EX-25 8 exhibit25.htm FORM T-1 exhibit25


Exhibit 25



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)

N/A
95-3571558
(Jurisdiction of incorporation of organization if not a U.S. national bank)
(I.R.S. Employer Identification No.)

400 South Hope Street, Suite 400
Los Angeles, California 90071
(Address of principal executive offices, including zip code)

Legal Department
The Bank of New York Mellon Trust Company, N.A.
One Wall Street, 15th Floor
New York, NY 10286
(212) 635-1270
(Name, address, including zip code, and telephone number, including area code, of agent of service)

Appalachian Power Company
 (Exact name of obligor as specified in its charter)
Virginia
54-0124790
(State or other jurisdiction or incorporation or organization)
(I.R.S. Employer Identification No.)

1 Riverside Plaza
Columbus, Ohio 43215
(Address of principal executive offices, including zip code)
______________________


Unsecured Notes
(Title of the indenture securities)



2


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.
Comptroller of the Currency
United States Department of the Treasury
Washington, DC 20219

Federal Deposit Insurance Corporation     
Washington, DC 20429            
                        
Federal Reserve Bank
San Francisco, CA 94105

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

Yes.

ITEM 2.    AFFILIATIONS WITH THE OBLIGOR.

If the obligor is an affiliate of the trustee, describe each 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 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).
4.
A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-162713).
5.
Not applicable.
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.
8.
Not applicable.
9.
Not applicable.

2



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 Chicago, and State of Illinois, on the ___ day of December, 2014.

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

By:     ___________________________________                                        Name:
Title:


3




EXHIBIT 7

Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
of 400 South Hope Street, Suite 400, Los Angeles, CA 90071

At the close of business September 30, 2014, published in accordance with Federal regulatory authority instructions.
ASSETS
 
 
 
Dollar amounts in thousands
 
 
 
 
 
Cash and balances due from depository institutions:
 
 
 
 
Noninterest-bearing balances and currency and coin .....................................................
2,482

 
Interest-bearing balances ................................................................................................
286

Securities:
 
 
 
 
Held-to-maturity securities .............................................................................................

 
Available-for-sale securities ...........................................................................................
644,967

Federal funds sold and securities purchased under agreements to resell:
 
 
 
Federal funds sold ..........................................................................................................
178,000

 
Securities purchased under agreements to resell ............................................................

Loans and lease financing receivables:
 
 
 
 
Loans and leases held for sale ........................................................................................

 
Loans and leases, net of unearned income .....................................................

 
 
LESS: Allowance for loan and lease losses ....................................................

 
 
Loans and leases, net of unearned income and allowance .............................................

Trading assets ..................................................................................................................................

Premises and fixed assets (including capitalized leases) ................................................................
11,971

Other real estate owned ...................................................................................................................

Investments in unconsolidated subsidiaries and associated companies ..........................................

Direct and indirect investments in real estate ventures ...................................................................

Intangible assets:
 
 
 
 
Goodwill .........................................................................................................................
856,313

 
Other intangible assets ....................................................................................................
110,619

Other assets .....................................................................................................................................
126,482

Total assets ......................................................................................................................................
$
1,931,120




4



LIABILITIES
 
 
 
 
 
 
 
 
Deposits:
 
 
 
 
In domestic offices .........................................................................................................
904

 
Noninterest-bearing ....................................................................................
904

 
 
Interest-bearing ...........................................................................................

 
 
Not applicable
 
Federal funds purchased and securities sold under agreements to repurchase:
 
 
Federal funds purchased ................................................................................................

 
Securities sold under agreements to repurchase ............................................................

Trading liabilities ............................................................................................................................

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

Not applicable
 
 
 
Not applicable
 
 
 
Subordinated notes and debentures .................................................................................................

Other liabilities ................................................................................................................................
257,116

Total liabilities .................................................................................................................................
258,020

Not applicable
 
 
 
 
 
EQUITY CAPITAL
 
 
 
 
 
Perpetual preferred stock and related surplus .................................................................................

Common stock ................................................................................................................................
1,000

Surplus (exclude all surplus related to preferred stock) ..................................................................
1,122,128

Not applicable
 
 
 
 
Retained Earnings ..........................................................................................................
549,211

 
Accumulated other comprehensive income ...................................................................
761

Other equity capital components .....................................................................................................

Not applicable
 
 
 
 
Total bank equity capital ................................................................................................
1,673,100

 
Noncontrolling (minority) interests in consolidated subsidiaries ..................................

Total equity capital ..........................................................................................................................
1,673,100

Total liabilities and equity capital ...................................................................................................
$
1,931,120



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     )
William D. Lindelof, Director    )    Directors (Trustees)
Alphonse J. Briand, Director    )    


5