EX-25.(B) 7 dex25b.htm FORM T-1 STATEMENT OF ELIGIBILITY/FORM OF SUBORDINATED INDENTURE Form T-1 Statement of Eligibility/Form of Subordinated Indenture

EXHIBIT 25(b)

 

 

 

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 TRUST COMPANY, N.A.

(Exact name of trustee as specified in its charter)

 

  95-3571558

(State of incorporation

if not a U.S. national bank)

 

(I.R.S. employer

identification no.)

700 South Flower Street  
Suite 500  
Los Angeles, California   900017
(Address of principal executive offices)   (Zip code)

 

 

ALCOA INC.

(Exact name of obligor as specified in its charter)

 

Pennsylvania   25-0317820

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification no.)

390 Park Avenue  
New York, New York   10022
(Address of principal executive offices)   (Zip code)

ALCOA TRUST I

(Exact name of obligor as specified in its charter)

 

Delaware   25-6581451

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification no.)

201 Isabella Street  
Pittsburgh, Pennsylvania   15212-5858
(Address of principal executive offices)   (Zip code)

Subordinated Debt Securities

(Title of the indenture securities)

 

 

 


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.

 

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 Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948).

 

  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. 333-121948).

 

  4. A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948).


  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. 333-121948).

 

  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.


EXHIBIT 7

Consolidated Report of Condition of

THE BANK OF NEW YORK TRUST COMPANY, N.A.

of 700 South Flower Street, Suite 200, Los Angeles, CA 90017

At the close of business December 31, 2007, 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

     14,687

Interest-bearing balances

     0

Securities:

  

Held-to-maturity securities

     43

Available-for-sale securities

     216,332

Federal funds sold and securities purchased under agreements to resell:

  

Federal funds sold

     23,800

Securities purchased under agreements to resell

     89,400

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)

     12,676

Other real estate owned

     0

Investments in unconsolidated subsidiaries and associated companies

     0

Not applicable

  

Intangible assets:

  

Goodwill

     871,685

Other Intangible Assets

     300,982

Other assets

     152,943
      

Total assets

   $ 1,682,548
      


LIABILITIES

  

Deposits:

  

In domestic offices

   1,628

Noninterest-bearing

   1,628

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)

   193,691

Not applicable

  

Not applicable

  

Subordinated notes and debentures

   0

Other liabilities

   161,803

Total liabilities

   357,122

Minority interest in consolidated subsidiaries

   0

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

   0

Common stock

   1,000

Surplus (exclude all surplus related to preferred stock)

   1,121,520

Retained earnings

   202,154

Accumulated other comprehensive income

   752

Other equity capital components

   0

Total equity capital

   1,325,426
    

Total liabilities, minority interest, and equity capital

   1,682,548
    

I, Karen Bayz, Vice President 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

   )    Vice President

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.

 

Michael K. Klugman, President

   )   

Frank P. Sulzberger, MD

   )    Directors (Trustees)

William D. Lindelof, VP

   )   


SIGNATURE

Pursuant to the requirements of the Act, the trustee, The Bank of New York 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 Pittsburgh, and Commonwealth of Pennsylvania, on the 6th day of March, 2008.

 

THE BANK OF NEW YORK

TRUST COMPANY, N.A.

By:    /S/ E. D. Renn
 

Name: E. D. Renn

Title:   Vice President