EX-25.1 6 nt10011440x1_ex25-1.htm EXHIBIT 25.1

Exhibit 25.1

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
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 500
Los Angeles, California
(Address of principal executive offices)
90071
(Zip code)




Centene Corporation
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
42-1406317
(I.R.S. employer
identification no.)
   
7700 Forsyth Boulevard
St. Louis, Missouri
(Address of principal executive offices)
 
63105
(Zip code)



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").


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. 333-229762).


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 Pittsburgh, and State of Pennsylvania, on the 28th day of April, 2020.


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

By:
/s/ Shannon Matthews
    Name:    Shannon Matthews
    Title:      Agent
     


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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 500, Los Angeles, CA 90071

At the close of business December 31, 2019, 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
2,602
   
Interest-bearing balances
236,971
Securities:
     
   
Held-to-maturity securities
0
   
Available-for-sale securities
171,155
   
Equity securities with readily determinable fair values not held for trading
0
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, held for investment
0
   
LESS: Allowance for loan and lease losses
0
   
Loans and leases held for investment, net of allowance
0
Trading assets
 
0
Premises and fixed assets (including capitalized leases)
23,484
Other real estate owned
 
0
Investments in unconsolidated subsidiaries and associated companies
0
Direct and indirect investments in real estate ventures
0
     
Intangible assets
 
856,313
Other assets
 
103,122
Total assets
 
$
1,393,647

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LIABILITIES
     
       
Deposits:
     
 
In domestic offices
 
3,658
   
Noninterest-bearing
3,658
   
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)
19,123
Not applicable
     
Not applicable
     
Subordinated notes and debentures
0
Other liabilities
   
231,041
Total liabilities
   
253,822
Not applicable
     
       
EQUITY CAPITAL
     
       
Perpetual preferred stock and related surplus
0
Common stock
   
1,000
Surplus (exclude all surplus related to preferred stock)
323,946
Not available
     
 
Retained earnings
814,573
 
Accumulated other comprehensive income
306
Other equity capital components
0
Not available
     
 
 Total bank equity capital
1,139,825
 
 Noncontrolling (minority) interests in consolidated subsidiaries
0
Total equity capital
1,139,825
Total liabilities and equity capital
1,393,647




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          )
Michael P. Scott, Managing Director          )          Directors (Trustees)
Kevin P. Caffrey, Managing Director          )



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