EX-25.1 4 d230635dex251.htm FORM T-1 Form T-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   13-5160382

(Jurisdiction of incorporation

if not a U.S. national bank)

 

(I.R.S. employer

identification no.)

One Wall Street, New York, N.Y.   10286
(Address of principal executive offices)   (Zip code)

 

 

Nucor Corporation

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   13-1860817

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification no.)

1915 Rexford Road

Charlotte, North Carolina

  28211
(Address of principal executive offices)   (Zip code)

 

 

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

Superintendent of Banks of the State of New York

   One State Street, New York, N.Y. 10004-1417, and Albany, N.Y. 12223

Federal Reserve Bank of New York

   33 Liberty Street, New York, N.Y. 10045

Federal Deposit Insurance Corporation

   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.

 

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 Organization Certificate of The Bank of New York Mellon (formerly known as The Bank of New York, itself 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 with Registration Statement No. 333-152735).


  4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-154173).

 

  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. 333-152735).

 

  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, 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 1st day of September, 2011.

 

THE BANK OF NEW YORK MELLON

By:   /s/ TIMOTHY W. CASEY

Name:

  TIMOTHY W. CASEY

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 June 30, 2011, 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

       1,624   

Interest-bearing balances

       186   

Securities:

    

Held-to-maturity securities

       0   

Available-for-sale securities

       828,663   

Federal funds sold and securities purchased under agreements to resell:

    

Federal funds sold

       60,500   

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)

       8,561   

Other real estate owned

       0   

Investments in unconsolidated subsidiaries and associated companies

       0   

Direct and indirect investments in real estate ventures

       0   

Intangible assets:

    

Goodwill

       856,313   

Other intangible assets

       201,961   

Other assets

       146,990   
    

 

 

 

Total assets

     $ 2,104,798   
    

 

 

 

 

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LIABILITIES

     

Deposits:

     

In domestic offices

        506   

Noninterest-bearing

     506      

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

        227,247   

Total liabilities

        496,444   

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

        482,674   

Accumulated other comprehensive income

        3,160   

Other equity capital components

        0   

Not available

     

Total bank equity capital

        1,608,354   

Noncontrolling (minority) interests in consolidated subsidiaries

        0   

Total equity capital

        1,608,354   
     

 

 

 

Total liabilities and equity capital

        2,104,798   
     

 

 

 

I, Karen Bayz, CFO and 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             )

       CFO and 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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