EX-25 4 exhibit25.htm EXHIBIT 25 - STATEMENT OF ELIGIBILITY ON FORM T-1 OF THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., AS TRUSTEE UNDER THE INDENTURE exhibit25.htm
 


Exhibit 25
 

 
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FORM T-1
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
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)
 
 
(Juridiction of incorporation
if not a U.S. national bank)
95-3571558
(I.R.S. employer
identification no.)
700 South Flower Street
Suite 500
Los Angeles, California
(Address of principal executive offices)
 
 
90017
(Zip code)

 
___________________________
 
CLECO POWER LLC
(Exact name of obligor as specified in its charter)
 
 
Louisiana
(State or other jurisdiction of
incorporation or organization)
 
72-0244480
(I.R.S. employer
identification no.)
 
2030 Donahue Ferry Road
Pineville, Louisiana
 (Address of principal executive offices)
 
 
71360-5226
(Zip code)
___________________________
 
Debt Securities
(Title of the indenture securities)
 
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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.
 
2.
Affiliations with Obligor.
 
If the obligor is an affiliate of the trustee, describe each such affiliation.
 
None.
 
3-15.    Not applicable.
 
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 Bank of New York Mellon Trust Company, N.A., formerly known as The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).
 
 
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 with Registration Statement No. 333-152875).
 
 
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4.
A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-157537).
 
 
6.
The consent of the trustee required by Section 321(b) of the Act (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-152875).
 
 
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.
 
 
 
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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 New Orleans, and State of Louisiana, on the 12th day of August, 2011.
 
THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A.
 
By:  /s/   Denis L. Milliner                            
Name:     DENIS L. MILLINER
Title:       VICE PRESIDENT
 
 
 
 
 
 
 
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EXHIBIT 7

Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017

At the close of business December 31, 2010, 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
2,000
           Interest-bearing balances
151
Securities:
    Held-to-maturity securities
7
    Available-for-sale securities
754,025
Federal funds sold and securities
    purchased under agreements to resell:
 
    Federal funds sold
70,300
    Securities purchased under agreements to resell
  0
Loans and lease financing receivables:
 
Loans and leases held for sale
0
 
Loans and leases,
 
 
  net of unearned income
0
 
LESS: Allowance for loan and
 
 
  lease losses
0
 
Loans and leases, net of unearned
 
 
  income and allowance
0
Trading assets
0
Premises and fixed assets (including
 
capitalized leases)
9,168
Other real estate owned
0
Investments in unconsolidated
 
subsidiaries and associated
 
 
companies
1
Direct and indirect investments in real estate ventures
0
Intangible assets:
     Goodwill
856,313
     Other intangible assets
216,233
Other assets
  159,872
Total assets
$2,068,070


 
 
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LIABILITIES

Deposits:
 
       In domestic offices
500
           Noninterest-bearing
500
           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)
268,691
Not applicable
 
Not applicable
 
Subordinated notes and debentures
0
Other liabilities
235,783
Total liabilities
504,974
Not applicable
 
 
 
EQUITY CAPITAL

Perpetual preferred stock and related surplus
0
Common stock
1,000
Surplus (exclude all surplus related to preferred stock)
1,121,520
Not available
 
   Retained earnings
438,997
Accumulated other comprehensive income
1,579
Other equity capital components
0
Not available
 
   Total bank equity capital
1,563,096
   Noncontrolling (minority) interests in consolidated subsidiaries
0
Total equity capital
1,563,096
Total liabilities and equity capital
2,068,070

I, Karen Bayz, Managing Director 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.

Karen Bayz      )           Managing Director


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.

 
Timothy Vara, President                   )
Frank P. Sulzberger, MD                  )           Directors (Trustees)
William D. Lindelof, MD                  )
 
 
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