EX-25.2 10 d679268dex252.htm FORM T-1 STATEMENT OF ELIGIBILITY Form T-1 Statement of Eligibility

Exhibit 25.2

Registration No.            

 

 

 

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)

 

 

CITIBANK, N.A.

(Exact name of Trustee as specified in its charter)

 

 

 

A National Banking Association   13-5266470
(Jurisdiction of incorporation or
organization if not a U.S. national bank)		   (I.R.S. Employer
Identification No.)

 

399 Park Avenue,  
New York, New York   10043
(Address of principal executive office)   (Zip Code)

Citibank, N.A.

388 Greenwich Street, 14th floor

New York, N.Y. 10013

(212) 816-5805

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

 

 

NOMURA HOLDINGS , INC.

(Issuer with Respect to the Securities)

(Exact name of obligor as specified in its charter)

 

 

NOMURA HOLDINGS, INC.

(Exact name of Registrant as specified in its charter)

 

 

 

Japan   None
(State or other jurisdiction of
incorporation or organization)		   (I.R.S. employer
identification no.)

 

9-1, Nihonbashi 1-chome  
Chuo-ku, Tokyo  
Japan   103-8645
(Address of principal executive offices)   (Zip Code)

 

 

Senior Debt Securities

(Title of 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.

 

Name

   

Address

Comptroller of the Currency

    Washington, D.C.

Federal Reserve Bank of New York

    New York, NY

33 Liberty Street

   

New York, NY

   

Federal Deposit Insurance Corporation

    Washington, D.C.

(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.

 

Items 3 -15.

Not Applicable.

 

Item 16.

List of Exhibits.

List below all exhibits filed as a part of this Statement of Eligibility.

Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as exhibits hereto.

 

Exhibit 1 -

  

Copy of Articles of Association of the Trustee, as now in effect. (Exhibit 1 to T-1 filed October 5, 2012 under File No. 333-183223).

Exhibit 2 -

   Copy of certificate of authority of the Trustee to commence business. (Exhibit 2 to T-1 to Registration Statement No. 2-29577).

Exhibit 3 -

   Copy of authorization of the Trustee to exercise corporate trust powers. (Exhibit 3 to T-1 to Registration Statement No. 2-55519)

Exhibit 4 -

  

Copy of existing By-Laws of the Trustee. (Exhibit 4 to T-1 filed October 5, 2012 under File No. 333-183223).

Exhibit 5 -

   Not applicable.

Exhibit 6 -

   The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939. (Exhibit 6 to T-1 to Registration Statement No. 33-19227.)

Exhibit 7 -

  

Copy of the latest Report of Condition of Citibank, N.A. (as of December 31, 2017 – attached)

Exhibit 8 -

   Not applicable.

Exhibit 9 -

   Not applicable.

 

 

 

 

2

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, Citibank, N.A., a national 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 New York and State of New York, on the 11th day of January, 2019.

 

CITIBANK, N.A.

By

  

/s/ Danny Lee

         Danny Lee
         Senior Trust Officer

 

3

CONSOLIDATED BALANCE SHEET    Citigroup Inc. and Subsidiaries

 

     December 31,  
In millions of dollars    2017      2016  

Assets

      

Cash and due from banks

    $ 23,775      $ 23,043  

Deposits with banks

      156,741        137,451  

Federal funds sold and securities borrowed or purchased under agreements to resell (including $132,949 and $133,204 as of December 31, 2017 and December 31, 2016, respectively, at fair value)

      232,478        236,813  

Brokerage receivables

      38,384        28,887  

Trading account assets (including $99,460 and $80,986 pledged to creditors at December 31, 2017 and December 31, 2016, respectively)

      251,556        243,925  

Investments:

      

Available for sale (including $9,493 and $8,239 pledged to creditors as of December 31, 2017 and December 31, 2016, respectively)

      290,914        299,424  

Held to maturity (including $435 and $843 pledged to creditors as of December 31, 2017 and December 31, 2016, respectively)

      53,320        45,667  

Non-marketable equity securities (including $1,206 and $1,774 at fair value as of December 31, 2017 and December 31, 2016, respectively)

      8,056        8,213  

Total investments

    $ 352,290      $ 353,304  

Loans:

      

Consumer (including $25 and $29 as of December 31, 2017 and December 31, 2016, respectively, at fair value)

      333,656        325,063  

Corporate (including $4,349 and $3,457 as of December 31, 2017 and December 31, 2016, respectively, at fair value)

      333,378        299,306  

Loans, net of unearned income

    $ 667,034      $ 624,369  

Allowance for loan losses

      (12,355 )       (12,060 ) 

Total loans, net

    $ 654,679      $ 612,309  

Goodwill

      22,256        21,659  

Intangible assets (other than MSRs)

      4,588        5,114  

Mortgage servicing rights (MSRs)

      558        1,564  

Other assets (including $19,793 and $15,729 as of December 31, 2017 and December 31, 2016, respectively, at fair value)

      105,160        128,008  

Total assets

    $         1,842,465      $         1,792,077  

The following table presents certain assets of consolidated variable interest entities (VIEs), which are included in the Consolidated Balance Sheet above. The assets in the table below include those assets that can only be used to settle obligations of consolidated VIEs, presented on the following page, and are in excess of those obligations. Additionally, the assets in the table below include third-party assets of consolidated VIEs only and exclude intercompany balances that eliminate in consolidation.

 

     December 31,  
In millions of dollars    2017      2016  

Assets of consolidated VIEs to be used to settle obligations of consolidated VIEs

      

Cash and due from banks

    $ 52      $ 142  

Trading account assets

      1,129        602  

Investments

      2,498        3,636  

Loans, net of unearned income

      

Consumer

      54,656        53,401  

Corporate

      19,835        20,121  

Loans, net of unearned income

    $ 74,491      $ 73,522  

Allowance for loan losses

      (1,930 )       (1,769 ) 

Total loans, net

    $ 72,561      $ 71,753  

Other assets

      154        158  

Total assets of consolidated VIEs to be used to settle obligations of consolidated VIEs

    $              76,394      $              76,291  

Statement continues on the next page.

CONSOLIDATED BALANCE SHEET

(Continued)

   Citigroup Inc. and Subsidiaries

 

     December 31,  
In millions of dollars, except shares and per share amounts    2017      2016  

Liabilities

      

Non-interest-bearing deposits in U.S. offices

    $ 126,880      $ 136,698  

Interest-bearing deposits in U.S. offices (including $303 and $434 as of December 31, 2017 and December 31, 2016, respectively, at fair value)

      318,613        300,972  

Non-interest-bearing deposits in offices outside the U.S.

      87,440        77,616  

Interest-bearing deposits in offices outside the U.S. (including $1,162 and $778 as of December 31, 2017 and December 31, 2016, respectively, at fair value)

      426,889        414,120  

Total deposits

    $ 959,822      $ 929,406  

Federal funds purchased and securities loaned or sold under agreements to repurchase (including $40,638 and $33,663 as of December 31, 2017 and December 31, 2016, respectively, at fair value)

      156,277        141,821  

Brokerage payables

      61,342        57,152  

Trading account liabilities

      124,047        139,045  

Short-term borrowings (including $4,627 and $2,700 as of December 31, 2017 and December 31, 2016, respectively, at fair value)

      44,452        30,701  

Long-term debt (including $31,392 and $26,254 as of December 31, 2017 and December 31, 2016, respectively, at fair value)

      236,709        206,178  

Other liabilities (including $15,084 and $10,796 as of December 31, 2017 and December 31, 2016, respectively, at fair value)

      58,144        61,631  

Total liabilities

    $         1,640,793      $           1,565,934  

Stockholders’ equity

      

Preferred stock ($1.00 par value; authorized shares: 30 million), issued shares: 770,120 as of December 31, 2017 and December 31, 2016, at aggregate liquidation value

    $ 19,253      $ 19,253  

Common stock ($0.01 par value; authorized shares: 6 billion), issued shares: 3,099,523,273 and 3,099,482,042 as of December 31, 2017 and December 31, 2016, respectively

      31        31  

Additional paid-in capital

      108,008        108,042  

Retained earnings

      138,425        146,477  

Treasury stock, at cost: December 31, 2017—529,614,728 shares and December 31, 2016—327,090,192 shares

      (30,309 )       (16,302 ) 

Accumulated other comprehensive income (loss)

      (34,668 )       (32,381 ) 

Total Citigroup stockholders’ equity

    $ 200,740      $ 225,120  

Noncontrolling interest

      932        1,023  

Total equity

    $ 201,672      $ 226,143  

Total liabilities and equity

    $ 1,842,465      $ 1,792,077  

The following table presents certain liabilities of consolidated VIEs, which are included in the Consolidated Balance Sheet above. The liabilities in the table below include third-party liabilities of consolidated VIEs only and exclude intercompany balances that eliminate in consolidation. The liabilities also exclude amounts where creditors or beneficial interest holders have recourse to the general credit of Citigroup.

 

     December 31,  
In millions of dollars    2017      2016  

Liabilities of consolidated VIEs for which creditors or beneficial interest holders do not have recourse to the general credit of Citigroup

      

Short-term borrowings

    $ 10,079      $ 10,697  

Long-term debt

      30,492        23,919  

Other liabilities

      611        1,275  

Total liabilities of consolidated VIEs for which creditors or beneficial interest holders do not have recourse to the general credit of Citigroup

    $               41,182      $                35,891  

The Notes to the Consolidated Financial Statements are an integral part of these Consolidated Financial Statements.