EX-25.2 5 d396966dex252.htm EX-25.2 EX-25.2

Exhibit 25.2

 

 

 

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)

Steven Gomes

U.S. Bank Trust Company, National Association

One Federal Street

Boston, MA 02110

(617) 603-6549

(Name, address and telephone number of agent for service)

 

 

Tampa Electric Company

(Issuer with respect to the Securities)

 

 

 

Florida   59-0475140

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

702 North Franklin Street

Tampa, FL

  33602
(Address of Principal Executive Offices)   (Zip Code)

 

 

First Mortgage Bonds

(Title of the Indenture 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 THE 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 and exercise corporate trust powers , attached as Exhibit 2.

 

  3.

A copy of the existing bylaws of the Trustee.**

 

  4.

A copy of each Indenture referred to in Item 4. Not applicable.

 

  5.

The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 5.

 

  6.

Report of Condition of the Trustee as of June 30, 2022 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 6.

 

*

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.

**

Incorporated by reference to 305(b)(2), Registration Number 333-229783 filed on June 21, 2021.

 

2


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 and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Boston, Commonwealth of Massachusetts on the 13th day of October, 2022.

 

By:  

/s/ Steven J. Gomes

  Steven J. Gomes
  Vice President

 

3


Exhibit 2

 

LOGO  

Office of the Compt roller of the Currency

Washington, DC 20219

CERTIFICATE OF CORPORATE EXISTENCE AND FIDUCIARY POWERS

I, Michael J. Hsu, Acting Comptroller of the Currency, do hereby certify that:

1 . The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC I, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), is a national banking association fanned under the laws of the United States and is authorized thereunder to transact the business of banking and exercise fiduciary powers on the date of this certificate.

IN TESTIMONY WHEREOF, today, September 14, 2022, I have hereunto subscribed my nan1e and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Coltm1bia.

 

LOGO

 

Acting Comptroller of the Currency

 

LOGO

2022-01171-C

 

4


Exhibit 5

CONSENT

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

Dated: October 13, 2022

 

By:  

/s/ Steven J. Gomes

  Steven J. Gomes
  Vice President

 

5


Exhibit 6

U.S. Bank National Association

Statement of Financial Condition

As of 6/30/2022

($000’s)

 

     6/30/2022  

Assets

  

Cash and Balances Due From Depository Institutions

   $ 38,935,892  

Securities

     159,599,353  

Federal Funds

     7,282  

Loans & Lease Financing Receivables

     330,480,516  

Fixed Assets

     5,219,123  

Intangible Assets

     14,485,337  

Other Assets

     33,525,524  
  

 

 

 

Total Assets

   $ 582,252,757  

Liabilities

  

Deposits

   $ 477,431,873  

Fed Funds

     1,385,318  

Treasury Demand Notes

     0  

Trading Liabilities

     4,188,510  

Other Borrowed Money

     37,484,460  

Acceptances

     0  

Subordinated Notes and Debentures

     3,600,000  

Other Liabilities

     14,482,352  
  

 

 

 

Total Liabilities

   $ 538,572,513  

Equity

  

Common and Preferred Stock

     18,200  

Surplus

     14,288,431  

Undivided Profits

     28,740,289  

Minority Interest in Subsidiaries

     633,324  
  

 

 

 

Total Equity Capital

   $ 43,680,244  

Total Liabilities and Equity Capital

   $ 582,252,757  

 

6