MVC Capital, Inc.
MVC CAPITAL, INC. (Form: 305B2, Received: 11/06/2017 16:16:42)

 

 

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

 


 

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

(Address of principal executive offices)

 

(Zip Code)

 

Karen R. Beard

U.S. Bank National Association

One Federal Street – 10 th  Floor

Boston, MA 02110

(617) 603-6565

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

 

MVC Capital, Inc.

(Issuer with respect to the Securities)

 

Delaware

 

94-3346760

(State or other jurisdiction of incorporation or organization)

 

(I.R.S. Employer Identification No.)

 

287 Bowman Avenue – 2 nd  Floor
Purchase, New York

 

10577

(Address of Principal Executive Offices)

 

(Zip Code)

 

Debt Securities

(Title of the Indenture Securities)

 

 

 



 

FORM T-1

 

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, attached as Exhibit 2.

 

3.      A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.

 

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 June 30, 2017 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 form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.

 

2



 

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 City of Boston, Commonwealth of Massachusetts on the 1st of November, 2017.

 

 

By:

/s/ Karen R. Beard

 

 

Karen R. Beard

 

 

Vice President

 

3



 

Exhibit 2

 

 

4



 

Exhibit 3

 

 

5



 

Exhibit 6

 

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 1, 2017

 

 

 

 

 

 

 

By:

/s/ Karen R. Beard

 

 

Karen R.Beard

 

 

Vice President

 

6



 

Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 6/30/2017

 

($000’s)

 

 

6/30/2017

 

Assets

 

 

 

Cash and Balances Due From Depository Institutions

 

$

28,930,463

 

Securities

 

110,114,701

 

Federal Funds

 

51,218

 

Loans & Lease Financing Receivables

 

276,413,785

 

Fixed Assets

 

4,477,993

 

Intangible Assets

 

12,859,050

 

Other Assets

 

24,062,996

 

Total Assets

 

$

456,910,206

 

 

 

 

 

Liabilities

 

 

 

Deposits

 

$

357,756,287

 

Fed Funds

 

998,184

 

Treasury Demand Notes

 

0

 

Trading Liabilities

 

878,885

 

Other Borrowed Money

 

33,876,373

 

Acceptances

 

0

 

Subordinated Notes and Debentures

 

3,800,000

 

Other Liabilities

 

12,866,522

 

Total Liabilities

 

$

410,176,251

 

 

 

 

 

Equity

 

 

 

Common and Preferred Stock

 

18,200

 

Surplus

 

14,266,915

 

Undivided Profits

 

31,649,555

 

Minority Interest in Subsidiaries

 

799,285

 

Total Equity Capital

 

$

46,733,955

 

 

 

 

 

Total Liabilities and Equity Capital

 

$

456,910,206

 

 

7