EX-25.1 4 s000516x1_ex25-1.htm EXHIBIT 25.1

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 

(Exact name of trustee as specified in its charter)

 

New York 

(Jurisdiction of incorporation 

if not a U.S. national bank)

 

13-5160382 

(I.R.S. Employer 

Identification No.)

 

One Wall Street 

New York, New York 

(Address of principal executive offices) 

 

10286 

(Zip code) 

 

Legal Department 

The Bank of New York Mellon  

One Wall Street, 15th Floor 

New York, NY 10286 

(212) 635-1270 

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

 

THE DAYTON POWER AND LIGHT COMPANY 

(Exact name of obligor as specified in its charter)

 

Ohio 

(State or other jurisdiction 

of incorporation or organization)

 

31-0258470 

(I.R.S. Employer 

Identification No.)

 

1065 Woodman Drive 

Dayton, Ohio 

(Address of principal executive offices) 

 

45432 

(Zip code) 

 

 

 

First Mortgage Bonds, 1.875% Series due 2016 

(Title of the 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.

 

Superintendent of Banks of the One State Street, New York, N.Y. 10004-1417
State of New York and Albany, N.Y. 12203
Federal Reserve Bank of New York 33 Liberty Plaza, New York, N.Y. 10045
Federal Deposit Insurance Corporation 550 17th Street, N.W., Washington, D.C. 20429
New York Clearing House Association New York, N.Y. 10005

 

(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 Organization Certificate of The Bank of New York Mellon (formerly The Bank of New York (formerly Irving Trust Company)) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672, Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637, Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121195 and Exhibit 1 to Form T-1 filed as Exhibit 25.1 to Current Report on Form 8-K of Nevada Power Company, Date of Report (Date of Earliest Event Reported) July 25, 2008 (File No. 000-52378).)
       
  4. - A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 with Registration Statement No. 333-155238.)
       
  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. 333-152856.)
       
  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.

 

 
 

SIGNATURE

 

Pursuant to the requirements of the Act, the Trustee, The Bank of New York Mellon, a corporation organized and existing under the laws of the State of New York, 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 16th day of April, 2014.

 

  THE BANK OF NEW YORK MELLON
       
       
  By: /s/ Laurence J. O'Brien
    Name: Laurence J. O'Brien
    Title: Vice President

 

 
 

EXHIBIT 7
(Page i of iii)

Consolidated Report of Condition of 

THE BANK OF NEW YORK MELLON 

of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,

 

a member of the Federal Reserve System, at the close of business December 31, 2013, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

 

ASSETS   Dollar Amounts
In Thousands		 
Cash and balances due from depository institutions:     
Noninterest-bearing balances and currency and coin   $4,786,000 
Interest-bearing balances    131,555,000 
Securities:     
Held-to-maturity securities    18,997,000 
Available-for-sale securities    75,760,000 
Federal funds sold and securities purchased under agreements to resell     
   Federal funds sold in domestic offices    77,000 
Securities purchased under agreements to resell    3,205,000 
Loans and lease financing receivables:     
Loans and leases held for sale    0 
Loans and leases, net of unearned income   30,771,000 
LESS: Allowance for loan and lease losses   195,000 
Loans and leases, net of unearned income and allowance    30,576,000 
Trading Assets    7,072,000 
Premises and fixed assets (including capitalized leases)    1,191,000 
Other real estate owned    3,000 
Investments in unconsolidated subsidiaries and associated companies    1,111,000 
Not applicable     
Intangible assets:     
   Goodwill    6,481,000 
   Other intangible assets    1,289,000 
Other assets    14,523,000 
Total assets   $296,626,000 

 

 
 

EXHIBIT 7
(Page ii of iii)

 

ASSETS   Dollar Amounts
In Thousands		 
LIABILITIES     
Deposits:     
In domestic offices   $130,876,000 
Noninterest-bearing    84,804,000 
Interest-bearing    46,072,000 
In foreign offices, Edge and Agreement subsidiaries, and IBFs    121,987,000 
Noninterest-bearing    10,462,000 
Interest-bearing    111,525,000 
Federal funds purchased and securities sold under agreements to repurchase     
Federal funds purchased in domestic offices   2,989,000 
Securities sold under agreements to repurchase    1,810,000 
Trading liabilities    5,741,000 
Other borrowed money:
(includes mortgage indebtedness and obligations under capitalized leases)		   5,040,000 
Not applicable     
Not applicable     
Subordinated notes and debentures    1,065,000 
Other liabilities    7,038,000 
Total liabilities   $276,546,000 
      
Not applicable     
      
EQUITY CAPITAL     
Perpetual preferred stock and related surplus    0 
Common stock    1,135,000 
Surplus (exclude all surplus related to preferred stock)    9,867,000 
Retained earnings    9,446,000 
Accumulated other comprehensive income   -718,000 
Other equity capital components   0 
Total bank equity capital    19,730,000 
Noncontrolling (minority) interests in consolidated subsidiaries    350,000 
      
Total equity capital    20,080,000 
      
Total liabilities, minority interest, and equity capital  $296,626,000 

 

 
 

EXHIBIT 7
(Page iii of iii)

 

I, Thomas P. Gibbons, Chief Financial Officer of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.

 

Thomas P. Gibbons,
Chief Financial Officer

 

We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We 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 and is true and correct.

 

Gerald L. Hassell    
Catherine A. Rein   Directors
John P. Surma