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EXHIBIT 25.1
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UNITED STATES
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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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.)
FOUR ALBANY STREET
NEW YORK, NEW YORK 10006
(Address of principal (Zip Code)
executive offices)
BANKERS TRUST COMPANY
LEGAL DEPARTMENT
130 LIBERTY STREET, 31ST FLOOR
NEW YORK, NEW YORK 10006
(212) 250-2201
(Name, address and telephone number of agent for service)
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QWEST COMMUNICATIONS INTERNATIONAL, INC.
(Exact name of obligor as specified in its charter)
DELAWARE 84-0978360
(State or other jurisdiction of (I.R.S. employer
Incorporation or organization) Identification no.)
555 SEVENTEENTH STREET
DENVER, CO 80202
(Address of principal executive offices) (Zip Code)
25-2
9.47% SENIOR DISCOUNT NOTES DUE 2007
(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 7, 1990, Certificate of Amendment
of the Organization Certificate of Bankers Trust Company
dated June 21, 1995 - Incorporated herein by reference
to Exhibit 1 filed with Form T-1 Statement, Registration
No. 33-65171, Certificate of Amendment of the
Organization Certificate of Bankers Trust Company dated
March 20, 1996, incorporated by referenced to Exhibit 1
filed with Form T-1 Statement, Registration No.
333-25843 and Certificate of Amendment of the
Organization Certificate of Bankers Trust Company dated
June 19, 1997, incorporated by reference to Exhibit 1
filed with Form T-1 Statement, Registration No.
333-32935.
EXHIBIT 2 - Certificate of Authority to commence business
Incorporated herein by reference to Exhibit 2 filed with
Form T-1 Statement, Registration No. 33-21047.
EXHIBIT 3 - Authorization of the Trustee to exercise corporate
trust powers Incorporated herein by reference to Exhibit
25-3
2 filed with Form T-1 Statement, Registration No.
33-21047.
EXHIBIT 4 - Existing By-Laws of Bankers Trust Company, as
amended on February 18, 1997, Incorporated herein by
reference to Exhibit 4 filed with Form T-1 Statement,
Registration No. 333-24509-01.
EXHIBIT 5 - Not applicable.
EXHIBIT 6 - Consent of Bankers Trust Company required by Section
321(b) of the Act. Incorporated herein by reference to
Exhibit 4 filed with Form T-1 Statement, Registration
No. 22-18864.
EXHIBIT 7 - The latest report of condition of Bankers Trust
Company dated as of September 30, 1997, as attached
hereto.
EXHIBIT 8 - Not Applicable.
EXHIBIT 9 - Not Applicable.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as
amended, the trustee, Bankers Trust Company, 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 __th day
of December, 1997.
BANKERS TRUST COMPANY
25-4
By: /s/ MELISSA KAYE ADELSON
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Melissa Kaye Adelson
Vice President
EXHIBIT 7
25-5
Legal Title of Bank: Bankers Trust Company Call Date: 09/30/97 ST-BK: 36-4840 FFIEC 031
Address: 130 Liberty Street Vendor ID: D CERT: 00623 Page RC-1
City, State ZIP: New York, NY 10006 11
FDIC Certificate No.: | 0 | 0 | 6 | 2 | 3
CONSOLIDATED REPORT OF CONDITION FOR INSURED COMMERCIAL
AND STATE-CHARTERED SAVINGS BANKS FOR SEPTEMBER 30, 1997
All schedules are to be reported in thousands of dollars. Unless otherwise
indicated, reported the amount outstanding as of the last business day of the
quarter.
SCHEDULE RC--BALANCE SHEET
C400
Dollar Amounts in Thousands RCFD Bil Mil Thou
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ASSETS //////////////////
1. Cash and balances due from depository institutions (from Schedule RC-A): //////////////////
a. Noninterest-bearing balances and currency and coin (1) ................ 0081 1,526,000 1.a.
b. Interest-bearing balances (2) ......................................... 0071 2,591,000 1.b.
2. Securities: //////////////////
a. Held-to-maturity securities (from Schedule RC-B, column A) ............ 1754 0 2.a.
b. Available-for-sale securities (from Schedule RC-B, column D)........... 1773 3,903,000 2.b.
3. Federal funds sold and securities purchased under agreements to resell....... 1350 29,339,000 3.
4. Loans and lease financing receivables: //////////////////
a. Loans and leases, net of unearned income (from Schedule RC-C) RCFD 2122 19,343,000 ////////////////// 4.a.
b. LESS: Allowance for loan and lease losses.......................RCFD 3123 723,000 ////////////////// 4.b.
c. LESS: Allocated transfer risk reserve ..........................RCFD 3128 0 ////////////////// 4.c.
d. Loans and leases, net of unearned income, //////////////////
allowance, and reserve (item 4.a minus 4.b and 4.c) ........................ 2125 18,620,000 4.d.
5. Trading Assets (from schedule RC-D) ............................................. 3545 43,032,000 5.
6. Premises and fixed assets (including capitalized leases) ......................... 2145 766,000 6.
7. Other real estate owned (from Schedule RC-M) ..................................... 2150 186,000 7.
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8. Investments in unconsolidated subsidiaries and associated companies (from Schedule RC-M) 2130 59,000 8.
9. Customers' liability to this bank on acceptances outstanding ..................... 2155 703,000 9.
10. Intangible assets (from Schedule RC-M) ........................................... 2143 84,000 10.
11. Other assets (from Schedule RC-F) ................................................ 2160 5,343,000 11.
12. Total assets (sum of items 1 through 11) ......................................... 2170 106,152,000 12.
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(1) Includes cash items in process of collection and unposted debits.
(2) Includes time certificates of deposit not held for trading.
Legal Title of Bank: Bankers Trust Company Call Date: 09/30/97 ST-BK: 36-4840 FFIEC 031
Address: 130 Liberty Street Vendor ID: D CERT: 00623 Page RC-2
City, State Zip: New York, NY 10006 12
FDIC Certificate No.: | 0 | 0 | 6 | 2 | 3
SCHEDULE RC--CONTINUED
Dollar Amounts in Thousands //////// Bil Mil Thou
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LIABILITIES ////////////////////////
13. Deposits: ////////////////////////
a. In domestic offices (sum of totals of columns A and C from Schedule RC-E, part I) RCON 2200 22,016,000 13.a.
(1) Noninterest-bearing(1) .....................RCON 6631 2,272,000......... //////////////////////// 13.a.(1)
(2) Interest-bearing .................................RCON 6636 19,744,000......... //////////////////////// 13.a.(2)
b. In foreign offices, Edge and Agreement subsidiaries, and IBFs (from Schedule RC-E ////////////////////////
part II) RCFN 2200 26,396,000 13.b.
(1) Noninterest-bearing ..............................RCFN 6631 1,304,000 //////////////////////// 13.b.(1)
(2) Interest-bearing .................................RCFN 6636 25,092,000 //////////////////////// 13.b.(2)
14. Federal funds purchased and securities sold under agreements to repurchase RCFD 2800 11,779,000 14.
15. a. Demand notes issued to the U.S. Treasury ..............................................RCON 2840 0 15.a.
b. Trading liabilities (from Schedule RC-D)...............................................RCFD 3548 23,059,000 15.b.
16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized
leases): ////////////////////////
a. With a remaining maturity of one year or less .........................................RCFD 2332 6,391,000 16.a.
b. With a remaining maturity of more than one year through three years...................A547 369,000 16.b.
c. With a remaining maturity of more than three years.....................................A548 3,176,000 16.c
17. Not Applicable. /////////////////////// 17.
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18. Bank's liability on acceptances executed and outstanding ...................................RCFD 2920 703,000 18.
19. Subordinated notes and debentures (2).......................................................RCFD 3200 1,250,000 19.
20. Other liabilities (from Schedule RC-G) .....................................................RCFD 2930 5,222,000 20.
21. Total liabilities (sum of items 13 through 20) .............................................RCFD 2948 100,361,000 21.
22. Not Applicable ////////////////////////
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EQUITY CAPITAL ////////////////////////
23. Perpetual preferred stock and related surplus ..............................................RCFD 3838 1,000,000 23.
24. Common stock ...............................................................................RCFD 3230 1,202,000 24.
25. Surplus (exclude all surplus related to preferred stock) ...................................RCFD 3839 540,000 25.
26. a. Undivided profits and capital reserves ................................................RCFD 3632 3,409,000 26.a.
b. Net unrealized holding gains (losses) on available-for-sale securities ................RCFD 8434 15,000 26.b.
27. Cumulative foreign currency translation adjustments ........................................RCFD 3284 (375,000) 27.
28. Total equity capital (sum of items 23 through 27) ..........................................RCFD 3210 5,791,000 28.
29. Total liabilities and equity capital (sum of items 21 and 28)...............................RCFD 3300 106,152,000 29.
Memorandum
To be reported only 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 auditors as of any date during 1996
Number ......................RCFD 6724 N/A M.1
1 = Independent audit of the bank conducted in accordance with generally
accepted auditing standards by a certified public accounting firm which
submits a report on the bank
2 = Independent audit of the bank's parent holding company conducted in
accordance with generally accepted auditing standards by a certified public
accounting firm which submits a report on the consolidated holding company
(but not on the bank separately)
3 = Directors' examination of the bank conducted in accordance with generally
accepted auditing standards by a certified public accounting firm (may be
required by state chartering authority)
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4 = Directors' examination of the bank performed by other external auditors
(may be required by state chartering authority)
5 = Review of the bank's financial statements by external auditors
6 = Compilation of the bank's financial statements by external auditors
7 = Other audit procedures (excluding tax preparation work)
8 = No external audit work
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(1) Including total demand deposits and noninterest-bearing time and savings
deposits.
(2) Includes limited-life preferred stock and related surplus.