EX-25.1 9 d303281dex251.htm STATEMENT OF ELIGIBILITY OF TRUSTEE ON FORM T-1 Statement of Eligibility of Trustee on Form T-1

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)

 

 

HSBC Bank USA, National Association

(Exact name of trustee as specified in its charter)

 

 

 

N/A   20-1177241
(Jurisdiction of incorporation or   (I.R.S. Employer
organization if not a U.S. national bank)   Identification No.)
1800 Tyson’s Boulevard, Ste 50  
McLean, VA   22102
(Address of principal executive offices)   (Zip Code)

Thomas Musarra, 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  
(State or other jurisdiction   (I.R.S. Employer
of incorporation or organization)   Identification No.)
19, Avenue de la Liberte  
L-2930 Luxembourg  
Grand Duchy Luxembourg  
(Address of principal executive offices)   (Zip Code)

 

 

 


(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.

Items 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)

               (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, 2011), 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.


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 4th day of November, 2011.

 

HSBC BANK USA, NATIONAL ASSOCIATION
By:   /s/ Ignazio Tamburello
 

Ignazio Tamburello

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, 2011    
      
   Please refer to page i,   1  
   Table of Contents, for    
   the required disclosure    
     of estimated burden.        

Consolidated Reports of Condition and Income for

A Bank With Domestic and Foreign Offices—FFIEC 031

 

  (20040630)
(RCRI 9999)

Report at the close of business June 30, 2011

 

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.

 

The Reports of Condition and Income are to be prepared in accordance with Federal regulatory authority instructions.

 

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.

    
    

 

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.

I,   John T. McGinnis, CFO

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/ John T. McGinnis

Signature of Officer Authorized to Sign Report

 

8/4/2011

Date of Signature

 

    
      

 

/s/ Irene Dorney

Director (Trustee)

 

/s/ Niall Booker

Director (Trustee)

 

/s/ Richard Jalkut

Director (Trustee)

 

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.

    

 

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.

 

FDIC Certificate Number

    5       7       8       9       0  

 

http://WWW.BANKING.US.HSBC.COM

Primary Internet Web Address of Bank (Home Page), if any (TEXT 4087)

(Example: www.examplebank.com)

  

HSBC Bank USA, NATIONAL ASSOCIATION

Legal Title of Bank (TEXT 9010)

 

McLean

City (TEXT 9130)

 

VA                                                                  22102

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, 2011   

 

0000000000000000 0000000000000000
            Thousands of dollars  

ASSETS

     

Cash and balances due from depository institutions:

     

a. Non-interest-bearing balances currency and coin

        1,543,193   

b. Interest-bearing balances

        28,483,841   

Held-to-maturity securities

        2,144,710   

Available-for-sale securities

        44,393,256   

Federal funds sold and securities purchased under agreements to resell:

     

a. Federal funds sold in domestic offices

        0   

b. Securities purchased under agreements to resell

        4,292,755   

Loans and lease financing receivables:

     

Loans and leases held for sale

        1,572,613   

Loans and leases net of unearned income

     68,825,493      

LESS: Allowance for loan and lease losses

     1,459,722      

Loans and lease, net of unearned income, allowance, and reserve

        67,365,771   

Trading assets

        33,935,938   

Premises and fixed assets

        504,844   

Other real estate owned

        213,244   

Investments in unconsolidated subsidiaries

        14,445   

Customers’ liability to this bank on acceptances outstanding

        14,886   

Intangible assets: Goodwill

        2,035,445   

Intangible assets: Other intangible assets

        390,272   

Other assets

        8,196,154   

Total assets

        195,101,367   

LIABILITIES

     

Deposits:

     

In domestic offices

        98,701,717   

Non-interest-bearing

     23,929,938      

Interest-bearing

     74,771,779      

In foreign offices

        40,012,510   

Non-interest-bearing

     1,698,099      

Interest-bearing

     38,314,411      

Federal funds purchased and securities sold under agreements to repurchase:

     

a. Federal funds purchased in domestic offices

        387,700   

b. Securities sold under agreements to repurchase

        8,463,487   


0000000000000000 0000000000000000

Trading Liabilities

        12,565,920   

Other borrowed money

        4,351,225   

Bank’s liability on acceptances

        NA   

Subordinated notes and debentures

        6,141,384   

Other liabilities

        5,970,088   

Total liabilities

        176,594,031   

Minority Interests in consolidated Subsidiaries

        N/A   

EQUITY CAPITAL

     

Perpetual preferred stock and related surplus

        0   

Common Stock

        2,002   

Surplus

        16,055,004   

Retained earnings

        2,327,192   

Accumulated other comprehensive income

        122,838   

Other equity capital components

        0   

Total equity capital

        18,507,336   

Total liabilities, minority interests and equity capital

        195,101,367