EX-25.2 8 c82437_ex25-2.htm

Exhibit 25.2

 

 

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)           o

 

 

 

THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)

 

(Jurisdiction of incorporation
if not a U.S. national bank)
  95-3571558
(I.R.S. employer
identification no.)
     
400 South Hope Street
Suite 400
Los Angeles, California
(Address of principal executive offices)
  90071
(Zip code)

 

 

 

MIDAMERICAN ENERGY COMPANY
(Exact name of obligor as specified in its charter)

 

Iowa
(State or other jurisdiction of
incorporation or organization)
  42-1425214
(I.R.S. employer
identification no.)
     
666 Grand Avenue, Suite 500
Des Moines, Iowa
(Address of principal executive offices)
  50309-2580
(Zip code)

 

 

 

Subordinated 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, 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”) 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).
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  4. A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-162713).
     
  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 Chicago, and State of Illinois, on the 14th day of September, 2015.

 

  THE BANK OF NEW YORK MELLON
  TRUST COMPANY, N.A.
   
  By: /s/ R. Tarnas
  Name: R. Tarnas
  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 400, Los Angeles, CA 90071

 

At the close of business June 30, 2015, 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     25,706 
Interest-bearing balances     215,394 
Securities:       
Held-to-maturity securities     0 
Available-for-sale securities     661,987 
Federal funds sold and securities purchased under agreements to resell:       
Federal funds sold     0 
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)     12,228 
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     90,615 
Other assets     126,234 
Total assets    $1,988,477 
1
LIABILITIES       
        
Deposits:       
In domestic offices     520 
Noninterest-bearing 520       
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)     0 
Not applicable       
Not applicable       
Subordinated notes and debentures     0 
Other liabilities     279,598 
Total liabilities     280,118 
Not applicable       
        
EQUITY CAPITAL       
        
Perpetual preferred stock and related surplus     0 
Common stock     1,000 
Surplus (exclude all surplus related to preferred stock)     1,122,352 
Not available       
Retained earnings     584,561 
Accumulated other comprehensive income     446 
Other equity capital components      0 
Not available       
Total bank equity capital     1,708,359 
Noncontrolling (minority) interests in consolidated subsidiaries     0 
Total equity capital     1,708,359 
Total liabilities and equity capital     1,988,477 

 

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    )  
William D. Lindelof, Director ) Directors (Trustees)
Alphonse J. Briand, Director )  
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