Exhibit 25.01
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 CHASE MANHATTAN BANK
(Exact name of trustee as specified in its charter)
| New York (State of incorporation if not a national bank) | 13-4994650 (IRS employer identification No.) | |
270 Park Avenue New York, New York (Address of principal executive offices) | 10017 (Zip Code) |
William H. McDavid
General Counsel
270 Park Avenue
New York, New York 10017
Tel: (212) 270-2611
(Name, address and telephone number of agent for service)
Corning Finance B.V.
(Exact name of obligor as specified in its charter)
| The Netherlands (State or other jurisdiction of incorporation or organization) | N/A (IRS employer identification No.) | |
Strawinskylaan 3105 1007 Amsterdam The Netherlands (Address of principal executive offices) | N/A (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.
New York State Banking Department, State House, Albany, New York 12110.
Board of Governors of the Federal Reserve System, Washington, D.C., 20551
Federal Reserve Bank of New York, District No. 2, 33 Liberty Street, New York, N.Y.
Federal Deposit Insurance Corporation, Washington, D.C., 20429.
(b) Whether it is authorized to exercise corporate trust powers.
Yes.
Item 2. Affiliations with the Obligor.
If the obligor is an affiliate of the trustee, describe each such affiliation.
None.
Item 16. List of Exhibits
List below all exhibits filed as a part of this Statement of Eligibility.
1. A copy of the Articles of Association of the Trustee as now in effect, including the Organization Certificate and the Certificates of Amendment dated February 17, 1969, August 31, 1977, December 31, 1980, September 9, 1982, February 28, 1985, December 2, 1991 and July 10, 1996 (see Exhibit 1 to Form T-1 filed in connection with Registration Statement No. 333-06249, which is incorporated by reference).
2. A copy of the Certificate of Authority of the Trustee to Commence Business (see Exhibit 2 to Form T-1 filed in connection with Registration Statement No. 33-50010, which is incorporated by reference. On July 14, 1996, in connection with the merger of Chemical Bank and The Chase Manhattan Bank (National Association), Chemical Bank, the surviving corporation, was renamed The Chase Manhattan Bank).
3. None, authorization to exercise corporate trust powers being contained in the documents identified above as Exhibits 1 and 2.
4. A copy of the existing By-Laws of the Trustee (see Exhibit 4 to Form T-1 filed in connection with Registration Statement No. 333-76439, which is incorporated by reference).
5. Not applicable.
6. The consent of the Trustee required by Section 321(b) of the Act (see Exhibit 6 to Form T-1 filed in connection with Registration Statement No. 33-50010, which is incorporated by reference. On July 14, 1996, in connection with the merger of Chemical Bank and The Chase Manhattan Bank (National Association), Chemical Bank, the surviving corporation, was renamed The Chase Manhattan Bank).
7. A copy of the latest report of condition of the Trustee, published pursuant to law or the requirements of its supervising or examining authority.
8. Not applicable.
9. Not applicable.
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Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, The Chase Manhattan Bank, 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 8th day of March, 2001.
| THE CHASE MANHATTAN BANK | |||
By: | /s/ ROBERT S. PESCHLER Robert S. Peschler Assistant Vice President | ||
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Bank Call Notice
RESERVE DISTRICT NO. 2
CONSOLIDATED REPORT OF CONDITION OF
The Chase Manhattan Bank
of 270 Park Avenue, New York, New York 10017
and Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System,
at the close of business September 30, 2000, 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 Millions | ||||
|---|---|---|---|---|---|
| ASSETS | |||||
Cash and balances due from depository institutions: | |||||
| Noninterest-bearing balances and currency and coin | $ | 17,515 | |||
| Interest-bearing balances | 4,770 | ||||
| Securities: | |||||
| Held to maturity securities | 598 | ||||
| Available for sale securities | 62,624 | ||||
| Federal funds sold and securities purchased under agreements to resell | 30,503 | ||||
| Loans and lease financing receivables: | |||||
| Loans and leases, net of unearned income | $ | 155,252 | |||
| Less: Allowance for loan and lease losses | 2,445 | ||||
| Less: Allocated transfer risk reserve | 0 | ||||
| Loans and leases, net of unearned income, allowance, and reserve | 152,807 | ||||
| Trading Assets | 51,438 | ||||
| Premises and fixed assets (including capitalized leases) | 4,205 | ||||
| Other real estate owned | 17 | ||||
| Investments in unconsolidated subsidiaries and associated companies | 379 | ||||
| Customers' liability to this bank on acceptances outstanding | 491 | ||||
| Intangible assets | 4,386 | ||||
| Other assets | 16,471 | ||||
| TOTAL ASSETS | $ | 346,204 | |||
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LIABILITIES | |||||
| Deposits | |||||
| In domestic offices | $ | 119,935 | |||
| Noninterest-bearing | $ | 46,678 | |||
| Interest-bearing | 73,257 | ||||
| In foreign offices, Edge and Agreement subsidiaries and IBF's | 92,814 | ||||
| Noninterest-bearing | $ | 6,054 | |||
| Interest-bearing | 86,760 | ||||
| Federal funds purchased and securities sold under agreements to repurchase | 51,959 | ||||
| Demand notes issued to the U.S. Treasury | 750 | ||||
| Trading liabilities | 35,146 | ||||
| Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases): | |||||
| With a remaining maturity of one year or less | 5,226 | ||||
| With a remaining maturity of more than one year through three years | 0 | ||||
| With a remaining maturity of more than three years | 95 | ||||
| Bank's liability on acceptances executed and outstanding | 491 | ||||
| Subordinated notes and debentures | 5,874 | ||||
| Other liabilities | 12,460 | ||||
| TOTAL LIABILITIES | 324,750 | ||||
EQUITY CAPITAL | |||||
Perpetual preferred stock and related surplus | 0 | ||||
| Common stock | 1,211 | ||||
| Surplus (exclude all surplus related to preferred stock) | 12,991 | ||||
| Undivided profits and capital reserves | 8,278 | ||||
| Net unrealized holding gains (losses) on available-for-sale securities | (1,043 | ) | |||
| Accumulated net gains (losses) on cash flow hedges | 0 | ||||
| Cumulative foreign currency translation adjustments | 17 | ||||
| TOTAL EQUITY CAPITAL | 21,454 | ||||
| TOTAL LIABILITIES AND EQUITY CAPITAL | $ | 346,204 | |||
I, Joseph L. Sclafani, E.V.P. & Controller of the above-named bank, do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.
JOSEPH L. SCLAFANI
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 appropriate Federal regulatory authority and is true and correct.
| WILLIAM B. HARRISON, JR. | ) | |||
| HANS W. BECHERER | ) | DIRECTORS | ||
| H. LAURANCE FULLER | ) |
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