EX-25.1 10 20171212_ex25.1.htm

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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
(Exact name of trustee as specified in its charter)

New York
(Jurisdiction of incorporation
if not a U.S. national bank)

13-5160382
(I.R.S. employer
identification no.)

225 Liberty Street, New York, N.Y.
(Address of principal executive offices)

10286
(Zip code)


___________________________

ORANGE
(Exact name of obligor as specified in its charter)

France
(State or other jurisdiction of
incorporation or organization)

Not Applicable
(I.R.S. employer
identification no.)

78, rue Olivier de Serres
75015 Paris, France
(Address of principal executive offices)



(Zip code)

___________________________

Debt Securities
(Title of the indenture securities)

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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 the Department of Financial Services of the State of New York

One State Street, New York, N.Y. 10004-1417, and Albany, N.Y. 12223

Federal Reserve Bank of New York

33 Liberty Street, New York, N.Y. 10045

Federal Deposit Insurance Corporation

550 17th Street, NW
Washington, D.C. 20429

The Clearing House Association L.L.C.

100 Broad Street
New York, N.Y. 10004

(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 Organization Certificate of The Bank of New York Mellon (formerly known as The Bank of New York, itself 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, 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. 333-207042).

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. 333-188382).

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, 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 Woodland Park, and State of New Jersey, on the 1st day of December, 2017.

 

THE BANK OF NEW YORK MELLON

By: /s/         Laurence J. O’Brien           
Name:  Laurence J. O’Brien
Title:    Vice President

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Exhibit 7

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON

of 225 Liberty 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, 2017, 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...................................

4,189,000

Interest-bearing balances............................

85,914,000

Securities:

Held-to-maturity securities.........................

40,424,000

Available-for-sale securities.......................

74,557,000

Federal funds sold and securities purchased under agreements to resell:

  Federal funds sold in domestic offices.......

0

  Securities purchased under agreements to

  resell………………………………………

13,632,000

Loans and lease financing receivables:

Loans and leases held for sale…………….

0

Loans and leases held for investment……………..........................

32,260,000

LESS: Allowance for loan and
lease losses………..................................

137,000

Loans and leases held for investment, net of allowance............................................

32,123,000

Trading assets................................................

3,022,000

Premises and fixed assets (including capitalized leases).......................................

1,391,000

Other real estate owned.................................

4,000

Investments in unconsolidated subsidiaries and associated companies..........................

570,000

Direct and indirect investments in real estate ventures

0

Intangible assets:

  Goodwill.....................................................

6,308,000

  Other intangible assets...............................

876,000

Other assets...................................................

17,866,000

Total assets....................................................

280,876,000

LIABILITIES

Deposits:

In domestic offices.....................................

126,191,000

Noninterest-bearing....................................

80,114,000

Interest-bearing..........................................

46,077,000

In foreign offices, Edge and Agreement subsidiaries, and IBFs.............................

112,793,000

Noninterest-bearing....................................

9,023,000

Interest-bearing..........................................

103,770,000

Federal funds purchased and securities sold under agreements to repurchase:

  Federal funds purchased in domestic

    offices……………………………………................................................................... .

693,000

  Securities sold under agreements to

    repurchase................................................

2,388,000

Trading liabilities...........................................

3,136,000

Other borrowed money:
(includes mortgage indebtedness and obligations under capitalized leases)…….

2,784,000

Not applicable

Not applicable

Subordinated notes and debentures...............

515,000

Other liabilities..............................................

6,552,000

Total liabilities...............................................

255,052,000

EQUITY CAPITAL

Perpetual preferred stock and related
surplus…………………………………….

0

Common stock..............................................

1,135,000

Surplus (exclude all surplus related to preferred stock)..........................................

10,643,000

Retained earnings..........................................

15,327,000

Accumulated other comprehensive income………

-1,631,000

Other equity capital components…………………

0

Total bank equity capital...........................................

25,474,000

Noncontrolling (minority) interests in
consolidated subsidiaries ………………………

350,000

Total equity capital........................................

25,824,000

Total liabilities and equity capital..................

280,876,000

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
Samuel C. Scott
Joseph J. Echevarria

Directors