EX-25.(E) 15 c67694_ex25-e.htm

 

 

 

Exhibit 25(E)

 



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

13-5160382

(Jurisdiction of incorporation

(I.R.S. employer

if not a U.S. national bank)

identification no.)

 

 

One Wall Street, New York, N.Y.

10286

(Address of principal executive offices)

(Zip code)


 

 

 

 

 

 

 

 

 

General Electric Capital Corporation
(Exact name of obligor as specified in its charter)


 

 

Delaware
(State or other jurisdiction of
incorporation or organization)

13-1500700
(I.R.S. employer
identification no.)

 

 

901 Main Avenue
Norwalk, Connecticut
(Address of principal executive offices)


06851
(Zip code)


 

 

 

 

 

 

 

Support Obligations and Interests Therein
(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 Banks 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

 

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.

 

 

 

 

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).

- 2 -



 

 

 

 

4.

A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-154173).

 

 

 

 

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. 333-152735).

 

 

 

 

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.

- 3 -


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 New York, and State of New York, on the 29th day of November, 2011.

 

 

 

 

 

THE BANK OF NEW YORK MELLON

 

 

 

By:

/s/

Scott I. Klein

 

 

   

 

 

Name: 

Scott Klein

 

 

Title:

Vice President

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EXHIBIT 7

 

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON

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, 2011, 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

 

 

6,134,000

 

Interest-bearing balances

 

 

111,418,000

 

Securities:

 

 

 

 

Held-to-maturity securities

 

 

4,012,000

 

Available-for-sale securities

 

 

68,423,000

 

Federal funds sold and securities purchased
under agreements to resell:

 

 

 

 

Federal funds sold in domestic offices

 

 

5,000

 

Securities purchased under agreements to
resell

 

 

717,000

 

Loans and lease financing receivables:

 

 

 

 

Loans and leases held for sale

 

 

15,000

 

Loans and leases, net of unearned
income

 

 

28,969,000

 

LESS: Allowance for loan and
lease losses

 

 

373,000

 

Loans and leases, net of unearned
income and allowance

 

 

28,596,000

 

Trading assets

 

 

7,535,000

 

Premises and fixed assets (including
capitalized leases)

 

 

1,208,000

 

Other real estate owned

 

 

10,000

 

Investments in unconsolidated subsidiaries
and associated companies

 

 

977,000

 

Direct and indirect investments in real estate
ventures

 

 

0

 

Intangible assets:

 

 

 

 

Goodwill

 

 

6,368,000

 

Other intangible assets

 

 

1,655,000

 

Other assets

 

 

14,456,000

 

Total assets

 

 

251,529,000

 




 

 

 

 

 

LIABILITIES

 

 

 

 

Deposits:

 

 

 

 

In domestic offices

 

 

115,751,000

 

Noninterest-bearing

 

 

77,937,000

 

Interest-bearing

 

 

37,814,000

 

In foreign offices, Edge and Agreement
subsidiaries, and IBFs

 

 

90,304,000

 

Noninterest-bearing

 

 

2,817,000

 

Interest-bearing

 

 

87,487,000

 

Federal funds purchased and securities sold
    under agreements to repurchase:

 

 

 

 

Federal funds purchased in domestic
offices

 

 

2,157,000

 

Securities sold under agreements to
repurchase

 

 

1,012,000

 

Trading liabilities

 

 

7,170,000

 

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

 

 

3,663,000

 

Not applicable

 

 

 

 

Not applicable

 

 

 

 

Subordinated notes and debentures

 

 

3,505,000

 

Other liabilities

 

 

9,746,000

 

Total liabilities

 

 

233,308,000

 

 

 

 

 

 

EQUITY CAPITAL

 

 

 

 

Perpetual preferred stock and related
surplus

 

 

0

 

Common stock

 

 

1,135,000

 

Surplus (exclude all surplus related to
preferred stock)

 

 

9,493,000

 

Retained earnings

 

 

7,963,000

 

Accumulated other comprehensive income

 

 

-720,000

 

Other equity capital components

 

 

0

 

Total bank equity capital

 

 

17,871,000

 

Noncontrolling (minority) interests in
consolidated subsidiaries

 

 

350,000

 

Total equity capital

 

 

18,221,000

 

Total liabilities and equity capital

 

 

251,529,000

 



          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

 

 

Catherine A. Rein

 

Directors

John P. Surma