Exhibit 25.3

 

 

 

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

(Exact name of trustee as specified in its charter)

 

 

 

New York   13-5160382

(Jurisdiction of incorporation

if not a U.S. national bank)

 

(I.R.S. Employer

Identification No.)

One Wall Street

New York, New York

  10286
(Address of principal executive offices)   (Zip code)

Legal Department

The Bank of New York Mellon

One Wall Street, 15th Floor

New York, NY 10286

(212) 635-1270

(Name, address and telephone number of agent for service)

 

 

Cheniere Energy, Inc.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   95-4352386

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

700 Milam Street, Suite 1900
Houston, Texas
  77002
(Address of principal executive offices)   (Zip code)

 

 

4.875% Unsecured PIK Convertible Notes due 2021

(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.

 

Superintendent of Banks of the State of New York

Federal Reserve Bank of New York

Federal Deposit Insurance Corporation

New York Clearing House Association

One State Street, New York, N.Y. 10004-1417 and Albany, N.Y. 12203

33 Liberty Plaza, New York, N.Y. 10045

550 17th Street, N.W., Washington, D.C. 20429

New York, N.Y. 10005

 

  (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 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 Organization Certificate of The Bank of New York Mellon (formerly The Bank of New York (formerly Irving Trust Company)) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672, Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637, Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121195 and Exhibit 1 to Form T-1 filed as Exhibit 25.1 to Current Report on Form 8-K of Nevada Power Company, Date of Report (Date of Earliest Event Reported) July 25, 2008 (File No. 000-52378).)
4. - A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 with Registration Statement No. 333-155238.)
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. 333-152856.)
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.


SIGNATURE

Pursuant to the requirements of the Act, the Trustee, The Bank of New York Mellon, 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 22nd day of May, 2015.

 

THE BANK OF NEW YORK MELLON
By:

/s/ Latoya S. Elvin

Name: Latoya S. Elvin
Title: Vice President


EXHIBIT 7

(Page i of iii)

 

 

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON

of One Wall Street, New York, N.Y. 10286

And Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System, at the close of business March 31, 2015, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

 

     Dollar amounts in thousands  

ASSETS

  

Cash and balances due from depository institutions:

  

Noninterest-bearing balances and currency and coin

     6,613,000   

Interest-bearing balances

     100,335,000   

Securities:

  

Held-to-maturity securities

     40,489,000   

Available-for-sale securities

     84,634,000   

Federal funds sold and securities purchased under agreements to resell:

  

Federal funds sold in domestic offices

     286,000   

Securities purchased under agreements to resell

     17,419,000   

Loans and lease financing receivables:

  

Loans and leases held for sale

     140,000   

Loans and leases, net of unearned income

     37,058,000   

LESS: Allowance for loan and lease losses

     167,000   

Loans and leases, net of unearned income and allowance

     36,891,000   

Trading assets

     6,999,000   

Premises and fixed assets (including capitalized leases)

     1,060,000   

Other real estate owned

     4,000   

Investments in unconsolidated subsidiaries and associated companies

     529,000   

Direct and indirect investments in real estate ventures

     0   

Intangible assets:

  

Goodwill

     6,312,000   

Other intangible assets

     1,124,000   

Other assets

     13,864,000   
  

 

 

 

Total assets

  316,699,000   
  

 

 

 


EXHIBIT 7

(Page ii of iii)

 

LIABILITIES

Deposits:

In domestic offices

  145,060,000   

Noninterest-bearing

  95,182,000   

Interest-bearing

  49,878,000   

In foreign offices, Edge and Agreement subsidiaries, and IBFs

  127,760,000   

Noninterest-bearing

  16,001,000   

Interest-bearing

  111,759,000   

Federal funds purchased and securities sold under agreements to repurchase:

Federal funds purchased in domestic offices .

  1,188,000   

Securities sold under agreements to repurchase

  129,000   

Trading liabilities

  6,658,000   

Other borrowed money:

(includes mortgage indebtedness and obligations under capitalized leases)

  5,934,000   

Not applicable

Not applicable

Subordinated notes and debentures

  765,000   

Other liabilities

  8,262,000   
  

 

 

 

Total liabilities

  295,756,000   
  

 

 

 

EQUITY CAPITAL

Perpetual preferred stock and related surplus

  0   

Common stock

  1,135,000   

Surplus (exclude all surplus related to preferred stock)

  10,155,000   

Retained earnings

  10,713,000   

Accumulated other comprehensive income

  -1,410,000   

Other equity capital components

  0   

Total bank equity capital

  20,593,000   

Noncontrolling (minority) interests in consolidated subsidiaries

  350,000   

Total equity capital

  20,943,000   
  

 

 

 

Total liabilities and equity capital

  316,699,000   
  

 

 

 

 

ii


EXHIBIT 7

(Page iii of iii)

 

I, Thomas P. Gibbons, Chief Financial Officer of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.

 

Thomas P. Gibbons,
Chief Financial Officer

We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We 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 and is true and correct.

 

Gerald L. Hassell

Catherine A. Rein

Michael J. Kowalski

 

Directors

 

 

 

iii