EX-25.1 7 w77085exv25w1.htm EX-25.1 exv25w1
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 Mall
Minneapolis, Minnesota 		  55402
     
(Address of principal executive offices)   (Zip Code)
David Massa
U.S. Bank National Association
100 Wall Street
New York, NY 10005
(212) 361-4386
(Name, address and telephone number of agent for service)
DELPHI FINANCIAL GROUP, INC.
(Exact name of obligor as specified in its charter)
     
Delaware
(State or other jurisdiction of
incorporation or organization) 		  13-342277
(I. R. S. Employer
Identification No.)
     
1105 North Market Street, Suite 1230
P.O. Box 8985
Wilmington, Delaware
(Address of principal executive offices) 		  19899
(Zip Code)
 
Senior Debt 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     Items 3-15 are not applicable because to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.
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.*
 
  2.   A copy of the certificate of authority of the Trustee to commence business.*
 
  3.   A copy of the certificate of authority of the Trustee to exercise corporate trust powers.*
 
  4.   A copy of the existing bylaws of the Trustee.*
 
  5.   A copy of each Indenture referred to in Item 4. Not applicable.
 
  6.   The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939.*
 
  7.   Report of Condition of the Trustee as of September 30, 2009, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.
 
*   Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.

 

 

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 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 5th of January, 2010.
         
  U.S. BANK NATIONAL ASSOCIATION
 		  
  By:   /s/ Michelle Mena    
    Michelle Mena   
    Vice President   
 

 

 

Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
Exhibit 7
As of 9/30/2009
($000’s)
         
    9/30/2009  
Assets
        
Cash and Balances Due From
   $ 5,280,939  
Depository Institutions
        
Securities
     40,563,378  
Federal Funds
     3,740,525  
Loans & Lease Financing Receivables
     179,125,128  
Fixed Assets
     4,619,442  
Intangible Assets
     12,762,329  
Other Assets
     13,851,241  
 
      
Total Assets
   $ 259,942,982  
 
        
Liabilities
        
Deposits
   $ 180,624,239  
Fed Funds
     10,951,345  
Treasury Demand Notes
     0  
Trading Liabilities
     469,006  
Other Borrowed Money
     28,305,774  
Acceptances
     0  
Subordinated Notes and Debentures
     7,779,967  
Other Liabilities
     6,311,437  
 
      
Total Liabilities
   $ 234,441,768  
 
        
Equity
        
Minority Interest in Subsidiaries
   $ 1,640,987  
Common and Preferred Stock
     18,200  
Surplus
     12,642,020  
Undivided Profits
     11,200,007  
 
      
Total Equity Capital
   $ 25,501,214  
 
        
Total Liabilities and Equity Capital
   $ 259,942,982  
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/ Michelle Mena      
  Vice President     
       
 
Date: January 5, 2010