash and balances due from depository institutions:
                
a. Non-interest-bearing balances currency and coin
             3,746,575  
b. Interest-bearing balances
             4,269,852  
Held-to-maturity securities
             2,776,907  
Available-for-sale securities
             21,761,840  
Federal funds sold and securities purchased under agreements to resell:
                
a. Federal funds sold in domestic offices
             4,620,000  
b. Securities purchased under agreements to resell
             7,715,576  
Loans and lease financing receivables:
                
Loans and leases held for sale
             4,410,114  
Loans and leases net of unearned income
     84,525,017          
LESS: Allowance for loan and lease losses
     1,795,053          
Loans and lease, net of unearned income, allowance, and reserve
             82,729,964  
Trading assets
             32,699,558  
Premises and fixed assets
             545,573  
Other real estate owned
             72,547  
Investments in unconsolidated subsidiaries
             313,902  
Customers’ liability to this bank on acceptances outstanding
             NA  
Intangible assets: Goodwill
             2,111,113  
Intangible assets: Other intangible assets
             589,485  
Other assets
             9,103,240  
Total assets
             177,466,246  
 
                

 

Table of Contents

                 
            Thousands of dollars
LIABILITIES
                
 
                
Deposits:
                
In domestic offices
             82,747,882  
Non-interest-bearing
     12,897,851          
Interest-bearing
     69,850,031          
In foreign offices
             36,698,708  
Non-interest-bearing
     963,333          
Interest-bearing
     35,735,375          
 
                
Federal funds purchased and securities sold under agreements to repurchase:
                
a. Federal funds purchased in domestic offices
             115,564  
b. Securities sold under agreements to repurchase
             944,566  
 
                
Trading Liabilities
             14,021,445  
Other borrowed money
             19,553,170  
Bank’s liability on acceptances
             NA  
Subordinated notes and debentures
             4,614,032  
Other liabilities
             6,349,027  
Total liabilities
             165,044,394  
Minority Interests in consolidated Subsidiaries
             349  
EQUITY CAPITAL
                
 
                
Perpetual preferred stock and related surplus
             0  
Common Stock
             2,001  
Surplus
             11,593,143  
Retained earnings
             1,472,086  
Accumulated other comprehensive income
             -645,727  
Other equity capital components
             0  
Total equity capital
             12,421,503  
Total liabilities, minority interests and equity capital
             177,466,246