EX-25.1 10 d74911dex251.htm EX-25.1 EX-25.1

Exhibit 25.1

 

 

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)

 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

 

 

A National Banking Association   94-1347393

(Jurisdiction of incorporation or

organization if not a U.S. national bank)

 

(I.R.S. Employer

Identification No.)

101 North Phillips Avenue

Sioux Falls, South Dakota

  57104
(Address of principal executive offices)   (Zip code)

Wells Fargo & Company

Law Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

(Name, address and telephone number of agent for service)

 

 

The Goodyear Tire & Rubber Company

(Exact name of obligor as specified in its charter)

 

 

 

Ohio   34-0253240

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

200 Innovation Way

Akron, Ohio

  44316-0001
(Address of principal executive offices)   (Zip code)

 

 

Debt Securities

and Guarantees of Debt Securities

(Title of the indenture securities)

 

 

 


GUARANTORS

 

Exact Name of Obligor as

Specified in its Charter

 

State or Other Jurisdiction of
Incorporation or Organization

 

I.R.S. Employer

Identification Number

 

Address of Principal

Executive Offices

Celeron Corporation

  Delaware   51-0269149  

200 Innovation Way

Akron, Ohio 44316

Divested Companies Holding Company

  Delaware   51-0304855  

1000 South 21st Street

Fort Smith, Arkansas 72901

Divested Litchfield Park Properties, Inc.

  Arizona   51-0304856  

1000 South 21st Street

Fort Smith, Arkansas 72901

Goodyear Export Inc.

  Delaware   26-2890770  

200 Innovation Way

Akron, Ohio 44316

Goodyear Farms, Inc.

  Arizona   86-0056985  

200 Innovation Way

Akron, Ohio 44316

Goodyear International Corporation

  Delaware   34-0253255  

200 Innovation Way

Akron, Ohio 44316

Goodyear Western Hemisphere Corporation

  Delaware   34-0736571  

200 Innovation Way

Akron, Ohio 44316

T&WA, Inc.

  Kentucky   62-1723160  

200 Innovation Way

Akron, Ohio 44316

Wingfoot Commercial Tire Systems, LLC

  Ohio   31-1735402  

1000 South 21st Street

Fort Smith, Arkansas 72901

Goodyear Canada Inc.

  Ontario   Not applicable  

450 Kipling Avenue

Toronto Ontario M8Z

5E1

Canada

Wingfoot Mold Leasing Company

  Nova Scotia   Not applicable  

1100 Purdy’s Wharf

Tower One

1959 Upper Water

Street

Halifax, Nova Scotia

B3J 3N2

Canada


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.

Comptroller of the Currency

Treasury Department

Washington, D.C.

Federal Deposit Insurance Corporation

Washington, D.C.

Federal Reserve Bank of San Francisco

San Francisco, California 94120

 

  (b) Whether it is authorized to exercise corporate trust powers.

The trustee is authorized to exercise corporate trust powers.

Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.

None with respect to the trustee.

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

Item 15. Foreign Trustee. Not applicable.

Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility.

 

Exhibit 1.    A copy of the Articles of Association of the trustee as now in effect.*
Exhibit 2.    A copy of the Comptroller of the Currency Certificate of Corporate Existence for Wells Fargo Bank, National Association, dated January 14, 2015.*
Exhibit 3.    A copy of the Comptroller of the Currency Certification of Fiduciary Powers for Wells Fargo Bank, National Association, dated January 6, 2014.*
Exhibit 4.    Copy of By-laws of the trustee as now in effect.*
Exhibit 5.    Not applicable.
Exhibit 6.    The consent of the trustee required by Section 321(b) of the Act.
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.
Exhibit 8.    Not applicable.
Exhibit 9.    Not applicable.

 

* Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit to the Filing 305B2 dated March 13, 2015 of Navient Funding, LLC and Navient Credit Funding, LLC, file number 333-190926.


SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo Bank, National Association, a national 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 New York and State of New York on the 2nd day of November 2015.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/ Julius R. Zamora

Julius R. Zamora
Vice President


EXHIBIT 6

November 2, 2015

Securities and Exchange Commission

Washington, D.C. 20549

Gentlemen:

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

 

Very truly yours,
WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/ Julius R. Zamora

Julius R. Zamora

Vice President


Exhibit 7

Consolidated Report of Condition of

Wells Fargo Bank National Association

of 101 North Phillips Avenue, Sioux Falls, SD 57104

And Foreign and Domestic Subsidiaries,

at the close of business June 30, 2015, filed in accordance with 12 U.S.C. §161 for National Banks.

 

     Dollar Amounts
In Millions
 

ASSETS

  

Cash and balances due from depository institutions:

  

Noninterest-bearing balances and currency and coin

   $ 17,464   

Interest-bearing balances

     189,787   

Securities:

  

Held-to-maturity securities

     80,102   

Available-for-sale securities

     233,717   

Federal funds sold and securities purchased under agreements to resell:

  

Federal funds sold in domestic offices

     1,864   

Securities purchased under agreements to resell

     18,746   

Loans and lease financing receivables:

  

Loans and leases held for sale

     20,241   

Loans and leases, net of unearned income

     848,562   

LESS: Allowance for loan and lease losses

     10,493   

Loans and leases, net of unearned income and allowance

     838,069   

Trading Assets

     39,221   

Premises and fixed assets (including capitalized leases)

     7,527   

Other real estate owned

     1,849   

Investments in unconsolidated subsidiaries and associated companies

     855   

Direct and indirect investments in real estate ventures

     0   

Intangible assets

  

Goodwill

     21,627   

Other intangible assets

     17,894   

Other assets

     64,908   
  

 

 

 

Total assets

   $ 1,553,871   
  

 

 

 

LIABILITIES

  

Deposits:

  

In domestic offices

   $ 1,086,292   

Noninterest-bearing

     343,725   

Interest-bearing

     742,567   

In foreign offices, Edge and Agreement subsidiaries, and IBFs

     140,792   

Noninterest-bearing

     669   

Interest-bearing

     140,123   

Federal funds purchased and securities sold under agreements to repurchase:

  

Federal funds purchased in domestic offices

     594   

Securities sold under agreements to repurchase

     19,806   


     Dollar Amounts
In Millions
 

Trading liabilities

     18,515   

Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)

     89,743   

Subordinated notes and debentures

     16,760   

Other liabilities

     33,801   
  

 

 

 

Total liabilities

   $ 1,406,303   

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

     0   

Common stock

     519   

Surplus (exclude all surplus related to preferred stock)

     106,692   

Retained earnings

     36,940   

Accumulated other comprehensive income

     2,986   

Other equity capital components

     0   
  

 

 

 

Total bank equity capital

     147,137   

Noncontrolling (minority) interests in consolidated subsidiaries

     431   
  

 

 

 

Total equity capital

     147,568   
  

 

 

 

Total liabilities, and equity capital

   $ 1,553,871   
  

 

 

 

I, John R. Shrewsberry, Sr. EVP & CFO 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.

 

John R. Shrewsberry
Sr. EVP & CFO     

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.

 

John Stumpf   Directors
James Quigley  
Enrique Hernandez, Jr.