EX-25.1 10 dp107412_ex2501.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
(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.)

   

240 Greenwich Street, New York, N.Y.

(Address of principal executive offices)

 

10286

(Zip code)

 

Legal Department

The Bank of New York Mellon

240 Greenwich Street

New York, NY 10286

(212) 635-1270

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

 

 

 

Lloyds Banking Group plc

(Exact name of obligor as specified in its charter)

 

Scotland

(State or other jurisdiction of

incorporation or organization)

Not Applicable

(I.R.S. employer

identification no.)

   

25 Gresham Street

London EC2V 7HN

United Kingdom

(Address of principal executive offices)

Not Applicable

(Zip code)

 

 

 

 

Senior 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
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, N.W., Washington, D.C. 20429
The Clearing House Association L.L.C. 1114 Avenue of the Americas, 17th Floor, New York, N.Y. 10036

 

(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 la and lb 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.

 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, the trustee, The Bank of New York Mellon, a banking 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 London, England, on the day of , 2019.

 

  THE BANK OF NEW YORK MELLON
     
  By: /s/ Marilyn Chau
    Name: Marilyn Chau
    Title:     Vice President

 

 

 

 

 

 

EXHIBIT 7

 

 

Consolidated Report of Condition of

 

THE BANK OF NEW YORK MELLON

 

of 240 Greenwich Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System, at the close of business March 31, 2019, 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 5,343,000
Interest-bearing balances 71,186,000
Securities:  
Held-to-maturity securities 33,972,000
Available-for-sale securities 81,376,000
Equity securities with readily determinable fair values not held for trading 36,000
Federal funds sold and securities purchased under agreements to resell:  
   Federal funds sold in domestic offices 0

Securities purchased under agreements to resell 

26,490,000
Loans and lease financing receivables:  
Loans and leases held for sale 0
Loans and leases held for investment 24,620,000
LESS: Allowance for loan and
lease losses
116,000
Loans and leases held for investment, net of allowance 24,504,000
Trading assets 2,542,000
Premises and fixed assets (including capitalized leases) 2,497,000
Other real estate owned 2,000
Investments in unconsolidated subsidiaries and associated companies 1,777,000
Direct and indirect investments
in real estate ventures
            0
Intangible assets: 7,065,000
Other assets

14,405,000

 

 

Total assets

271,195,000

LIABILITIES  
Deposits:  
In domestic offices 125,776,000
Noninterest-bearing 54,550,000
Interest-bearing 71,226,000
In foreign offices, Edge and Agreement subsidiaries, and IBFs 101,943,000
Noninterest-bearing 5,893,000
Interest-bearing 96,050,000
Federal funds purchased and securities sold under agreements to repurchase:  
   Federal funds purchased in domestic offices 1,582,000

Securities sold under agreements to repurchase  

1,168,000
Trading liabilities 2,207,000
Other borrowed money:
(includes mortgage indebtedness and obligations under capitalized leases)…….
5,385,000
Not applicable  
Not applicable  
Subordinated notes and debentures 515,000
Other liabilities

6,603,000

Total liabilities

245,179,000 

EQUITY CAPITAL  
Perpetual preferred stock and related
surplus
0
Common stock 1,135,000
Surplus (exclude all surplus related to preferred stock) 11,051,000
Retained earnings 15,181,000
Accumulated other comprehensive income -1,701,000
Other equity capital components 0
Total bank equity capital 25,666,000
Noncontrolling (minority) interests in
consolidated subsidiaries
350,000
Total equity capital

26,016,000

Total liabilities and equity capital

271,195,000

 

 

 

I, Michael Santomassimo, 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.

 

Michael Santomassimo
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.

 

Charles W. Scharf

Samuel C. Scott

Joseph J. Echevarria  

  Directors