EX-25.1 4 d48074exv25w1.htm STATEMENT OF ELIGIBILITY OF TRUSTEE ON FORM T-1 exv25w1
 

Exhibit 25.1
 
 
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) þ
 
THE BANK OF NEW YORK TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
     
(State of incorporation
if not a U.S. national bank)
  95-3571558
(I.R.S. employer
identification no.)
 
    
700 South Flower Street
    
Suite 500
    
Los Angeles, California
(Address of principal executive offices)
  90017
(Zip code)
 
COMMERCIAL METALS COMPANY
(Exact name of obligor as specified in its charter)
     
Delaware
(State or other jurisdiction of
incorporation or organization)
  75-0725338
(I.R.S. employer
identification no.)
 
    
6565 N. MacArthur Blvd.
    
Irving, Texas
(Address of principal executive offices)
  75039
(Zip code)
 
Debt Securities
(Title of the indenture securities)
 
 

 

 

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.
     
Name   Address
Comptroller of the Currency
    
United States Department of the Treasury
  Washington, D.C. 20219
 
    
Federal Reserve Bank
  San Francisco, California 94105
 
    
Federal Deposit Insurance Corporation
  Washington, D.C. 20429
  (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 articles of association of The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948).
 
  2.   A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
 
  3.   A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-121948).
 
  4.   A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948).

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  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. 333-121948).
 
  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 Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of Chicago, and State of Illinois, on the 3rd day of July, 2007.
         
    THE BANK OF NEW YORK TRUST
COMPANY, N.A.
 
        
 
  By:   /S/ J. BARTOLINI
 
       
 
  Name:   J. BARTOLINI
 
  Title:   VICE PRESIDENT

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EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017
     At the close of business March 31, 2007, published in accordance with Federal regulatory authority instructions.
         
    Dollar Amounts  
    in Thousands  
ASSETS
        
Cash and balances due from depository institutions:
        
Noninterest-bearing balances and currency and coin
     2,391  
Interest-bearing balances
     0  
Securities:
        
Held-to-maturity securities
     40  
Available-for-sale securities
     65,083  
Federal funds sold and securities purchased under agreements to resell:
        
Federal funds sold
     48,400  
Securities purchased under agreements to resell
     54,885  
Loans and lease financing receivables:
        
Loans and leases held for sale
     0  
Loans and leases, net of unearned income
     0  
LESS: Allowance for loan and lease losses
     0  
Loans and leases, net of unearned income and allowance
     0  
Trading assets
     0  
Premises and fixed assets (including capitalized leases)
     8,755  
Other real estate owned
     0  
Investments in unconsolidated subsidiaries and associated companies
     0  
Not applicable
        
Intangible assets:
        
Goodwill
     924,236  
Other Intangible Assets
     270,030  
Other assets
     143,616  
 
      
Total assets
   $ 1,517,436  
 
      

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    Dollar Amounts  
    in Thousands  
LIABILITIES
        
Deposits:
        
In domestic offices
     1,691  
Noninterest-bearing
     1,691  
Interest-bearing
     0  
Not applicable
        
Federal funds purchased and securities sold under agreements to repurchase:
        
Federal funds purchased
     0  
Securities sold under agreements to repurchase
     0  
Trading liabilities
     0  
Other borrowed money:
        
(includes mortgage indebtedness and obligations under capitalized leases)
     118,691  
Not applicable
        
Not applicable
        
Subordinated notes and debentures
     0  
Other liabilities
     126,416  
Total liabilities
     246,798  
Minority interest in consolidated subsidiaries
     0  
EQUITY CAPITAL
        
Perpetual preferred stock and related surplus
     0  
Common stock
     1,000  
Surplus (exclude all surplus related to preferred stock)
     1,121,520  
Retained earnings
     148,100  
Accumulated other comprehensive income
     18  
Other equity capital components
     0  
Total equity capital
     1,270,638  
 
      
Total liabilities, minority interest, and equity capital (sum of items 21, 22, and 28)
     1,517,436  
 
      
     I, Karen Bayz, Vice President of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.
     Karen Bayz     )           Vice President
     We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date 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.
                 
 
  Michael K. Klugman, President    )        
 
  Frank P. Sulzberger, MD    )   Directors (Trustees)    
 
  Michael F. McFadden, MD    )        

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