EX-25.1 6 d138852dex251.htm EX-25.1 EX-25.1

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)

 

 

U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

 

 

31-0841368

I.R.S. Employer Identification No.

 

800 Nicollet Mall

Minneapolis, Minnesota

(Address of principal executive offices)

 

55402

(Zip Code)

Raymond S. Haverstock

U.S. Bank National Association

60 Livingston Avenue

St. Paul, MN 55107

(651) 466-6299

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

 

 

Crestwood Midstream Partners LP*

Crestwood Midstream Finance Corp.

(Issuer with respect to the Securities)

 

 

 

Delaware

Delaware

(State or other jurisdiction of

incorporation or organization)

 

20-1647837

46-1429970

(I.R.S. Employer

Identification No.)

700 Louisiana Street, Suite 2550

Houston, Texas

(Address of Principal Executive Offices)

 

77002

(Zip Code)

 

 

6.25% Senior Notes Due 2023

Guarantees of 6.25% Senior Notes Due 2023

(Title of the Indenture Securities)

 

 

 


FORM T-1

*Table of Additional Registrants

Additional Registrants (as Guarantors of 6.25% Senior Notes due 2023)

 

Exact Name of Registrant as Specified in its
Charter (or Other Organizational Document)
  

State or Other
Jurisdiction of
Incorporation or
Organization

  

I.R.S.

Employer
Identification
Number

  

Address, Including Zip Code, and
Telephone Number, Including Area
Code, of Principal

Executive Offices

Arrow Field Services, LLC    Delaware    27-0472066   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Arrow Midstream Holdings, LLC    Delaware    80-0298512   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Arrow Pipeline, LLC    Delaware    94-3454611   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Arrow Water, LLC    Delaware    27-1000169   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

CMLP Tres Manager LLC    Delaware    47-2136466   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

CMLP Tres Operator LLC    Delaware    47-2136725   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Cowtown Gas Processing Partners L.P.    Texas    86-1165664   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Cowtown Pipeline Partners L.P.    Texas    86-1165661   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Appalachia Pipeline LLC    Texas    45-4102847   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Arkansas Pipeline LLC    Texas    27-5413868   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Crude Logistics LLC    Delaware    30-0585080   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Crude Services LLC    Delaware    46-5595720   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Crude Terminals LLC    Delaware    27-4762190   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Crude Transportation LLC    Delaware    38-3927716   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

 

2


Exact Name of Registrant as Specified in its
Charter (or Other Organizational Document)
  

State or Other
Jurisdiction of
Incorporation or
Organization

  

I.R.S.

Employer
Identification
Number

  

Address, Including Zip Code, and
Telephone Number, Including Area
Code, of Principal

Executive Offices

Crestwood Dakota Pipelines LLC    Delaware    27-4761975   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Gas Services Operating GP LLC    Delaware    39-2051802   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Gas Services Operating LLC    Delaware    39-2051803   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Marcellus Midstream LLC    Delaware    45-4623727   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Marcellus Pipeline LLC    Delaware    45-4622133   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Midstream Operations LLC    Delaware    37-1709059   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood New Mexico Pipeline LLC    Texas    27-5328296   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Ohio Midstream Pipeline LLC    Delaware    46-2279892   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Operations LLC    Delaware    45-5233794   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Panhandle Pipeline LLC    Texas    27-5413782   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Pipeline LLC    Texas    27-5413970   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Sabine Pipeline LLC    Texas    26-4566870   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Sales & Service Inc.    Delaware    43-1931522   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood Services LLC    Delaware    37-1692565   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

 

3


Exact Name of Registrant as Specified in its
Charter (or Other Organizational Document)
  

State or Other
Jurisdiction of
Incorporation or
Organization

  

I.R.S.

Employer
Identification
Number

  

Address, Including Zip Code, and
Telephone Number, Including Area
Code, of Principal

Executive Offices

Crestwood Transportation LLC    Delaware    43-1905384   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Crestwood West Coast LLC    Delaware    38-3875473   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

E. Marcellus Asset Company, LLC    Delaware    46-2362188   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Finger Lakes LPG Storage, LLC    Delaware    20-3143796   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Sabine Treating, LLC    Texas    27-1183772   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

Stellar Propane Service, LLC    Delaware    86-1123848   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

US Salt, LLC    Delaware    59-3525498   

700 Louisiana Street, Suite 2550

Houston, Texas 77002

(832) 519-2200

 

4


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 Items 3-15 are not applicable because to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

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.*

2.

A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2.

3.

A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.

4.

A copy of the existing bylaws of the Trustee.**

5.

A copy of each Indenture referred to in Item 4. Not applicable.

6.

The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

7.

Report of Condition of the Trustee as of December 31, 2015 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 

* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.
** Incorporated by reference to Exhibit 25.1 to registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.

 

5


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 of St. Paul, State of Minnesota on the 9th of June, 2016.

 

By:  

/s/    RAYMOND S. HAVERSTOCK        

  Raymond S. Haverstock
  Vice President

 

6


Exhibit 2

 

LOGO   

Office of the Comptroller of the Currency

      Washington, DC 20219

CERTIFICATE OF CORPORATE EXISTENCE

I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:

1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2. “U.S. Bank National Association.” Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate.

 

LOGO

   

IN TESTIMONY WHEREOF, today, December 4, 2015, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.

 

LOGO

 

Comptroller of the Currency

 

   
   

 

7


Exhibit 3

 

LOGO   

Office of the Comptroller of the Currency

      Washington, DC 20219

CERTIFICATE OF FIDUCIARY POWERS

I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:

1. The Office of the Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2. “U.S. Bank National Association.” Cincinnati, Ohio (Charter No. 24), was granted, under the hand and seal of the Comptroller, the right to act in all fiduciary capacities authorized the provisions of the Act of Congress approved September 28, 1962, 76 Stat. 668, 12 USC 92a, and that the authority so granted remains in full force and effect on the date of this certificate.

 

LOGO

   

IN TESTIMONY WHEREOF, today, December 4, 2015, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.

 

LOGO

 

Comptroller of the Currency

 

   
   

 

8


Exhibit 6

CONSENT

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

Dated: June 9th 2016

 

By:  

/s/ RAYMOND S. HAVERSTOCK

  Raymond S. Haverstock
  Vice President

 

9


Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 12/31/2015

($000’s) 

 

     12/31/2015  

Assets

  

Cash and Balances Due From Depository Institutions

   $ 11,116,460  

Securities

     105,221,515  

Federal Funds

     66,242  

Loans & Lease Financing Receivables

     259,137,459  

Fixed Assets

     4,356,531  

Intangible Assets

     13,140,000  

Other Assets

     24,420,027  
  

 

 

 

Total Assets

   $ 417,458,234  

Liabilities

  

Deposits

   $ 310,443,288  

Fed Funds

     1,617,316  

Treasury Demand Notes

     0  

Trading Liabilities

     989,983  

Other Borrowed Money

     46,198,790  

Acceptances

     0  

Subordinated Notes and Debentures

     3,150,000  

Other Liabilities

     12,012,892  
  

 

 

 

Total Liabilities

   $ 374,412,269  

Equity

  

Common and Preferred Stock

     18,200  

Surplus

     14,266,400  

Undivided Profits

     27,904,230  

Minority Interest in Subsidiaries

     857,135  
  

 

 

 

Total Equity Capital

   $ 43,045,965  

Total Liabilities and Equity Capital

   $ 417,458,234  

 

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