EXHIBIT 25.1
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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)
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International Steel Group Inc.
(Exact name of obligor as specified in its charter)
Delaware 71-0871875
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
4020 Kinross Lakes Parkway
Richfield, Ohio 44286-9000
(Address of principal executive offices) (Zip code)
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6.500% Senior Notes due 2014
(Title of the indenture securities)
PRIMARY ADDRESS, INCLUDING ZIP CODE,
STATE OR OTHER STANDARD AND TELEPHONE NUMBER,
JURISDICTION OF INDUSTRIAL I.R.S. EMPLOYER INCLUDING AREA CODE, OF
EXACT NAME OF REGISTRANT AS INCORPORATION OR CLASSIFICATION IDENTIFICATION REGISTRANT'S PRINCIPAL
SPECIFIED IN ITS CHARTER ORGANIZATION CODE NUMBER NUMBER EXECUTIVE OFFICES
- ------------------------ ------------ ----------- ------ -----------------
ISG ACQUISITION INC. Delaware 3310 04-3742731 4020 Kinross Lakes Parkway
Richfield, Ohio 44286-9000
(330) 659-9100
ISG CLEVELAND INC. Delaware 3310 04-3634649 3060 Eggers Road
Cleveland, Ohio 44105
(216) 429-6000
ISG CLEVELAND WEST INC. Delaware 3310 04-3634689 4020 Kinross Lakes Parkway
Richfield, Ohio 44286-9000
(330) 659-9100
ISG CLEVELAND WEST PROPERTIES Delaware 3310 04-3634701 4020 Kinross Lakes Parkway
INC. Richfield, Ohio 44286-9000
(330) 659-9100
ISG CLEVELAND WORKS RAILWAY Delaware 3310 04-3634622 3060 Eggers Road
COMPANY Cleveland, Ohio 44105
(216) 429-6000
ISG HENNEPIN INC. Delaware 3310 01-0649751 10726 ISG Drive
Hennepin, Illinois 61327
(815) 925-2311
ISG INDIANA HARBOR INC. Delaware 3310 04-3631839 3001 Dickey Road
East Chicago, Indiana 46312
(219) 391-2000
ISG RIVERDALE INC. Delaware 3310 74-3062732 13500 S. Perry Avenue
Riverdale, Illinois 606027
(708) 849-8803
ISG SOUTH CHICAGO & INDIANA Delaware 3310 04-3634638 9746 Avenue N
HARBOR RAILWAY COMPANY Chicago, Illinois 60617
(773) 768-6408
ISG WARREN INC. Delaware 3310 02-0573111 2234 Main Avenue S.W.
Warren, Ohio 44481
(330) 841-2803
ISG/EGL HOLDING COMPANY Delaware 3310 75-1994274 4020 Kinross Lakes Parkway
Richfield, Ohio 44286-9000
(330) 659-9100
ISG BURNS HARBOR LLC Delaware 3310 20-0653414 250 West US Highway 12
Burns Harbor, Indiana 46304
(219) 787-2120
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PRIMARY ADDRESS, INCLUDING ZIP CODE,
STATE OR OTHER STANDARD AND TELEPHONE NUMBER,
JURISDICTION OF INDUSTRIAL I.R.S. EMPLOYER INCLUDING AREA CODE, OF
EXACT NAME OF REGISTRANT AS INCORPORATION OR CLASSIFICATION IDENTIFICATION REGISTRANT'S PRINCIPAL
SPECIFIED IN ITS CHARTER ORGANIZATION CODE NUMBER NUMBER EXECUTIVE OFFICES
- ------------------------ ------------ ----------- ------ -----------------
ISG LACKAWANNA LLC Delaware 3310 20-0653717 3175 Lakeshore Road
Blasdell, New York 14219
(716) 821-1000
ISG PIEDMONT LLC Delaware 3310 20-0653323 2027 McLin Creek Road
Newton, North Carolina 28658
(828) 464-9214
ISG PLATE LLC Delaware 3310 20-0653500 139 Modena Road
Coatesville, Pennsylvania
19320
(717) 986-2509
ISG RAILWAYS INC Delaware 3310 56-2348283 250 West US Highway 12
Burns Harbor, Indiana 46304
(219) 787-2120
ISG REAL ESTATE INC. Delaware 3310 76-0729176 4020 Kinross Lakes Parkway
Richfield, Ohio 44286-9000
(330) 659-9100
ISG SALES INC. Delaware 3310 76-0729186 4020 Kinross Lakes Parkway
Richfield, Ohio 44286-9000
(330) 659-9100
ISG SPARROWS POINT LLC Delaware 3310 20-0653633 5111 North Point Road
Sparrows Point, Maryland
21219
(410) 388-3000
ISG STEELTON LLC Delaware 3310 20-0653772 215 South Front Street
Steelton, Pennsylvania
17113
(717) 986-2000
ISG STEELTON SERVICES LLC Delaware 3310 41-2096678 215 South Front Street
Steelton, Pennsylvania
17113
(717) 986-2000
ISG VENTURE INC. Delaware 3310 76-0729180 4020 Kinross Lakes Parkway
Richfield, Ohio 44286-9000
(330) 659-9100
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PRIMARY ADDRESS, INCLUDING ZIP CODE,
STATE OR OTHER STANDARD AND TELEPHONE NUMBER,
JURISDICTION OF INDUSTRIAL I.R.S. EMPLOYER INCLUDING AREA CODE, OF
EXACT NAME OF REGISTRANT AS INCORPORATION OR CLASSIFICATION IDENTIFICATION REGISTRANT'S PRINCIPAL
SPECIFIED IN ITS CHARTER ORGANIZATION CODE NUMBER NUMBER EXECUTIVE OFFICES
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ISG TECHNOLOGIES INC. Delaware 3310 56-2348282 116 Research Drive
Bethlehem, Pennsylvania
18015
(610) 694-4395
ISG HIBBING INC. Delaware 3310 37-1464981 4020 Kinross Lakes Parkway
Richfield, Ohio 44286-9000
(330) 659-9100
HIBBING TACONITE HOLDING INC. Minnesota 3310 23-2125944 4020 Kinross Lakes Parkway
Richfield, Ohio 44286-9000
(330) 659-9100
ISG LACKAWANNA SERVICES LLC Delaware 3310 41-2096667 3175 Lakeshore Road
Blasdell, New York 14219
(716) 821-1000
ISG SPARROWS POINT SERVICES LLC Delaware 3310 41-2096677 5111 North Point Road
Sparrows Point, Maryland
21219
(410) 388-3000
ISG PLATE SERVICES LLC Delaware 3310 41-2096672 139 Modena Road
Coatesville, Pennsylvania
19320
(717) 986-2509
ISG BURNS HARBOR SERVICES LLC Delaware 3310 41-2096671 250 West US Highway 12
Burns Harbor, Indiana 46304
(219) 787-2120
TOW PATH VALLEY BUSINESS PARK Delaware 3310 35-2203344 4020 Kinross Lakes Parkway
DEVELOPMENT COMPANY Richfield, Ohio 44286-9000
(330) 659-9100
ISG COLUMBUS COATINGS LLC Delaware 3310 20-0653817 1800 Watkins Road
Columbus, Ohio 43207
(614) 492-6803
ISG COLUMBUS PROCESSING LLC Delaware 3310 81-0613446 1800 Watkins Road
Columbus, Ohio 43207
(614) 492-6803
PRISTINE RESOURCES INC. Delaware 3310 13-4246647 219 Bethlehem Road
Revloc, Pennsylvania 15948
(330) 659-9100
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PRIMARY ADDRESS, INCLUDING ZIP CODE,
STATE OR OTHER STANDARD AND TELEPHONE NUMBER,
JURISDICTION OF INDUSTRIAL I.R.S. EMPLOYER INCLUDING AREA CODE, OF
EXACT NAME OF REGISTRANT AS INCORPORATION OR CLASSIFICATION IDENTIFICATION REGISTRANT'S PRINCIPAL
SPECIFIED IN ITS CHARTER ORGANIZATION CODE NUMBER NUMBER EXECUTIVE OFFICES
- ------------------------ ------------ ----------- ------ -----------------
TECUMSEH REDEVELOPMENT INC. Delaware 3310 01-0649791 4020 Kinross Lakes Parkway
Richfield, Ohio 44286-9000
(330) 659-9100
ISG CHICAGO COLD ROLLING LLC Delaware 3310 20-0653898 1000 E. Boundary Road
Portage, Indiana 46368
(219) 787-9444
HIBBING LAND CORPORATION Delaware 3310 23-1987059 c/o Hibbing Taconite
PO Box 589
Hibbing, Minnesota 55746
(218) 262-5900
ISG WEIRTON INC. Delaware 3310 56-2435202 400 Three Springs Drive
Weirton, West Virginia 26062
(304) 797-2000
ISG GEORGETOWN INC. Delaware 3310 20-1268535 420 Hazard Street
Georgetown, South Carolina 29440
(843) 546-2525
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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 New York 2 Rector Street, 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.)
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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 27th day of August, 2004.
THE BANK OF NEW YORK
By: /s/ Kisha A. Holder
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Name: Kisha A. Holder
Title: Assistant Vice President
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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 June 30, 2004,
published 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 Thousands
ASSETS
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin ....... $ 2,954,963
Interest-bearing balances ................................ 10,036,895
Securities:
Held-to-maturity securities .............................. 1,437,899
Available-for-sale securities ............................ 20,505,806
Federal funds sold and securities purchased under
agreements to resell .....................................
Federal funds sold in domestic offices ................... 5,482,900
Securities purchased under agreements to
resell ................................................... 838,105
Loans and lease financing receivables:
Loans and leases held for sale ........................... 48,034
Loans and leases, net of unearned
income ................................................. 38,299,913
LESS: Allowance for loan and
lease losses ........................................... 594,926
Loans and leases, net of unearned
income and allowance ................................... 37,704,987
Trading Assets .............................................. 2,986,727
Premises and fixed assets (including capitalized
leases) .................................................. 957,249
Other real estate owned ..................................... 374
Investments in unconsolidated subsidiaries and
associated companies ..................................... 246,280
Customers' liability to this bank on acceptances
outstanding .............................................. 251,948
Intangible assets
Goodwill ................................................. 2,699,812
Other intangible assets .................................. 755,311
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Other assets ................................................ 7,629,093
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Total assets ................................................ $ 94,536,383
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LIABILITIES
Deposits:
In domestic offices ...................................... $ 36,481,716
Noninterest-bearing ...................................... 15,636,690
Interest-bearing ......................................... 20,845,026
In foreign offices, Edge and Agreement
subsidiaries, and IBFs ................................. 25,163,274
Noninterest-bearing ...................................... 413,981
Interest-bearing ......................................... 24,749,293
Federal funds purchased and securities sold under
agreements to repurchase ...............................
Federal funds purchased in domestic
offices ................................................ 898,340
Securities sold under agreements to
repurchase ............................................. 721,016
Trading liabilities ......................................... 2,377,862
Other borrowed money:
(includes mortgage indebtedness and obligations
under capitalized leases) ................................ 10,475,320
Not applicable
Bank's liability on acceptances executed and
outstanding .............................................. 254,569
Subordinated notes and debentures ........................... 2,422,807
Other liabilities ........................................... 7,321,226
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Total liabilities ........................................... $ 86,116,130
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Minority interest in consolidated
subsidiaries ............................................. 139,967
EQUITY CAPITAL
Perpetual preferred stock and related
surplus .................................................. 0
Common stock ................................................ 1,135,284
Surplus ..................................................... 2,082,308
Retained earnings ........................................... 5,118,989
Accumulated other comprehensive income ...................... (56,295)
Other equity capital components ............................. 0
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Total equity capital ........................................ 8,280,286
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Total liabilities, minority interest, and equity capital .... $ 94,536,383
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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 is true and
correct to the best of my knowledge and belief.
Thomas J. Mastro,
Senior Vice President and Comptroller
We, the undersigned directors, attest to the correctness of this statement
of resources and liabilities. We 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 and is true and correct.
Thomas A. Renyi
Gerald L. Hassell Directors
Alan R. Griffith
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