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
o CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2)
REGIONS BANK
(Exact name of trustee as specified in its charter)
Alabama |
| 63-0371391 |
(Jurisdiction of Incorporation or |
| (I.R.S. Employer |
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1901 Sixth Avenue North, 28th Floor |
| 35203 |
(Address of principal |
| (Zip Code) |
Regions Bank
Corporate Trust Department
1180 West Peachtree Street
Suite 1200
Atlanta, GA 30309
(404) 581-3740
(Name, address and telephone number of agent for service)
EARTHLINK, INC.
(Exact name of Registrant as specified in its charter)
Delaware (Province or other jurisdiction of |
| 7370 (Primary Standard Industrial |
| 58-2511877 (I.R.S. Employer Identification No., |
EarthLink, Inc.
1375 Peachtree Street
Atlanta, Georgia 30309
(404) 815-0770
(Address, including zip code, and telephone number,
including area code, of each registrant’s principal executive offices)
Bradley A. Ferguson
Executive Vice President, Chief Financial Officer
EarthLink, Inc.
1375 Peachtree Street
Atlanta, Georgia 30309
(404) 815-0770
(Name, address, including zip code, and telephone number,
including area code, of agent for service)
Copies to:
David M. Carter
Troutman Sanders LLP
1001 Haxall Point
Richmond, Virginia 23219
(804) 697-1200
Debt Securities
Senior Debt Securities
Item 1. General Information. |
| Furnish the following information as to the trustee. |
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| (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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| Federal Reserve Bank of Atlanta |
| 1000 Peachtree Street NE, Atlanta, Georgia 30309-4470 | |
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| Alabama State Banking Department |
| P.O. Box 4600, Montgomery, Alabama 36103-4600 | |
| (b) Whether it is authorized to exercise corporate trust powers. | |
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| Yes. |
Item 2. Affiliations with Obligor. | |
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| If the obligor is an affiliate of the Trustee, describe each such affiliation. |
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| N/A |
Item 3. - 15. Not Applicable |
Item 16. List of Exhibits. |
Exhibit 1(a). |
| Restated Articles of Incorporation of the Trustee (incorporated by reference to Exhibit 1 to Form T-1, Registration No. 22-21909). |
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Exhibit 1(b). |
| Articles of Amendment to Restated Articles of Incorporation of the Trustee. (incorporated by reference to Exhibit 1(b) to Form T-1, filed in connection with the Current Report on Form 8-K of BellSouth Telecommunications, Inc. dated October 9, 1997). |
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Exhibit 1(c). |
| Articles of Amendment to Restated Articles of Incorporation of the Trustee (incorporated by reference to Exhibit 1(c) to Form T-1, filed as Exhibit 25 to the Form S-3/A of BellSouth Telecommunications, Inc. filed with the Commission on August 17, 2004). |
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Exhibit 1(d). |
| Articles of Restatement of Articles of Incorporation of the Trustee (incorporated by reference to Exhibit 1(d) to Form T-1, filed as Exhibit 25.1 to the Form S-3 Registration Statement of Community Health Systems, Inc. and CHS/Community Health Systems, Inc., Registration Number 333-181630 filed on May 24, 2012). |
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Exhibit 2. |
| Not applicable. |
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Exhibit 3. |
| Authorization of the Trustee to exercise corporate trust powers (incorporated by reference to Exhibit 3 to Form T-1, Registration No. 22-21909). |
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Exhibit 4. |
| Bylaws of the Trustee (incorporated by reference to Exhibit 4 to Form T-1, filed as Exhibit 25.1 to the Form S-3 Registration Statement of Community Health Systems, Inc. and CHS/Community Health Systems, Inc., Registration No. 333-181630 filed on May 24, 2012). |
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Exhibit 5. |
| Not applicable. |
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Exhibit 6. |
| The consent of the trustee required by Section 321(b) of the Act, attached as Exhibit 6. |
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Exhibit 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, attached as Exhibit 7. |
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Exhibit 8. |
| Not applicable. |
Exhibit 9. |
| Not applicable. |
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Regions Bank, a corporation organized and existing under the laws of the State of Alabama, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the city of Atlanta, and State of Georgia, on this 10th day of July, 2013.
| REGIONS BANK | |||
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| /s/ Thomas E. Clower | |
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| By: | Name: | Thomas E. Clower |
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| Title: | Vice President |
Exhibit 6 to Form T-1
CONSENT
In accordance with Section 321(b) of the Trust Indenture Act of 1939, Regions Bank hereby consents that reports of examination of Regions Bank by Federal, State, Territorial or District regulatory authorities may be furnished by such regulatory authorities to the Securities and Exchange Commission upon request therefor.
Dated: July 10, 2013
| REGIONS BANK | |
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| By: | /s/ Thomas E. Clower |
| Name: | Thomas E. Clower |
| Title: | Vice President |
Exhibit 7 to Form T-1
REPORT OF CONDITION
Regions Bank |
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Legal Title of Bank |
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Birmingham |
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City |
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AL | 35203 |
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State | Zip Code |
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FDIC Certificate Number: 12368 |
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Consolidated Report of Condition for Insured Banks and Savings Associations for March 31, 2013
All schedules are to be reported in thousands of dollars. Unless otherwise indicated, report the amount outstanding as of the last business day of the quarter.
Schedule RC—Balance Sheet
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| Dollar Amounts in Thousands |
| RCFD |
| Tril | Bil | Mil | Thou |
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Assets |
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1. | Cash and balances due from depository institutions (from Schedule RC-A) : |
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| a. | Noninterest-bearing balances and currency and coin (1) |
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| 0081 |
| 1,946,849 |
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| b. | Interest-bearing balances (2) |
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| 0071 |
| 3,132,049 |
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2. | Securities: |
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| a. | Held-to-maturity securities (from Schedule RC-B, column A) |
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| 1754 |
| 2,706 |
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| b. | Available-for-sale securities (from Schedule RC-B, column D) |
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| 1773 |
| 26,483,962 |
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3. | Federal funds sold and securities purchased under agreements to resell: |
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| RCON |
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| a. | Federal funds sold in domestic offices |
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| B987 |
| 0 |
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| RCFD |
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| b. | Securities purchased under agreements to resell (3) |
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| B989 |
| 0 |
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4. | Loans and lease financing receivables (from Schedule RC-C): |
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| a. | Loans and leases held for sale |
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| 5369 |
| 1,082,398 |
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| b. | Loans and leases, net of unearned income |
| B528 | 73,952,438 |
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| c. | LESS: Allowance for loan and lease losses |
| 3123 | 1,748,713 |
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| d. | Loans and leases, net of unearned income and allowance (item 4.b minus 4.c) |
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| B529 |
| 72,203,725 |
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5. | Trading assets (from Schedule RC-D) |
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| 3545 |
| 567,810 |
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6. | Premises and fixed assets (including capitalized leases) |
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| 2145 |
| 2,243,237 |
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7. | Other real estate owned (from Schedule RC-M) |
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| 2150 |
| 132,936 |
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8. | Investments in unconsolidated subsidiaries and associated companies |
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| 2130 |
| 0 |
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9. | Direct and indirect investments in real estate ventures |
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| 3656 |
| 0 |
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10. | Intangible assets: |
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| a. | Goodwill |
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| 3163 |
| 4,242,336 |
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| b. | Other intangible assets (from Schedule RC-M) |
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| 0426 |
| 552,035 |
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11. | Other assets (from Schedule RC-F) |
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| 2160 |
| 6,345,233 |
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12. | Total assets (sum of items 1 through 11) |
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| 2170 |
| 118,935,276 |
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(1) Includes cash items in process of collection and unposted debits.
(2) Includes time certificates of deposit not held for trading.
(3) Includes all securities resale agreements in domestic and foreign offices, regardless of maturity.
Regions Bank |
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Legal Title of Bank |
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FDIC Certificate Number: 12368 |
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Schedule RC—Continued
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| Dollar Amounts in Thousands |
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| Tril | Bil | Mil | Thou |
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Liabilities |
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13. | Deposits: |
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| RCON |
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| a. | In domestic offices (sum of totals of columns A and C from Schedule RC-E, part I) |
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| 2200 |
| 95,137,893 |
| |
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| (1) Noninterest-bearing (1) |
| 6631 | 30,233,990 |
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| (2) Interest-bearing |
| 6636 | 64,903,903 |
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| b. | In foreign offices, Edge and Agreement subsidiaries, and IBFs |
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| RCFN |
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| (from Schedule RC-E, part II) |
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| 2200 |
| 334,486 |
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| (1) Noninterest-bearing |
| 6631 | 0 |
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| (2) Interest-bearing |
| 6636 | 334,486 |
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14. | Federal funds purchased and securities sold under agreements to repurchase: |
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| RCON |
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| a. | Federal funds purchased in domestic offices (2) |
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| B993 |
| 28,323 |
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| RCFD |
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| b. | Securities sold under agreements to repurchase (3) |
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| B995 |
| 1,800,069 |
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15. | Trading liabilities (from Schedule RC-D) |
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| 3548 |
| 54,793 |
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16. | Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) (from Schedule RC-M) |
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| 3190 |
| 1,146,998 |
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17. | and 18. Not applicable |
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19. | Subordinated notes and debentures (4) |
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| 3200 |
| 2,119,033 |
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20. | Other liabilities (from Schedule RC-G) |
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| 2930 |
| 1,713,653 |
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21. | Total liabilities (sum of items 13 through 20) |
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| 2948 |
| 102,335,248 |
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22. | Not applicable |
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| RCFD |
| Tril | Bil | Mil | Thou |
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Equity Capital |
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| Bank Equity Capital |
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23. | Perpetual preferred stock and related surplus |
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| 3838 |
| 0 |
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24. | Common stock |
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| 3230 |
| 103 |
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25. | Surplus (excludes all surplus related to preferred stock) |
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| 3839 |
| 19,244,581 |
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26. | a. | Retained earnings |
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| 3632 |
| -2,737,582 |
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| b. | Accumulated other comprehensive income (5) |
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| B530 |
| -12,803 |
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| c. | Other equity capital components (6) |
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| A130 |
| 0 |
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27. | a. | Total bank equity capital (sum of items 23 through 26.c) |
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| 3210 |
| 16,494,299 |
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| b. | Noncontrolling (minority) interests in consolidated subsidiaries |
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| 3000 |
| 105,729 |
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28. | Total equity capital (sum of items 27.a and 27.b) |
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| G105 |
| 16,600,028 |
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29. | Total liabilities and equity capital (sum of items 21 and 28) |
|
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| 3300 |
| 118,935,276 |
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