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Target Corp – ‘S-3ASR’ on 5/8/18 – ‘EX-25’

On:  Tuesday, 5/8/18, at 4:26pm ET   ·   Effective:  5/8/18   ·   Accession #:  1047469-18-3580   ·   File #:  333-224749

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 5/08/18  Target Corp                       S-3ASR      5/08/18    6:936K                                   Merrill Corp/New/FA

Automatic Shelf Registration Statement for Securities of a Well-Known Seasoned Issuer   —   Form S-3
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-3ASR      Automatic Shelf Registration Statement for          HTML    355K 
                          Securities of a Well-Known Seasoned                    
                          Issuer                                                 
 2: EX-1.(A)    Underwriting Agreement                              HTML    173K 
 3: EX-5        Opinion re: Legality                                HTML     33K 
 4: EX-23.(B)   Consent of Experts or Counsel                       HTML      7K 
 5: EX-24       Power of Attorney                                   HTML     52K 
 6: EX-25       Statement re: Eligibility of Trustee -- Form T-1|2  HTML     78K 


EX-25   —   Statement re: Eligibility of Trustee — Form T-1|2


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]




Exhibit 25

 

 

 

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

 


 

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

(Exact name of trustee as specified in its charter)

 

N/A

 

95-3571558

(State of incorporation
if not a U.S. national bank)

 

(I.R.S. employer
identification no.)

 

 

 

400 South Hope Street, Suite 500
Los Angeles, California

 

90071

(Address of principal executive offices)

 

(Zip code)

 


Legal Department
        The Bank of New York Mellon Trust Company, N.A.
 225 Liberty Street
 New York, NY  10286
(212) 635-1270
 (Name, address and telephone number of agent for service)

 


 

TARGET CORPORATION

(Exact name of obligor as specified in its charter)

 

Minnesota

 

41-0215170

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

 

1000 Nicollet Mall
Minneapolis, Minnesota

 

55403-2467

(Address of principal executive offices)

 

(Zip code)

 


 

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

Comptroller of the Currency — United States Department of the Treasury

 

Washington, D.C. 20219

 

 

 

Federal Reserve Bank

 

San Francisco, California 94105

 

 

 

Federal Deposit Insurance Corporation

 

Washington, D.C. 20429

 

(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 articles of association of the trustee.  (Exhibit 1 to Form T-1 filed pursuant to Section 305(b)(2) of the Act in connection with Registration Statement No. 333-135006-10)

 

2.                                      A copy of certificate of authority of the trustee to commence business.  (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).

 

3.                                      A copy of the authorization of the trustee to exercise corporate trust powers.  (Exhibit 3 to Form T-1 filed pursuant to Section 305(b)(2) of the Act in connection with Registration Statement No. 333-135006-10).

 

4.                                      A copy of the existing by-laws of the trustee.  (Exhibit 4 to Form T-1 filed pursuant to Section 305(b)(2) of the Act in connection with Registration Statement No. 333-135006-10).

 

5.                                      Not applicable.

 

6.                                      The consent of the trustee required by Section 321(b) of the Act.  (Exhibit 6 to Form T-1 filed pursuant to Section 305(b)(2) of the Act in connection with Registration Statement No. 333-135006-10).

 

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.

 

8.                                      Not applicable.

 

9.                                      Not applicable.

 

2



 

SIGNATURE

 

Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Chicago, and State of Illinois, on the 8th day of May, 2018.

 

 

THE BANK OF NEW YORK MELLON

 

TRUST COMPANY, N.A.

 

 

 

 

By:

/s/ Lawrence M. Kusch

 

 

Name:

Lawrence M. Kusch

 

 

Title:

Vice President

 

3


 

EXHIBIT 7

 

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

of 400 South Hope Street, Suite 500, Los Angeles, CA 90071

 

At the close of business March 31, 2018, published in accordance with Federal regulatory authority instructions.

 

 

 

 

 

Dollar amounts

 

 

 

 

in thousands

 

ASSETS

 

 

 

 

 

 

 

 

 

Cash and balances due from depository institutions:

 

 

 

 

Noninterest-bearing balances and currency and coin

 

 

3,649

 

Interest-bearing balances

 

 

432,247

 

Securities:

 

 

 

 

Held-to-maturity securities

 

 

0

 

Available-for-sale securities

 

 

593,024

 

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

 

 

0

 

Securities purchased under agreements to resell

 

 

0

 

Loans and lease financing receivables:

 

 

 

 

Loans and leases held for sale

 

 

0

 

Loans and leases held for investment

 

 

0

 

LESS: Allowance for loan and lease losses

 

 

0

 

Loans and leases held for investment, net of allowance

 

 

0

 

Trading assets

 

 

0

 

Premises and fixed assets (including capitalized leases)

 

 

10,325

 

Other real estate owned

 

 

0

 

Investments in unconsolidated subsidiaries and associated companies

 

 

0

 

Direct and indirect investments in real estate ventures

 

 

0

 

Intangible assets:

 

 

 

 

Goodwill

 

 

856,313

 

Other intangible assets

 

 

17,729

 

Other assets

 

 

123,432

 

Total assets

 

 

$

2,036,719

 

 

 

 

 

 

 

LIABILITIES

 

 

 

 

 

 

 

 

 

Deposits:

 

 

 

 

In domestic offices

 

 

731

 

Noninterest-bearing

 

 

731

 

Interest-bearing

 

 

0

 

Not applicable

 

 

 

 

Federal funds purchased and securities sold under agreements to repurchase:

 

 

 

 

Federal funds purchased

 

 

0

 

Securities sold under agreements to repurchase

 

 

0

 

Trading liabilities

 

 

0

 

 



 

Other borrowed money:

 

 

 

 

(includes mortgage indebtedness and obligations under capitalized leases)

 

 

0

 

Not applicable

 

 

 

 

Not applicable

 

 

 

 

Subordinated notes and debentures

 

 

0

 

Other liabilities

 

 

226,421

 

Total liabilities

 

 

227,152

 

 

 

 

 

 

EQUITY CAPITAL

 

 

 

 

 

 

 

 

 

Not applicable

 

 

 

 

Perpetual preferred stock and related surplus

 

 

0

 

Common stock

 

 

1,000

 

Surplus (exclude all surplus related to preferred stock)

 

 

1,123,298

 

Not available

 

 

 

 

Retained earnings

 

 

687,782

 

Accumulated other comprehensive income

 

 

-2,513

 

Other equity capital components

 

 

0

 

Not available

 

 

 

 

Total bank equity capital

 

 

1,809,567

 

Noncontrolling (minority) interests in consolidated subsidiaries

 

 

0

 

Total equity capital

 

 

1,809,567

 

Total liabilities and equity capital

 

 

2,036,719

 

 

I, Matthew J. McNulty, CFO of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.

 

Matthew J. McNulty           )               CFO

 

We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date and 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 issued by the appropriate Federal regulatory authority and is true and correct.

 

Antonio I. Portuondo, President

 

)

 

 

William D. Lindelof, Director

 

)

 

Directors (Trustees)

Alphonse J. Briand, Director

 

)

 

 

 




Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-3ASR’ Filing    Date    Other Filings
Filed on / Effective on:5/8/18None on these Dates
3/31/18
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