EX-25.2 40 a2158564zex-25_2.htm EXHIBIT 25.2

Exhibit 25.2

 

 

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)           
o

 


 

THE BANK OF NEW YORK

(Exact name of trustee as specified in its charter)

 

New York

 

13-5160382

(State of incorporation
if not a U.S. national bank)

 

(I.R.S. employer
identification no.)

 

 

 

One Wall Street, New York, N.Y.

 

10286

(Address of principal executive offices)

 

(Zip code)

 

 

Graham Packaging Company, L.P.
(Exact name of obligor as specified in its charter)

 

Delaware

 

23-278668

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 

GPC Capital Corp. I
(Exact name of obligor as specified in its charter)

 

Delaware

 

23-295240

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. employer
identification no.)

 

 



 

Exact Name of Registrant as Specified in Charter

 

State or Other
Jurisdiction of
Incorporation or
Organization

 

I.R.S. Employer
Identification
Number

 

Graham Packaging Holdings Company

 

Pennsylvania

 

23-2553000

 

GPC Capital Corp. II

 

Delaware

 

23-2952404

 

GPC Opco GP, LLC

 

Delaware

 

23-2952405

 

GPC Sub GP, LLC

 

Delaware

 

23-2952400

 

Graham Packaging Latin America, LLC

 

Delaware

 

23-2946827

 

Graham Packaging Poland, L.P.

 

Pennsylvania

 

23-2855283

 

Graham Recycling Company, L.P.

 

Pennsylvania

 

23-2636186

 

Graham Packaging France Partners

 

Pennsylvania

 

23-2850220

 

Graham Packaging West Jordan LLC

 

Utah

 

04-3642518

 

Graham Packaging Acquisition Corp.

 

Delaware

 

75-3168236

 

 

2



 

Graham Packaging Plastic Products Inc.

 

Delaware

 

95-2097550

 

Graham Packaging PET Technologies, Inc.

 

Delaware

 

06-1088896

 

Graham Packaging Regioplast STS Inc.

 

Delaware

 

34-1743397

 

Graham Packaging International Products Inc.

 

Delaware

 

34-1880159

 

Graham Packaging Leasing USA Inc.

 

Delaware

 

61-1216682

 

Graham Packaging Comerc USA Inc.

 

Delaware

 

61-1216688

 

Graham Packaging Controllers USA Inc.

 

Delaware

 

61-1216684

 

Graham Packaging Technological Specialties Inc.

 

Delaware

 

61-1216686

 

 

2401 Pleasant Valley Road
York, Pennsylvania

(Address of principal executive offices)

17402
(Zip code)

 

8 1/2% Senior Notes due 2012
(Title of the indenture securities)

 

3



 

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

 

 

 

Superintendent of Banks of the State of New York

 

One State Street, New York, N.Y. 10004-1417, and Albany, N.Y. 12223

 

 

 

Federal Reserve Bank of New York

 

33 Liberty Street, 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, Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121195.)

 

4.                                       A copy of the existing By-laws of the Trustee.  (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121195.)

 

4



 

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. 333-106702.)

 

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.

 

5



 

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 18th day of May, 2005.

 

 

THE BANK OF NEW YORK

 

 

 

 

 

By: 

/s/    ROBERT A. MASSIMILLO

 

 

Name:

ROBERT A. MASSIMILLO

 

 

Title:

VICE PRESIDENT

 

 

 

 

 

6



 

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 December 31, 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

 

$

3,866,500

 

Interest-bearing balances

 

8,455,170

 

Securities:

 

 

 

Held-to-maturity securities

 

1,885,665

 

Available-for-sale securities

 

20,781,508

 

Federal funds sold and securities purchased under agreements to resell

 

 

 

Federal funds sold in domestic offices

 

3,730,007

 

Securities purchased under agreements to resell

 

847,805

 

Loans and lease financing receivables:

 

 

 

Loans and leases held for sale

 

0

 

Loans and leases, net of unearned income

 

36,195,743

 

LESS: Allowance for loan and lease losses

 

587,611

 

Loans and leases, net of unearned income and allowance

 

35,608,132

 

Trading Assets

 

4,174,521

 

Premises and fixed assets (including capitalized leases)

 

949,424

 

Other real estate owned

 

754

 

Investments in unconsolidated subsidiaries and associated companies

 

268,366

 

Customers’ liability to this bank on acceptances outstanding

 

52,800

 

Intangible assets

 

 

 

Goodwill

 

2,746,404

 

Other intangible assets

 

758,137

 

Other assets

 

8,013,234

 

Total assets

 

$

92,138,427

 

 



 

LIABILITIES

 

 

 

Deposits:

 

 

 

In domestic offices

 

$

41,480,131

 

Noninterest-bearing

 

16,898,525

 

Interest-bearing

 

24,581,606

 

In foreign offices, Edge and Agreement subsidiaries, and IBFs

 

24,028,722

 

Noninterest-bearing

 

576,431

 

Interest-bearing

 

23,452,291

 

Federal funds purchased and securities sold under agreements to repurchase

 

 

 

Federal funds purchased in domestic offices

 

1,040,432

 

Securities sold under agreements to repurchase

 

491,007

 

Trading liabilities

 

2,724,930

 

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

 

4,780,573

 

Not applicable

 

 

 

Bank’s liability on acceptances executed and outstanding

 

54,517

 

Subordinated notes and debentures

 

2,390,000

 

Other liabilities

 

6,901,014

 

Total liabilities

 

$

83,891,326

 

 

 

 

 

Minority interest in consolidated subsidiaries

 

140,499

 

 

 

 

 

EQUITY CAPITAL

 

 

 

Perpetual preferred stock and related surplus

 

0

 

Common stock

 

1,135,284

 

Surplus (exclude all surplus related to preferred stock)

 

2,087,221

 

Retained earnings

 

4,892,420

 

Accumulated other comprehensive income

 

-8,323

 

Other equity capital components

 

0

 

Total equity capital

 

8,106,602

 

Total liabilities, minority interest, and equity capital

 

$

92,138,427

 

 



 

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