EX-25.1 6 ex-2512020.htm EXHIBIT 25.1 Exhibit


Exhibit 25.1

 
UNITED STATES
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)    ¨
 
 
 
The Bank of New York Mellon Trust Company, N.A.
(Exact name of trustee as specified in its charter)
 
 
 
N/A 
(State of incorporation
if not a U.S. national bank)
95-3571558 
(I.R.S. employer
identification no.)
400 South Hope Street, Suite 500
Los Angeles, California
(Address of principal executive offices)
 
90071 
(Zip code)

Legal Department
        The Bank of New York Mellon Trust Company, N.A.
240 Greenwich Street
New York, NY  10286
(212) 635-1270
(Name, address and telephone number of agent for service)
 
 
 

MPLX LP
(Exact name of obligor as specified in its charter)

 
 
 

Delaware 
(State or other jurisdiction of
incorporation or organization)
27-0005456
 (I.R.S. employer
identification no.)
200 E. Hardin Street
Findlay, Ohio 
(Address of principal executive offices)


45840
(Zip code)

 
 
 

Senior Debt Securities
(Title of indenture securities)
 



    




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.
Name
Address
Comptroller of the Currency – United States Department of the Treasury

Washington, D.C. 20219
Federal Reserve Bank
San Francisco, California 94105
Federal Deposit Insurance Corporation
Washington, D.C. 20429

(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.
Item 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 articles of association of the trustee. (Exhibit 1 to Form T-1 filed pursuant to Section 305(b)(2) of the Act in connection with Registration Statement No. 333-135006-10).
2.    A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
3.     A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed pursuant to Section 305(b)(2) of the Act in connection with Registration Statement No. 333-135006-10).
4.    A copy of the existing by‑laws of the trustee. (Exhibit 4 to Form T-1 filed pursuant to Section 305(b)(2) of the Act in connection with Registration Statement No. 333-135006-10).
5.    Not applicable.
6.    The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed pursuant to Section 305(b)(2) of the Act in connection with Registration Statement No. 333-135006-10).
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.
8.    Not applicable.
9.    Not applicable.

    



SIGNATURE
Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon Trust Company, N.A., a 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 Houston, and State of Texas, on the 24th day of August, 2020.
THE BANK OF NEW YORK MELLON TRUST
COMPANY, N.A.
 
 
By:
/s/ Julie Hoffman-Ramos
Name:
Julie Hoffman-Ramos
Title:
Vice President


    



EXHIBIT 7

Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
of 400 South Hope Street, Suite 500, Los Angeles, CA 90071

At the close of business June 30, 2020, published in accordance with Federal regulatory authority instructions.


Dollar Amounts
 
in Thousands
 
ASSETS
 
 
 
Cash and balances due from
 
 
depository institutions:
 
 
Noninterest-bearing balances and currency and coin
 
1,667

Interest-bearing balances
 
325,776

Securities:
 
 
Held-to-maturity securities
 
0

Available-for-sale securities
 
148,395

Equity securities with readily determinable fair values not held for trading
 
0

Federal funds sold and securities
 
 
purchased under agreements to resell:
 
 
Federal funds sold in domestic offices
 
0

Securities purchased under agreements to resell
 
0

Loans and lease financing receivables:
 
 
Loans and leases held for sale
 
0

Loans and leases, held for investment
0
 
LESS: Allowance for loan and
 
 
lease losses
0
 
Loans and leases, held for investment,
 
 
net of allowance

0
 
Trading assets
 
0

Premises and fixed assets (including capitalized leases)
 
20,997

Other real estate owned
 
0

Investments in unconsolidated subsidiaries and associated companies
 
0

Direct and indirect investments in real estate ventures
 
0

Intangible assets:
 
856,313

Other assets
 
100,715

 
 
 
Total assets
 

$1,453,863





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LIABILITIES
 
 
 
 
 
Deposits:
 
 
In domestic offices
 
1,659
Noninterest-bearing
1,659
 
Interest-bearing
0
 
Not applicable
 
 
Federal funds purchased and securities
 
 
sold under agreements to repurchase:
 
 
Federal funds purchased
 
0
Securities sold under agreements to repurchase
 
0
Trading liabilities
 
0
Other borrowed money:
 
 
(includes mortgage indebtedness and obligations under capitalized leases)
 
0
Not applicable
 
 
Not applicable
 
 
Subordinated notes and debentures
 
0
Other liabilities
 
258,356
Total liabilities
 
260,015
Not applicable
 
 
 
 
 
EQUITY CAPITAL
 
 
 
 
 
Perpetual preferred stock and related surplus
 
0
Common stock
 
1,000
Surplus (exclude all surplus related to preferred stock)
 
324,174
Not available
 
 
Retained earnings
 
866,668
Accumulated other comprehensive income
 
2,006
Other equity capital components
 
0
Not available
 
 
Total bank equity capital
 
1,193,848
Noncontrolling (minority) interests in consolidated subsidiaries
 
0
Total equity capital
 
1,193,848
Total liabilities and equity capital
 
1,453,863

I, Matthew J. McNulty, CFO of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date 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 belief.
Matthew J. McNulty    )    CFO
We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date 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.
 
Antonio I. Portuondo, President
)
 
 
 
Michael P. Scott, Managing Director
)
 
Directors (Trustees)
 
Kevin P. Caffrey, Managing Director
)
 
 
        

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