Exhibit 25.1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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)
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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
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(Address of principal executive offices) (Zip Code)
Rick Barnes
U.S. Bank National Association
21 South Street, 3rd Floor
Morristown, New Jersey 07960
(973) 898-7161
(Name, address and telephone number of agent for service)
Public Service Enterprise Group Incorporated
(Issuer with respect to the Securities)
New Jersey 22-2625848
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
80 Park Plaza
Newark, New Jersey 07101
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(Address of Principal Executive Offices) (Zip Code)
Senior Debt Securities
(Title of the Indenture Securities)
FORM T-1
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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.*
3. A copy of the certificate of authority of the Trustee to
exercise corporate trust powers.*
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 September 30, 2008
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 S-4,
Registration Number 333-145601 filed on August 21, 2007.
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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
Town of Morristown, State of New Jersey on the 17th of November, 2008.
By: /s/ Rick Barnes
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Rick Barnes
Vice President
By: /s/ Paul O'Brien
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Paul O'Brien
Vice President
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Exhibit 6
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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: November 17, 2008
By: /s/ Rick Barnes
--------------------------------
Rick Barnes
Vice President
By: /s/ Paul O'Brien
--------------------------------
Paul O'Brien
Vice President
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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 9/30/2008
($000's)
9/30/2008
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Assets
Cash and Balances Due From $ 7,232,911
Depository Institutions
Securities 36,927,854
Federal Funds 3,517,817
Loans & Lease Financing Receivables 165,651,532
Fixed Assets 3,030,773
Intangible Assets 12,172,606
Other Assets 14,063,317
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Total Assets $242,596,810
Liabilities
Deposits $147,640,677
Fed Funds 13,500,584
Treasury Demand Notes 0
Trading Liabilities 488,249
Other Borrowed Money 43,752,578
Acceptances 0
Subordinated Notes and Debentures 7,379,967
Other Liabilities 6,540,570
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Total Liabilities $219,302,625
Equity
Minority Interest in Subsidiaries $ 1,679,593
Common and Preferred Stock 18,200
Surplus 12,057,621
Undivided Profits 9,538,771
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Total Equity Capital $ 23,294,185
Total Liabilities and Equity Capital $242,596,810
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To the best of the undersigned's determination, as of the date hereof, the above
financial information is true and correct.
U.S. Bank National Association
By: /s/ Rick Barnes
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Vice President
Date: November 17, 2008
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