EX-25.2 9 w06577exv25w2.htm EX-25.2 exv25w2
 

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) ____________


THE BANK OF NEW YORK

(Exact name of trustee as specified in its charter)
     
New York   13-5160382
(Jurisdiction of incorporation   (I.R.S. Employer
if not a U.S. national bank)   Identification No.)
     
One Wall Street, New York, New York   10286
(Address of principal executive offices)   (Zip code)


AMERIGROUP Corporation

(Exact name of obligor as specified in its charter)
     
Delaware   54-1739323
(State or other jurisdiction   (I.R.S. Employer
of incorporation or organization)   Identification No.)
     
4425 Corporation Lane    
Virginia Beach, Virginia   23462
(Address of principal executive offices)   (Zip code)


Subordinated Debt Securities
(Title of the indenture securities)

 
 

 


 

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.

     
Superintendent of Banks of the
  2 Rector Street, New York, N.Y. 10006
   State of New York
     and Albany, N.Y. 12203
Federal Reserve Bank of New York
  33 Liberty Plaza, New York, N.Y. 10045
Federal Deposit Insurance Corporation
  550 17th Street, N.W., Washington, D.C. 20429
New York Clearing House Association
  New York, N.Y. 10005

  (b)   Whether it is authorized to exercise corporate trust powers.
 
      Yes.

Item 2. Affiliations with Obligor.

     If the obligor is an affiliate of the trustee, describe each such affiliation.

     None.

Item 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 (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 and Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637.)
 
       
4.
  -   A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed as Exhibit 25(a) to Registration Statement No. 333-102200.)
 
       
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. 33-44051.)
 
       
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, 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 New York, and State of New York, on the 11th day of March, 2005.

         
    THE BANK OF NEW YORK
 
       
  By:   /s/ Beata Hryniewicka
       
      Name: Beata Hryniewicka
      Title: Assistant Treasurer

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EXHIBIT 7
(Page 1 of 3)


Consolidated Report of Condition of
THE BANK OF NEW YORK
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business September 30, 2004, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.
         
    Dollar Amounts  
    In Thousands  
ASSETS
       
Cash and balances due from depository institutions:
       
Noninterest-bearing balances and currency and coin
  $ 3,036,306  
Interest-bearing balances
    9,034,655  
Securities:
       
Held-to-maturity securities
    1,693,598  
Available-for-sale securities
    20,325,634  
Federal funds sold and securities purchased under agreements to resell
       
Federal funds sold in domestic offices
    19,100  
Securities purchased under agreements to resell
    4,324,992  
Loans and lease financing receivables:
       
Loans and leases held for sale
    6,685  
Loans and leases, net of unearned income
    37,402,355  
LESS: Allowance for loan and lease losses
    594,211  
Loans and leases, net of unearned income and allowance
    36,808,144  
Trading Assets
    3,420,107  
Premises and fixed assets (including capitalized leases)
    969,419  
Other real estate owned
    1,253  
Investments in unconsolidated subsidiaries and associated companies
    253,729  
Customers’ liability to this bank on acceptances outstanding
    166,157  
Intangible assets
       
Goodwill
    2,708,882  
Other intangible assets
    748,171  
Other assets
    6,998,625  
 
     
Total assets
  $ 90,515,457  
 
     

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EXHIBIT 7
(Page 2 of 3)

         
    Dollar Amounts  
    In Thousands  
LIABILITIES
       
Deposits:
       
In domestic offices
  $ 40,236,165  
Noninterest-bearing
    15,201,748  
Interest-bearing
    25,034,417  
In foreign offices, Edge and Agreement subsidiaries, and IBFs
    24,110,224  
Noninterest-bearing
    300,559  
Interest-bearing
    23,809,665  
Federal funds purchased and securities sold under agreements to repurchase
       
Federal funds purchased in domestic offices
    717,565  
Securities sold under agreements to repurchase
    812,853  
Trading liabilities
    2,598,442  
Other borrowed money:
       
(includes mortgage indebtedness and obligations under capitalized leases)
    4,158,526  
Not applicable
       
Bank’s liability on acceptances executed and outstanding
    167,267  
Subordinated notes and debentures
    2,389,088  
Other liabilities
    6,730,454  
 
     
Total liabilities
  $ 81,920,584  
 
     
Minority interest in consolidated subsidiaries
    142,058  
 
       
EQUITY CAPITAL
       
Perpetual preferred stock and related surplus
    0  
Common stock
    1,135,284  
Surplus
    2,087,205  
Retained earnings
    5,213,125  
Accumulated other comprehensive income
    17,201  
Other equity capital components
    0  
Total equity capital
    8,452,815  
 
     
Total liabilities, minority interest, and equity capital
  $ 90,515,457  
 
     

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EXHIBIT 7
(Page 3 of 3)

I, Thomas J. Mastro, Senior Vice President and Comptroller 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 J. Mastro,
Senior Vice President and Comptroller

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.

     
Thomas A. Renyi
   
Gerald L. Hassell
   
Alan R. Griffith
  Directors

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