EX-7.5 4 eh1401192_ex0705.htm EXHIBIT 7.5 eh1401192_ex0705.htm
EXHIBIT 7.5
 
FORM T-1
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
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
(State of incorporation
if not a U.S. national bank)
13-5160382
(I.R.S. employer
identification no.)
   
One Wall Street, New York, NY
(Address of principal executive offices)
10286
(Zip code)
 
 
Methanex Corporation
(Exact name of obligor as specified in its charter)

Canada
(State or other jurisdiction of
incorporation or organization)
Not applicable
(I.R.S. employer
identification no.)
   
1800 Waterfront Centre
200 Burrard Street
Vancouver, British Columbia, Canada
(Address of principal executive offices)
V6C 3MI
(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, NY 10004-1417
   
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045
   
Federal Deposit Insurance Corporation
550 17th Street, N.W.
Washington, D.C. 20429
 
3501 N. Fairfax Drive
Arlington, VA 22226
   
The Clearing House Association, L.L.C.
450 West 33rd Street
New York, NY 10001
 
 
 
(b)
Whether it is authorized to exercise corporate trust powers.
 
Yes.
 
2.
Affiliations with Obligors.
 
If any of the obligors is an affiliate of the trustee, describe each such affiliation.
 
None.
 
3-15.
Pursuant to General Instruction B of the Form T-1, no responses are included for Items 3-15 of this Form T-1 because, to the best of The Bank of New York Mellon’s knowledge, the obligors are not in default on any securities issued under indentures under which The Bank of New York Mellon acts as trustee and the trustee is not a foreign trustee as provided under Item 15.
 
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 The Bank of New York and 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 and 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. 333-187736.)
 
 
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.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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 30th day of October, 2014.
 
 
 
THE BANK OF NEW YORK MELLON
  
     
       
 
By:
/s/ Arlene Thelwall  
    Arlene Thelwall  
    Vice President  
       
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
EXHIBIT 7
 
Consolidated Report of Condition of
 

THE BANK OF NEW YORK MELLON
 
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business June 30, 2014, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.
 
ASSETS
  
Dollar amounts in thousands
  
       
Cash and balances due from depository institutions:
      
Noninterest-bearing balances and currency
   and coin
     5,282,000  
Interest-bearing balances
     138,607,000  
Securities:
        
Held-to-maturity securities
     18,355,000  
Available-for-sale securities
     82,311,000  
Federal funds sold and securities purchased
   under agreements to resell:
        
   Federal funds sold in domestic offices
     118,000  
   Securities purchased under agreements to
   resell
     6,688,000  
Loans and lease financing receivables:
        
Loans and leases held for sale
     0  
Loans and leases, net of unearned
   income
     37,247,000  
LESS: Allowance for loan and
   lease losses
     172,000  
Loans and leases, net of unearned
   income and allowance
     37,075,000  
Trading assets
     6,553,000  
Premises and fixed assets (including
       capitalized leases)
     1,136,000  
Other real estate owned
     4,000  
Investments in unconsolidated subsidiaries
   and associated companies
     1,129,000  
Direct and indirect investments in real estate
   ventures
     0  
Intangible assets:
        
   Goodwill
     6,532,000  
   Other intangible assets
     1,224,000  
 
 
 
 
 
 
 
 
 
Other assets
     14,304,000  
Total assets
     319,318,000  
         
LIABILITIES
        
Deposits:
        
In domestic offices
     144,051,000  
Noninterest-bearing
     99,613,000  
Interest-bearing
     44,438,000  
In foreign offices, Edge and Agreement
   subsidiaries, and IBFs
     132,565,000  
Noninterest-bearing
     9,946,000  
Interest-bearing
     122,619,000  
Federal funds purchased and securities sold
    under agreements to repurchase:
        
   Federal funds purchased in domestic
       offices
     471,000  
   Securities sold under agreements to
       repurchase
     3,305,000  
Trading liabilities
     4,918,000  
Other borrowed money:
    (includes mortgage indebtedness and
    obligations under capitalized leases)
     4,273,000  
Not applicable
        
Not applicable
        
Subordinated notes and debentures
     1,065,000  
Other liabilities
     7,677,000  
Total liabilities
     298,325,000  
         
EQUITY CAPITAL
        
Perpetual preferred stock and related
   surplus
     0  
Common stock
     1,135,000  
Surplus (exclude all surplus related to
    preferred stock)
     10,008,000  
Retained earnings
     9,895,000  
Accumulated other comprehensive income
     -395,000  
Other equity capital components
     0  
Total bank equity capital
     20,643,000  
Noncontrolling (minority) interests in
   consolidated subsidiaries
     350,000  
Total equity capital
     20,993,000  
Total liabilities and equity capital
     319,318,000  
 
 
 
 
 
 
 
 
 
 
 
 
I, Thomas P. Gibbons, Chief Financial Officer of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.
 
Thomas P. Gibbons,
Chief Financial Officer
 
We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We 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 and is true and correct.
 
Gerald L. Hassell
Catherine A. Rein
Michael J. Kowalski
  
Directors