EX-25.2 7 a2185008zex-25_2.htm EXHIBIT 25.2
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Exhibit 25.2



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)    o



U.S. BANK TRUST NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)

41-1973763
I.R.S. Employer Identification No.

300 East Delaware Avenue, 9th Floor
Wilmington, Delaware
  19801
(Address of principal executive offices)   (Zip Code)

Beverly A. Freeney
U.S. Bank Trust National Association
100 Wall Street, Suite 1600
New York, NY 10005
Telephone (212) 361-2893
(Name, address and telephone number of agent for service)

JOHN DEERE CAPITAL CORPORATION
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  36-2386361
(I.R.S. Employer
Identification No.)

1 East First Streeet
Suite 600
Reno, Nevada

 

89501
(Address of principal executive offices)   (Zip Code)


SUBORDINATED DEBT SECURITIES
(Title of the Indenture Securities)





FORM T-1

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

Not applicable because, to the best of Trustee's knowledge, the Trustee is not a trustee under any other indenture under which any other securities or certificates of interest or participation in any other securities of the obligor are outstanding and there is not, nor has there been, a default with respect to securities issued under this indenture.

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 now in effect, incorporated herein by reference to Exhibit 1 of Form T-1, Document 6 of Registration No. 333-84320.

          2.
          A copy of the certificate of authority of the Trustee to commence business, incorporated herein by reference to Exhibit 2 of Form T-1, Document 6 of Registration No. 333-84320.

          3.
          A copy of the certificate of authority of the Trustee to exercise corporate trust powers, incorporated herein by reference to Exhibit 3 of Form T-1, Document 6 of Registration No. 333-84320.

          4.
          A copy of the existing bylaws of the Trustee, as now in effect, incorporated herein by reference to Exhibit 4 of Form T-1, Document 6 of Registration No. 333-113995.

          5.
          Not applicable.

          6.
          The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, incorporated herein by reference to Exhibit 6 of Form T-1, Document 6 of Registration No. 333-84320.

          7.
          Report of Condition of the Trustee as of December 31, 2007, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

          8.
          Not applicable.

          9.
          Not applicable.

SIGNATURE

        Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK TRUST 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 New York, State of New York on the 23rd day of April, 2008.

    U.S. BANK TRUST NATIONAL ASSOCIATION

 

 

By:

 

/s/  
BEVERLY A. FREENEY      
    Name:   Beverly A. Freeney
    Title:   Vice President

Exhibit 7


U.S. Bank Trust National Association
Statement of Financial Condition
As of December 31, 2007

($000's)

 
  12/31/2007
Assets      
  Cash and Balances Due From Depository Institutions   $ 480,658
  Fixed Assets     82
  Intangible Assets     78,244
  Other Assets     39,083
   
    Total Assets   $ 598,067

Liabilities

 

 

 
  Other Liabilities   $ 22,129
   
  Total Liabilities   $ 22,129

Equity

 

 

 
  Common and Preferred Stock   $ 1,000
  Surplus     505,932
  Undivided Profits     69,006
   
    Total Equity Capital   $ 575,938

Total Liabilities and Equity Capital

 

$

598,067

To the best of the undersigned's determination, as of this date the above financial information is true and correct.

U.S. Bank Trust National Association

By:

  
/s/  
BEVERLY A. FREENEY      
  Name: Beverly A. Freeney
  Title: Vice President

Date: April 23, 2008




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FORM T-1
U.S. Bank Trust National Association Statement of Financial Condition As of December 31, 2007 ($000's)