EX-25.1 5 sci-2020xs3asrxex251.htm EX-25.1 Document
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 TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
___________________________

95-3571558
(Jurisdiction of incorporation if not a U.S. national bank)
(I.R.S. employer
identification no.)
400 South Hope Street
Suite 500
Los Angeles, California
90071
(Address of principal executive offices)(Zip code)
___________________________
SERVICE CORPORATION INTERNATIONAL
(Exact name of obligor as specified in its charter)
___________________________

Texas
74-1488375
(State or other jurisdiction of incorporation or organization)
(I.R.S. employer
identification no.)
1929 Allen Parkway
Houston, Texas
77019
(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.
NameAddress
Comptroller of the Currency
United States Department of the Treasury

Washington, DC 20219
Federal Reserve Bank
San Francisco, CA 94105

Federal Deposit Insurance Corporation
Washington, DC 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").
1.    A copy of the articles of association of The Bank of New York Mellon Trust Company, N.A., formerly known as The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).
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. 333-152875).
4.    A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-229762).
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. 333-152875).
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 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 State of Pennsylvania, on the 10th day of December, 2020.
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
By: /s/ Shannon Matthews    
Name: Shannon Matthews
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 400 South Hope Street, Suite 500, Los Angeles, CA 90071

    At the close of business September 30, 2020, 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
$2,411 
Interest-bearing balances
350,611 
Securities:
Held-to-maturity securities
— 
Available-for-sale securities
147,515 
Equity securities with readily determinable fair values not held for trading
— 
Federal funds sold and securities purchased under agreements to resell:
Federal funds sold in domestic offices
— 
Securities purchased under agreements to resell
— 
Loans and lease financing receivables:
Loans and leases held for sale
— 
Loans and leases, held for investment
— 
LESS: Allowance for loan and lease losses
— 
Loans and leases held for investment, net of allowance
— 
Trading assets
— 
Premises and fixed assets (including capitalized leases)
23,626 
Other real estate owned
— 
Investments in unconsolidated subsidiaries and associated companies
— 
Direct and indirect investments in real estate ventures
— 
Intangible assets
856,313 
Other assets
98,031 
Total assets$1,478,507 
LIABILITIES
Deposits:
 
In domestic offices
2,258 
Noninterest-bearing
2,258 
Interest-bearing
— 
Not applicable
Federal funds purchased and securities sold under agreements to repurchase
— 
Federal funds purchased in domestic offices— 
Securities sold under agreements to repurchase— 
Trading liabilities— 
Other borrowed money:
(includes mortgage indebtedness and obligations under capitalized leases)— 
Not applicable
Not applicable
Subordinated notes and debentures— 
Other liabilities257,756
Total liabilities260,014
Not applicable
EQUITY CAPITAL:
Perpetual preferred stock and related surplus — 
Common stock1,000 
Surplus (exclude all surplus related to preferred stock)324,268 
Not available
Retained earnings891,685 
Accumulated other comprehensive income1,540 
Other equity capital components— 
Not available
Total bank equity capital 1,218,493 
Noncontrolling (minority) interests in consolidated subsidiaries— 
Total equity capital1,218,493 
Total liabilities and equity capital$1,478,507 

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    I, Matthew J. McNulty, CFO 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.

    Matthew J. McNulty     )    CFO


    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.

    Antonio I. Portuondo, President        )
    Michael P. Scott, Managing Director    )    Directors (Trustees)
    Kevin P. Caffrey, Managing Director    )                                
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