EX-25.1 5 dex251.htm STATEMENT OF ELIGIBILITY OF TRUSTEE Statement of Eligibility of Trustee

Exhibit 25.1

 


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)[ ]

 


U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

31-0841368

I.R.S. Employer Identification No.

 

800 Nicollet Avenue

Minneapolis, MN

  55402

(Address of principal executive offices)

  (Zip Code)

Hester Parrot

U.S. Bank National Association

950 17th Street, Suite 300

Denver, CO 80202

Telephone (303) 585-4591

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

Qwest Corporation

(Exact name of obligor as specified in its charter)

 

Colorado   87-0273800

(State or other jurisdiction of incorporation or organization)

  (I.R.S. Employer Identification No.)

 

1801 California Street, Denver, CO   80202

(Address of Principal Executive Offices)

  (Zip Code)

7.5% Notes Due 2014

(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. 20230

 

  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.    The Trustee is a Trustee under other Indentures under which securities issued by the obligor are outstanding. There is not and there has not been a default with respect to the securities outstanding 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. 333-84320.

 

  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 June 30, 2006, 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 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 and County of Denver, State of Colorado on the 31st day of October 2006.

 

U.S. BANK NATIONAL ASSOCIATION
By:  

/s/ Hester M. Parrot

Name:   Hester M. Parrot
Title:   Assistant Vice President


Exhibit 7

U.S. Bank National Association

Unaudited Statement of Financial Condition

As of 6/30/2006

(in millions)

 

      6/30/06  

Assets

  

Cash and Due From Banks

   $ 7,234  

Investment Securities

  

Held to maturity

     98  

Available for Sale

     38,364  

Loans held for sale

     2,589  

Loans

  

Commercial

     45,369  

Commercial Real Estate

     28,562  

Residential mortgages

     21,063  

Retail

     46,388  

Total loans

     141,382  

Less allowance for loan losses

     (2,039 )

Net loans

     139,343  

Premises and Equipment

     1,817  

Goodwill

     7,283  

Other Intangible Assets

     3,158  

Other Assets

     13,519  

Total Assets

   $ 213,405  

Liabilities

  

Deposits

  

Noninterest-bearing

   $ 30,730  

Interest-bearing

     69,302  

Time deposits greater than $100,000

     22,687  

Total deposits

     122,719  

Short-term borrowing

     20,570  

Long-term debt

     41,952  

Other Liabilities

     7,749  

Total Liabilities

   $ 192,990  

Shareholder’s Equity

  

Preferred Stock

     1,000  

Common Stock

     20  

Capital Surplus

     5,789  

Retain earnings

     20,164  

Less treasury stock

     (5,421 )

Other comprehensive income

     (1,137 )

Total Shareholder’s Equity

   $ 20,415  

Total Liabilities and Shareholder’s Equity

   $ 213,405  

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

U.S. Bank National Association

 

By:  

/s/ Hester M. Parrot

  Assistant Vice President

Date: October 31, 2006