EX-25.01 9 a2187691zex-25_01.htm EXHIBIT 25.01
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Exhibit 25.01

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
TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)


(State of incorporation
if not a U.S. national bank)

  95-3571558
(I.R.S. employer
identification no.)




700 South Flower Street
Suite 500
Los Angeles, California

(Address of principal executive offices)


 

       
       
90017

(Zip code)


SOUTHWESTERN PUBLIC SERVICE COMPANY
(Exact name of obligor as specified in its charter)

New Mexico
(State or other jurisdiction of
incorporation or organization)

  75-0575400
(I.R.S. employer
identification no.)




Tyler at Sixth Street
Amarillo, Texas

(Address of principal executive offices)


 

       
       
79101

(Zip code)


Senior Unsecured 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

Comptroller of the Currency
United States Department of the Treasury

  Washington, D.C. 20219

Federal Reserve Bank

 

San Francisco, California 94105

Federal Deposit Insurance Corporation

 

Washington, D.C. 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") and 17 C.F.R. 229.10(d).

    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. 333-152875).

    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 Los Angeles, and State of California, on the 27th day of August, 2008.

    THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

 

 

By:

 

/s/ 
RAYMOND TORRES

    Name:   RAYMOND TORRES
    Title:   ASSISTANT VICE PRESIDENT

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EXHIBIT 7

Consolidated Report of Condition of
THE BANK OF NEW YORK TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017

        At the close of business June 30, 2008, 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

          1,964  
 

Interest-bearing balances

          0  

Securities:

             
 

Held-to-maturity securities

          35  
 

Available-for-sale securities

          295,737  

Federal funds sold and securities purchased under agreements to resell:

             
 

Federal funds sold

          34,400  
 

Securities purchased under agreements to resell

          90,123  

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)

          12,357  

Other real estate owned

          0  

Investments in unconsolidated subsidiaries and associated companies

          0  

Not applicable

             

Intangible assets:

             
 

Goodwill

          876,153  
 

Other intangible assets

          286,743  

Other assets

          140,067  
             

Total assets

        $ 1,737,579  
             

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  Dollar Amounts in Thousands  

LIABILITIES

             

Deposits:

             
 

In domestic offices

          1,406  
   

Noninterest-bearing

    1,406        
   

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)

          218,691  

Not applicable

             

Not applicable

             

Subordinated notes and debentures

          0  

Other liabilities

          132,014  

Total liabilities

          352,111  

Minority interest in consolidated subsidiaries

          0  

EQUITY CAPITAL

             

Perpetual preferred stock and related surplus

          0  

Common stock

          1,000  

Surplus (exclude all surplus related to preferred stock)

          1,121,520  

Retained earnings

          262,078  

Accumulated other comprehensive income

          870  

Other equity capital components

          0  

Total equity capital

          1,385,468  
             

Total liabilities, minority interest, and equity capital

          1,737,579  
             

        I, Karen Bayz, Vice President 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   )   Vice President

        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.

Michael K. Klugman, President   )    
Frank P. Sulzberger, MD   )   Directors (Trustees)
William D. Lindelof, VP   )    

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