EX-25.1 5 sbux-09132019exhibit251.htm EXHIBIT 25.1 Exhibit

Exhibit 25.1

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)   ¨
 
 

U.S. BANK NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)
31-0841368
I.R.S. Employer Identification No.
 
 
 
 
800 Nicollet Mall
Minneapolis, Minnesota
 
 
55402
 
(Address of principal executive offices)
 
 
(Zip Code)
 
Thomas Zrust
U.S. Bank National Association
1420 Fifth Avenue, 7 th Floor
Seattle, WA 98101
(206) 344-4687
(Name, address and telephone number of agent for service)
Starbucks Corporation
(Issuer with respect to the Securities)
 
Washington
 
 
91-1325671
 
(State or other jurisdiction of incorporation or organization)
 
 
(I.R.S. Employer Identification No.)
 
 
2401 Utah Avenue South
Seattle, Washington
 
 
98134
(Address of Principal Executive Offices)
 
 
(Zip Code)
 
Debt Securities
(Title of the Indenture Securities)



FORM T-1
 
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
 
 
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
Items 3 -15 are not applicable because to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.
 
Item   16.
LIST OF EXHIBITS:   List below all exhibits filed as a part of this statement of eligibility and qualification.
 
 
1.
A copy of the Articles of Association of the Trustee.*
 
2.
A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2.
 
3.
A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.
 
4.
A copy of the existing bylaws of the Trustee.**
 
5.
A copy of each Indenture referred to in Item 4. Not applicable.
 
6.
The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.
 
7.
Report of Condition of the Trustee as of June 30, 2019 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.
* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.
** Incorporated by reference to Exhibit 25.1 to registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.
 
2



SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Seattle, State of Washington on the 1st of September, 2019.
 
 
 
 
 
 
 
 
By:
 
/s/ Thomas Zrust
 
 
 
 
Thomas Zrust
 
 
 
 
Vice President
 
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Exhibit 2
 
sbux09132019exhibit25a.jpg
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Exhibit 3
 sbux-09132019exhibit25b.jpg
 
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Exhibit 6
CONSENT
In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.
Dated: September 1, 2019
 
 
 
 
 
 
 
 
By:
 
/s/ Thomas Zrust
 
 
 
 
Thomas Zrust
 
 
 
 
Vice President
 
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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 6/30/2019
($000’s)
 
 
 
6/30/2019
Assets
 
 
Cash and Balances Due From
 
$16,768,518

Depository Institutions
 
 
Securities
 
114,813,521

Federal Funds
 
3,737,619

Loans & Lease Financing Receivables
 
291,749,748

Fixed Assets
 
5,722,368

Intangible Assets
 
12,794,810

Other Assets
 
27,551,585

Total Assets
 
$473,138,169

 
 
Liabilities
 
 
Deposits
 

$364,531,324

Fed Funds
 
1,527,877

Treasury Demand Notes
 
0

Trading Liabilities
 
639,668

Other Borrowed Money
 
37,212,247

Acceptances
 
0

Subordinated Notes and Debentures
 
3,800,000

Other Liabilities
 
15,595,326

Total Liabilities
 
 $423,306,442

 
 
Equity
 
 
Common and Preferred Stock
 
18,200

Surplus
 
14,266,915

Undivided Profits
 
34,749,861

Minority Interest in Subsidiaries
 
796,751

Total Equity Capital
 
    $49,831,727

 
 
 
Total Liabilities and Equity Capital
 

$473,138,169

 
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