Exhibit 25.1

 

 

 

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 of

organization if not a U.S. national bank)

 

(I.R.S. Employer

Identification Number)

240 Greenwich Street

New York, New York

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

Legal Department

The Bank of New York Mellon

240 Greenwich Street

New York, NY 10286

(212) 635-1270

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

 

 

CHENIERE ENERGY PARTNERS, L.P.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   20-5913059

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification Number)

845 Texas Avenue, Suite 1250

Houston, Texas

  77002
(Address of principal executive offices)   (Zip code)

 

 

5.950% Senior Notes due 2033

(Title of the indenture securities)

 

 

 


TABLE OF ADDITIONAL OBLIGOR GUARANTORS

 

*

The following are additional obligors that are guaranteeing the securities registered hereby:

 

Exact Name of Obligor Guarantor as Specified in its
Charter(1)

  

State or Other

Jurisdiction of

Incorporation or

Organization

  

I.R.S. Employer

Identification

Number

Cheniere Energy Investments, LLC    Delaware    20-5913135
Sabine Pass LNG-GP, LLC    Delaware    20-0466019
Sabine Pass LNG, L.P.    Delaware    20-0466069
Sabine Pass Tug Services, LLC    Delaware    20-5570478
Cheniere Creole Trail Pipeline, L.P.    Delaware    20-4635194
Cheniere Pipeline GP Interests, LLC    Delaware    20-4634510

 

(1)

The address, including zip code, and telephone number, including area code, of each additional obligor guarantor’s executive offices is 845 Texas Avenue, Suite 1250, Houston, Texas 77002, (713) 375-5000.


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 the Department of Financial

Services of the State of New York

  

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

and Albany, N.Y. 12203

Federal Reserve Bank of New York    33 Liberty Street, New York, N.Y. 10045
Federal Deposit Insurance Corporation    550 17th Street, NW, Washington, D.C. 20429
The Clearing House Association L.L.C.    100 Broad Street, New York, N.Y. 10004

 

  (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”).

 

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. 333-229494.)
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. 333-229519.)
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 21st day of December, 2023.

 

THE BANK OF NEW YORK MELLON
By:  

/s/ Stacey B. Poindexter

  Name: Stacey B. Poindexter
  Title:    Vice President


EXHIBIT 7

(Page i of iii)

 

 

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON

of 240 Greenwich Street, New York, N.Y. 10286

And Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System, at the close of business September 30, 2023, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

 

ASSETS    Dollar amounts in thousands  

Cash and balances due from depository institutions:

  

Noninterest-bearing balances and currency and coin

     3,927,000  

Interest-bearing balances

     117,548,000  

Securities:

  

Held-to-maturity securities

     51,007,000  

Available-for-sale debt securities

     76,909,000  

Equity securities with readily determinable fair values not held for trading

     0  

Federal funds sold and securities purchased under agreements to resell:

  

Federal funds sold in domestic offices

     0  

Securities purchased under agreements to resell

     11,324,000  

Loans and lease financing receivables:

  

Loans and leases held for sale

     0  

Loans and leases held for investment

     32,188,000  

LESS: Allowance for loan and lease losses

     191,000  

Loans and leases held for investment, net of allowance

     31,997,000  

Trading assets

     5,271,000  

Premises and fixed assets (including capitalized leases)

     2,820,000  

Other real estate owned

     2,000  

Investments in unconsolidated subsidiaries and associated companies

     1,188,000  

Direct and indirect investments in real estate ventures

     0  

Intangible assets

     6,903,000  

Other assets

     19,572,000  
  

 

 

 

Total assets

     328,468,000  
  

 

 

 


EXHIBIT 7

(Page ii of iii)

 

LIABILITIES

  

Deposits:

  

In domestic offices

     189,421,000  

Noninterest-bearing

     59,576,000  

Interest-bearing

     129,845,000  

In foreign offices, Edge and Agreement subsidiaries, and IBFs

     91,289,000  

Noninterest-bearing

     5,210,000  

Interest-bearing

     86,079,000  

Federal funds purchased and securities sold under agreements to repurchase:

  

Federal funds purchased in domestic offices

     0  

Securities sold under agreements to repurchase

     4,227,000  

Trading liabilities

     3,215,000  

Other borrowed money:
(includes mortgage indebtedness and obligations under capitalized leases)

     2,000,000  

Not applicable

  

Not applicable

  

Subordinated notes and debentures

     0  

Other liabilities

     11,199,000  
  

 

 

 

Total liabilities

     301,351,000  
  

 

 

 

EQUITY CAPITAL

  

Perpetual preferred stock and related
surplus

     0  

Common stock

     1,135,000  

Surplus (exclude all surplus related to preferred stock)

     12,157,000  

Retained earnings

     18,051,000  

Accumulated other comprehensive income

     -4,226,000  

Other equity capital components

     0  

Total bank equity capital

     27,117,000  

Noncontrolling (minority) interests in
consolidated subsidiaries

     0  

Total equity capital

     27,117,000  
  

 

 

 

Total liabilities and equity capital

     328,468,000  
  

 

 

 


EXHIBIT 7

(Page iii of iii)

 

I, Dermot McDonogh, 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.

Dermot McDonogh

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.

 

Robin A. Vince

Jeffrey A. Goldstein

Joseph J. Echevarria

          Directors