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EXHIBIT 25.2
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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) |__|
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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)
FLEETWOOD ENTERPRISES, INC.
(Exact name of obligor as specified in its charter)
Delaware 95-1948322
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
3125 Myers Street
Riverside, California 92503
(Address of principal executive offices) (Zip code)
Convertible Subordinated Debentures
(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, N.Y.
New York 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.
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 11th day of December, 2001.
THE BANK OF NEW YORK
By: /s/ STACEY POINDEXTER
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Name: STACEY POINDEXTER
Title: ASSISTANT TREASURER
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EXHIBIT 6
CONSENT OF TRUSTEE
Pursuant to the requirements of Section 321(b) of the Trust Indenture
Act of 1939, we hereby consent that reports of examinations by Federal,
State, Territorial, or District authorities may be furnished by such
authorities to the Securities and Exchange Commission upon request therefor.
THE BANK OF NEW YORK
By: /s/ Stacey Poindexter
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STACEY POINDEXTER
ASSISTANT TREASURER
Dated: December 11, 2001
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EXHIBIT 7
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 March 31, 2001,
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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Dollar Amounts
In Thousands
ASSETS
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin.. $2,811,275
Interest-bearing balances........................... 3,133,222
Securities:
Held-to-maturity securities......................... 147,185
Available-for-sale securities....................... 5,403,923
Federal funds sold and Securities purchased under
agreements to resell................................ 3,378,526
Loans and lease financing receivables:
Loans and leases held for sale...................... 74,702
Loans and leases, net of unearned income............ 37,471,621
LESS: Allowance for loan and lease losses........... 599,061
Loans and leases, net of unearned income and
allowance......................................... 36,872,560
Trading Assets......................................... 11,757,036
Premises and fixed assets (including capitalized
leases)............................................. 768,795
Other real estate owned................................ 1,078
Investments in unconsolidated subsidiaries and
associated companies................................ 193,126
Customers' liability to this bank on acceptances
outstanding......................................... 592,118
Intangible assets......................................
Goodwill............................................ 1,300,295
Other intangible assets............................. 122,143
Other assets........................................... 3,676,375
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Total assets........................................... $70,232,359
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LIABILITIES
Deposits:
In domestic offices................................. $25,962,242
Noninterest-bearing................................. 10,586,346
Interest-bearing.................................... 15,395,896
In foreign offices, Edge and Agreement
subsidiaries, and IBFs............................ 24,862,377
Noninterest-bearing................................. 373,085
Interest-bearing.................................... 24,489,292
Federal funds purchased and securities sold under
agreements to repurchase............................ 1,446,874
Trading liabilities.................................... 2,373,361
Other borrowed money:
(includes mortgage indebtedness and obligations
under capitalized leases)........................... 1,381,512
Bank's liability on acceptances executed and
outstanding......................................... 592,804
Subordinated notes and debentures...................... 1,646,000
Other liabilities...................................... 5,373,065
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Total liabilities...................................... $63,658,235
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EQUITY CAPITAL
Common stock........................................... 1,135,284
Surplus................................................ 1,008,773
Retained earnings...................................... 4,426,033
Accumulated other comprehensive income................. 4,034
Other equity capital components........................ 0
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Total equity capital................................... 6,574,124
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Total liabilities and equity capital................... $70,232,359
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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.
/s/ Thomas J. Mastro,
Thomas J. Mastro,
Senior Vice President and Comptroller
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.
/s/ Thomas A. Renyi
/s/ Gerald L. Hassell
/s/ Alan R. Griffith
Directors