EX-25.1 21 d614001dex251.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)

 

 

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)

 

 

Regency Energy Partners LP

Regency Energy Finance Corp.

(Exact name of obligor as specified in its charter)

 

Delaware   16-1731691
Delaware   38-3747282

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No

2001 Bryan Street, Suite 3700

Dallas, Texas 75201

TELEPHONE: (214) 750-1771

(Address, Including Zip Code, and Telephone Number, Including Area

Code, of Registrant’s Principal Executive Offices)

 

 

4.500% Senior Notes Due 2023

and Guarantees of 4.500% Senior Notes Due 2023

 

 

 


Guarantors

 

Exact Name of Registrant Guarantor(1)

   State or Other Jurisdiction of
Incorporation or Formation
   I.R.S. Employer
Identification Number

CDM Resource Management LLC

   Delaware    26-1716854

CDM Resource Management I LLC

   Delaware    37-1702716

FrontStreet Hugoton LLC

   Delaware    68-0512892

Gulf States Transmission LLC

   Louisiana    72-1146059

PEPL Holdings, LLC(2)

   Delaware    45-3343570

Pueblo Holdings, Inc.

   Delaware    83-0477804

Pueblo Midstream Gas Corporation

   Texas    76-0645929

Regency Field Services LLC

   Delaware    35-2270502

Regency Gas Services LP

   Delaware    03-0516215

Regency Gas Utility LLC

   Delaware    26-0103022

Regency Haynesville Intrastate Gas LLC

   Delaware    90-0446410

Regency Liquids Pipeline LLC

   Delaware    32-0077619

Regency Midcontinent Express LLC

   Delaware    27-2711062

Regency Midstream LLC

   Delaware    45-0921356

Regency OLP GP LLC

   Delaware    20-4188520

Regency Ranch JV LLC

   Delaware    45-5341886

Regency Texas Pipeline LLC

   Delaware    27-5225952

RGP Marketing LLC

   Texas    75-2468080

RGP Westex Gathering Company

   Texas    75-2400144

RGU West LLC

   Texas    20-0068473

West Texas Gathering Company

   Delaware    75-0976094

WGP-KHC, LLC

   Delaware    48-1267995

Zephyr Gas Services LLC

   Delaware    27-3234760

Zephyr Gas Services I LLC

   Delaware    46-1062530

 

(1) Unless otherwise specified, the address, including zip code, and telephone number, including area code, of each additional registrant guarantor’s principal executive office is 2001 Bryan Street, Suite 3700, Dallas, Texas 75201, (214) 750-1771.
(2) The address, including zip code, and telephone number, including area code, of PEPL Holdings, LLC’s principal executive office is 3738 Oak Lawn Avenue, Dallas, Texas 75219, (214) 981-0700.


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

Administrator of National Banks

United States Department of the Treasury

Washington, D.C. 20219

Federal Deposit Insurance Corporation

550 17th Street, N.W.

Washington, D.C. 20429

Federal Reserve Bank of San Francisco

P.O. Box 7702

San Francisco, CA 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 Hornbeck Offshore Services LLC 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 TG3 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.
*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25.1 to the Form S-4 dated May 26, 2005 of Penn National Gaming Inc. 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 Dallas and State of Texas on the 8th day of November, 2013.

WELLS FARGO BANK, NATIONAL ASSOCIATION

 

LOGO

John C. Stohlmann

Vice President


EXHIBIT 6

November 8, 2013

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 thereof.

Very truly yours,

WELLS FARGO BANK, NATIONAL ASSOCIATION

 

LOGO

John C. Stohlmann

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 June 30, 2013, 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

      $ 17,427   

Interest-bearing balances

        119,728   

Securities:

     

Held-to-maturity securities

        0   

Available-for-sale securities

        217,652   

Federal funds sold and securities purchased under agreements to resell:

     

Federal funds sold in domestic offices

        85   

Securities purchased under agreements to resell

        24,809   

Loans and lease financing receivables:

     

Loans and leases held for sale

        23,419   

Loans and leases, net of unearned income

     754,323      

LESS: Allowance for loan and lease losses

     13,809      

Loans and leases, net of unearned income and allowance

        740,514   

Trading Assets

        32,173   

Premises and fixed assets (including capitalized leases)

        7,595   

Other real estate owned

        3,068   

Investments in unconsolidated subsidiaries and associated companies

        595   

Direct and indirect investments in real estate ventures

        9   

Intangible assets

     

Goodwill

        21,549   

Other intangible assets

        21,842   

Other assets

        54,073   
     

 

 

 

Total assets

      $ 1,284,538   
     

 

 

 

LIABILITIES

     

Deposits:

     

In domestic offices

      $ 924,162   

Noninterest-bearing

     247,984      

Interest-bearing

     676,178      

In foreign offices, Edge and Agreement subsidiaries, and IBFs

        87,482   

Noninterest-bearing

     614      

Interest-bearing

     86,868      

Federal funds purchased and securities sold under agreements to repurchase:

     

Federal funds purchased in domestic offices

        13,062   

Securities sold under agreements to repurchase

        14,800   


          Dollar Amounts
In Millions
 

Trading liabilities

        17,166   

Other borrowed money
(includes mortgage indebtedness and obligations under capitalized leases)

        35,971   

Subordinated notes and debentures

        19,943   

Other liabilities

        33,096   
     

 

 

 

Total liabilities

      $ 1,145,682   

EQUITY CAPITAL

     

Perpetual preferred stock and related surplus

        0   

Common stock

        519   

Surplus (exclude all surplus related to preferred stock)

        102,952   

Retained earnings

        31,046   

Accumulated other comprehensive income

        3,291   

Other equity capital components

        0   
     

 

 

 

Total bank equity capital

        137,808   

Noncontrolling (minority) interests in consolidated subsidiaries

        1,048   
     

 

 

 

Total equity capital

        138,856   
     

 

 

 

Total liabilities, and equity capital

      $ 1,284,538   
     

 

 

 

I, Timothy J. Sloan, 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.

Timothy J. Sloan

  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.

 

Michael Loughlin

John Stumpf

Avid Modjtabai

   Directors