Exhibit 25.4
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) o
DEUTSCHE BANK TRUST COMPANY AMERICAS
(formerly BANKERS TRUST COMPANY)
(Exact name of trustee as specified in its charter)
NEW YORK |
| 13-4941247 |
(Jurisdiction of Incorporation or |
| (I.R.S. Employer |
organization if not a U.S. national bank) |
| Identification no.) |
60 WALL STREET |
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NEW YORK, NEW YORK |
| 10005 |
(Address of principal |
| (Zip Code) |
executive offices) |
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Deutsche Bank Trust Company Americas
Attention: Lynne Malina
Legal Department
60 Wall Street, 37th Floor
New York, New York 10005
(212) 250 – 0677
(Name, address and telephone number of agent for service)
IDACORP, Inc.
(Exact name of obligor as specified in its charter)
IDAHO |
| 82-0505802 |
(State or other jurisdiction |
| (IRS Employer Identification No.) |
of incorporation or organization) |
|
|
1221 West Idaho Street
Boise, Idaho 83702-5627
Tel. No.: (208) 388-2200
(Address and telephone number of Registrant’s principal executive offices)
Debt Securities
(Title of the 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 |
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Federal Reserve Bank (2nd District) |
| New York, NY |
Federal Deposit Insurance Corporation |
| Washington, D.C. |
New York State Banking Department |
| Albany, NY |
(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.
Item 3. -15. Not Applicable
Item 16. List of Exhibits.
Exhibit 1 - Restated Organization Certificate of Bankers Trust Company dated August 6, 1998, Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated September 25, 1998, Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated December 16, 1998, and Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated February 27, 2002 - Incorporated herein by reference to Exhibit 1 filed with Form T-1 Statement, Registration No. 333-157637-01.
Exhibit 2 - Certificate of Authority to commence business - Incorporated herein by reference to Exhibit 2 filed with Form T-1 Statement, Registration No. 333-157637-01.
Exhibit 3 - Authorization of the Trustee to exercise corporate trust powers - Incorporated herein by reference to Exhibit 3 filed with Form T-1 Statement, Registration No. 333-157637-01.
Exhibit 4 - Existing By-Laws of Deutsche Bank Trust Company Americas, as amended on April 15, 2002 business - Incorporated herein by reference to Exhibit 4 filed with Form T-1 Statement, Registration No. 333-157637-01.
Exhibit 5 - Not applicable.
Exhibit 6 - Consent of Bankers Trust Company required by Section 321(b) of the Act. - business - Incorporated herein by reference to Exhibit 6 filed with Form T-1 Statement, Registration No. 333-157637-01.
Exhibit 7 - The latest report of condition of Deutsche Bank Trust Company Americas dated as of December 31, 2012. Copy attached.
Exhibit 8 - Not Applicable.
Exhibit 9 - Not Applicable.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Deutsche Bank Trust Company Americas, 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 this 13th day of May, 2013.
| DEUTSCHE BANK TRUST COMPANY AMERICAS | ||
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| By: | /s/ CAROL NG |
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| CAROL NG |
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| VICE PRESIDENT |
| FFIEC 031 Legal Title of Bank Page 15 of 71 RC-1 City State Zip Code Consolidated Report of Condition for Insured Banks and Savings Associations for December 31, 2012 All schedules are to be reported in thousands of dollars. Unless otherwise indicated, report the amount outstanding as of the last business day of the quarter. Schedule RC—Balance Sheet Dollar Amounts in Thousands RCFD Tril | Bil | Mil | Thou Assets 1. Cash and balances due from depository institutions (from Schedule RC-A): a. Noninterest-bearing balances and currency and coin (1) ___________________________________________________________________ 0081 1.a b. Interest-bearing balances (2) ________________________________________________________________________________________ 0071 1.b 2. Securities: a. Held-to-maturity securities (from Schedule RC-B, column A) _________________________________________________________________ 1754 2.a b. Available-for-sale securities (from Schedule RC-B, column D) ______________________________________________________________ 1773 2.b 3. Federal funds sold and securities purchased under agreements to resell: RCON a. Federal funds sold in domestic offices __________________________________________________________________________________ B987 3.a RCFD b. Securities purchased under agreements to resell (3) _______________________________________________________________________ B989 3.b 4. Loans and lease financing receivables (from Schedule RC-C): a. Loans and leases held for sale ________________________________________________________________________________________ 5369 4.a b. Loans and leases, net of unearned income _______________________________________________________________________________ B528 4.b c. LESS: Allowance for loan and lease losses ______________________________________________________________________________ 3123 4.c d. Loans and leases, net of unearned income and allowance (item 4.b minus 4.c) _________________________________________________ B529 4.d 5. Trading assets (from Schedule RC-D) _____________________________________________________________________________________ 3545 5 6. Premises and fixed assets (including capitalized leases) _____________________________________________________________________ 2145 6 7. Other real estate owned (from Schedule RC-M) _____________________________________________________________________________ 2150 7 8. Investments in unconsolidated subsidiaries and associated companies ________________________________________________ 2130 8 9. Direct and indirect investments in real estate ventures________________________________________________________________ 3656 9 10. Intangible assets: a. Goodwill ___________________________________________________________________________________________________________ 3163 10.a b. Other intangible assets (from Schedule RC-M)____________________________________________________________________________ 0426 10.b 11. Other assets (from Schedule RC-F) _______________________________________________________________________________________ 2160 11 12. Total assets (sum of items 1 through 11) __________________________________________________________________________________ 2170 12 (1) Includes cash items in process of collection and unposted debits. (2) Includes time certificates of deposit not held for trading. (3) Includes all securities resale agreements in domestic and foreign offices, regardless of maturity. DEUTSCHE BANK TRUST COMPANY AMERICAS NEW YORK NY 10005 FDIC Certificate Number: 00623 185,000 12,435,000 0 12,000 156,000 15,000,000 0 19,791,000 59,000 19,732,000 3,750,000 47,000 17,000 0 0 0 46,000 5,017,000 56,397,000 |
| FFIEC 031 Legal Title of Bank Page 15a of 71 RC-1a Schedule RC—Continued Dollar Amounts in Thousands Tril | Bil | Mil | Thou Liabilities 13. Deposits: RCON a. In domestic offices (sum of totals of columns A and C from Schedule RC-E, part I) 2200 13.a (1) Noninterest-bearing (1) ___________________________________________________________________________________________ 6631 13.a.1 (2) Interest-bearing __________________________________________________________________________________________________ 6636 13.a.2 b. In foreign offices, Edge and Agreement subsidiaries, and IBFs RCFN (from Schedule RC-E, part II) __________________________________________________________________________________________ 2200 13.b (1) Noninterest-bearing _______________________________________________________________________________________________ 6631 13.b.1 (2) Interest-bearing _________________________________________________________________________________________________ 6636 13.b.2 14. Federal funds purchased and securities sold under agreements to repurchase: RCON a. Federal funds purchased in domestic offices (2) ___________________________________________________________________________ B993 14.a RCFD b. Securities sold under agreements to repurchase (3) ________________________________________________________________________ B995 14.b 15. Trading liabilities (from Schedule RC-D) ___________________________________________________________________________________ 3548 15 16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) (from Schedule RC-M) ___________________________________________________________________________ 3190 16 17. and 18. Not applicable 19. Subordinated notes and debentures (4) ________________________________________________________________ 3200 19 20. Other liabilities (from Schedule RC-G) ____________________________________________________________________________________ 2930 20 21. Total liabilities (sum of items 13 through 20) ________________________________________________________________________________ 2948 21 22. Not applicable (1) Includes noninterest-bearing demand, time, and savings deposits. (2) Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, “Other borrowed money.” (3) Includes all securities repurchase agreements in domestic and foreign offices, regardless of maturity. (4) Includes limited-life preferred stock and related surplus. DEUTSCHE BANK TRUST COMPANY AMERICAS FDIC Certificate Number: 00623 27,588,000 20,391,000 7,197,000 12,345,000 8,085,000 4,260,000 4,821,000 0 71,000 940,000 0 1,728,000 47,493,000 |
| FFIEC 031 Legal Title of Bank Page 16 of 71 RC-2 Equity Capital Bank Equity Captal RCFD Tril | Bil | Mil | Thou 23. Perpetual preferred stock and related surplus___________________________________________________________________ 3838 23 24. Common stock ______________________________________________________________________________________________ 3230 24 25. Surplus (excludes all surplus related to preferred stock)____________________________________________________________ 3839 25 26. a. Retained earnings_______________________________________________________________________________________ 3632 26.a b. Accumulated other comprehensive income (5)________________________________________________________________ B530 26.b c. Other equity capital components (6)____________________________________________________________________ A130 26.c 27. a. Total bank equity capital (sum of items 23 through 26.c) _______________________________________________________ 3210 27.a b. Noncontrolling (minority) interests in consolidated subsidiaries _________________________________________________ 3000 27.b 28. Total equity capital (sum of items 27.a and 27.b) _____________________________________________________________ G105 28 29. Total liabilities and equity capital (sum of items 21 and 28) _______________________________________________________ 3300 29 Memoranda To be reported with the March Report of Condition. 1. Indicate in the box at the right the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent external RCFD Number auditors as of any date during 2011 __________________________________________________________________________________ 6724 M.1 1 = Independent audit of the bank conducted in accordance with generally 4 = Directors' examination of the bank conducted in accordance with accepted auditing standards by a certified public accounting firm generally accepted auditing standards by a certified public which submits a report on the bank accounting firm (may be required by state chartering authority) 2 = Independent audit of the bank's parent holding company conducted in 5 = Directors' examination of the bank performed by other external accordance with generally accepted auditing standards by a certified auditors (may be required by state chartering authority) public accounting firm which submits a report on the consolidated 6 = Review of the bank's financial statements by external auditors holding company (but not on the bank separately) 7 = Compilation of the bank's financial statements by external auditors 3 = Attestation on bank management's assertion on the effectiveness of the bank's 8 = Other audit procedures (excluding tax preparation work) internal control over financial reporting by a certified public accounting firm. 9 = No external audit work To be reported with the March Report of Condition. RCON MM / DD 2. Bank's fiscal year-end date ______________________________________________________________________ 8678 M.2 (5) Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other post retirement plan adjustments. (6) Includes treasury stock and unearned Employee Stock Ownership Plan shares. DEUTSCHE BANK TRUST COMPANY AMERICAS FDIC Certificate Number: 00623 0 2,127,000 594,000 5,899,000 36,000 0 8,656,000 248,000 8,904,000 56,397,000 N/A N/A |
