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EXHIBIT 25.8
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FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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
(Exact name of trustee as specified in its charter)
New York 13-5160382
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
One Wall Street, New York, N.Y. 10286
(Address of principal executive offices) (Zip code)
____________
Sempra Energy Global Enterprises
(Exact name of obligor as specified in its charter)
California 33-0783483
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
101 Ash Street
San Diego, California 92101
(Address of principal executive offices) (Zip code)
____________
Debt Securities
(Title of the indenture securities)
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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.
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Name Address
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Superintendent of Banks of the State of 2 Rector Street, New York,
New York N.Y. 10006, and Albany, N.Y. 12203
Federal Reserve Bank of New York 33 Liberty Plaza, New York,
N.Y. 10045
Federal Deposit Insurance Corporation Washington, D.C. 20429
New York Clearing House Association New York, New York 10005
(b) Whether it is authorized to exercise corporate trust powers.
Yes.
2. Affiliations with Obligor.
If the obligor is an affiliate of the trustee, describe each such
affiliation.
None.
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
(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 and Exhibit 1
to Form T-1 filed with Registration Statement No. 33-29637.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1
filed with Registration Statement No. 33-31019.)
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.
33-44051.)
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.
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SIGNATURE
Pursuant to the requirements of the Act, the Trustee, The Bank of New York,
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 14th day of December, 2000.
THE BANK OF NEW YORK
By: /s/ MARY LAGUMINA
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Name: MARY LAGUMINA
Title: VICE PRESIDENT
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Consolidated Report of Condition of
THE BANK OF NEW YORK
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 September 30,
2000, published in accordance with a call made by the Federal Reserve Bank of
this District pursuant to the provisions of the Federal Reserve Act.
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<CAPTION>
Dollar Amounts
ASSETS In Thousands
<S> <C>
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin............................... $ 4,194,838
Interest-bearing balances........................................................ 4,596,320
Securities:
Held-to-maturity securities...................................................... 837,052
Available-for-sale securities.................................................... 4,877,379
Federal funds sold and Securities purchased under
agreements to resell............................................................. 3,085,401
Loans and lease financing receivables:
Loans and leases, net of unearned income......................................... 37,707,721
LESS: Allowance for loan and lease losses........................................ 598,990
LESS: Allocated transfer risk reserve............................................ 12,370
Loans and leases, net of unearned income, allowance, and reserve................. 37,096,361
Trading Assets...................................................................... 10,039,718
Premises and fixed assets (including capitalized leases)............................ 740,743
Other real estate owned............................................................. 4,714
Investments in unconsolidated subsidiaries and associated companies................. 178,845
Customers' liability to this bank on acceptances outstanding........................ 887,442
Intangible assets................................................................... 1,353,079
Other assets........................................................................ 4,982,250
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Total assets........................................................................ $72,874,142
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<TABLE>
<S> <C>
LIABILITIES
Deposits:
In domestic offices.............................................................. $26,812,643
Noninterest-bearing.............................................................. 11,206,758
Interest-bearing................................................................. 15,605,885
In foreign offices, Edge and Agreement subsidiaries, and IBFs.................... 26,338,068
Noninterest-bearing.............................................................. 520,061
Interest-bearing................................................................. 25,818,007
Federal funds purchased and Securities sold under agreements to repurchase.......... 1,789,285
Demand notes issued to the U.S.Treasury............................................. 100,000
Trading liabilities................................................................. 2,440,940
Other borrowed money:
With remaining maturity of one year or less...................................... 1,581,151
With remaining maturity of more than one year through three years................ 0
With remaining maturity of more than three years................................. 31,080
Bank's liability on acceptances executed and outstanding............................ 889,948
Subordinated notes and debentures................................................... 1,652,000
Other liabilities................................................................... 4,914,363
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Total liabilities................................................................... 66,549,478
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EQUITY CAPITAL
Common stock........................................................................ 1,135,285
Surplus............................................................................. 988,327
Undivided profits and capital reserves.............................................. 4,242,906
Net unrealized holding gains (losses) on available-for-sale securities.............. (11,848)
Accumulated net gains (losses) on cash flow hedges.................................. 0
Cumulative foreign currency translation adjustments................................. (30,006)
Total equity capital................................................................ 6,324,664
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Total liabilities and equity capital................................................ $72,874,142
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I, Thomas J. Mastro, Senior Vice President and Comptroller of the above-
named bank do hereby declare that this Report of Condition has been prepared in
conformance with the instructions issued by the Board of Governors of the
Federal Reserve System and is true to the best of my knowledge and belief.
Thomas J. Mastro
We, the undersigned directors, attest to the correctness of this Report of
Condition 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 Board of Governors of the Federal Reserve System and is true and
correct.
Thomas A. Renyi ]
Gerald L. Hassell ] Directors
Alan R. Griffith ]
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