EX-25.1 58 d932404dex251.htm EX-25.1 EX-25.1

Exhibit 25.1

 

 

 

UNITED STATES

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)

 

 

Advance Auto Parts, Inc.

(Exact name of obligor as specified in its charter)

See Table of additional registrants

 

 

 

Delaware   54-2049910

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

2635 East Millbrook Road

Raleigh, North Carolina

  27604
(Address of principal executive offices)   (Zip code)

 

 

3.900% Notes due 2030

(Title of the indenture securities)

 

 

 


Table of additional registrants

 

Exact name of additional registrant as specified in its charter(1)

   State or other jurisdiction of
incorporation or organization
   I.R.S. Employer
Identification
Number
 

AAP Financial Services, Inc.

   Virginia      45-4110599  

Advance Auto Business Support, LLC

   Virginia      26-1629361  

Advance Auto Innovations, LLC

   Virginia      54-2061915  

Advance e-Service Solutions, Inc.

   Virginia      45-3076919  

Advance Patriot, Inc.

   Delaware      20-2321090  

Advance Stores Company, Incorporated

   Virginia      54-0118110  

Advance Trucking Corporation

   Virginia      54-1895223  

Autopart International, Inc.

   Massachusetts      04-2261826  

B.W.P. Distributors, Inc.

   New York      13-3143287  

Crossroads Global Trading Corp.

   Virginia      26-1629453  

Discount Auto Parts, LLC

   Virginia      59-1447420  

Driverside, Inc.

   Delaware      26-0721672  

E-Advance, LLC

   Virginia      26-4627308  

General Parts Distribution LLC

   North Carolina      26-1470711  

General Parts International, Inc.

   North Carolina      20-1636773  

General Parts, Inc.

   North Carolina      56-0663185  

Golden State Supply LLC

   Nevada      74-3084679  

GPI Technologies, LLC

   Delaware      26-1459089  

Lee Holdings NC, Inc.

   Delaware      46-1771895  

MotoLogic, Inc.

   Delaware      61-1596479  

Straus-Frank Enterprises LLC

   Texas      74-2900805  

Western Auto of Puerto Rico, Inc.

   Delaware      43-1544437  

Western Auto of St. Thomas, Inc.

   Delaware      66-1469029  

WORLDPAC Puerto Rico, LLC

   Delaware      27-1480533  

WORLDPAC, Inc.

   Delaware      76-0428728  

Worldwide Auto Parts, Inc.

   California      33-0277362  

 

(1)

With the exception of Autopart International, Inc., the address, including zip code, of each additional registrant is 5008 Airport Road, Roanoke, Virginia 24012, and the phone number, including area code, is (540) 362-4911. The address, including zip code, of Autopart International, Inc., is 192 Mansfield Ave., Norton, Massachusetts 02766, and the phone number, including area code, is (781) 784-1111.

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 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 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 Atlanta and State of Georgia on the 2nd day of June, 2020.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/ Tina D. Gonzalez

Tina D. Gonzalez
Vice President


EXHIBIT 6

June 2, 2020

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/ Tina D. Gonzalez

Tina D. Gonzalez
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 December 31, 2019, 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

   $ 21,745  

Interest-bearing balances

     123,531  

Securities:

  

Held-to-maturity securities

     169,848  

Available-for-sale securities

     242,111  

Equity Securities with readily determinable fair value not held for trading

     122  

Federal funds sold and securities purchased under agreements to resell:

  

Federal funds sold in domestic offices

     82  

Securities purchased under agreements to resell

     58,438  

Loans and lease financing receivables:

  

Loans and leases held for sale

     14,855  

Loans and leases, net of unearned income

     968,033  

LESS: Allowance for loan and lease losses

     10,893  

Loans and leases, net of unearned income and allowance

     957,140  

Trading Assets

     58,848  

Premises and fixed assets (including capitalized leases)

     11,733  

Other real estate owned

     235  

Investments in unconsolidated subsidiaries and associated companies

     13,202  

Direct and indirect investments in real estate ventures

     12  

Intangible assets

     32,598  

Other assets

     59,196  
  

 

 

 

Total assets

   $ 1,763,696  
  

 

 

 

LIABILITIES

  

Deposits:

  

In domestic offices

   $ 1,403,302  

Noninterest-bearing

     452,458  

Interest-bearing

     950,844  

In foreign offices, Edge and Agreement subsidiaries, and IBFs

     44,243  

Noninterest-bearing

     858  

Interest-bearing

     43,385  

Federal funds purchased and securities sold under agreements to repurchase:

  

Federal funds purchased in domestic offices

     2,055  

Securities sold under agreements to repurchase

     6,389  


     Dollar Amounts
In Millions
 

Trading liabilities

     15,841  

Other borrowed money

  

(Includes mortgage indebtedness and obligations under capitalized leases)

     76,704  

Subordinated notes and debentures

     12,499  

Other liabilities

     32,411  
  

 

 

 

Total liabilities

   $ 1,593,444  

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

     0  

Common stock

     519  

Surplus (exclude all surplus related to preferred stock)

     114,728  

Retained earnings

     54,130  

Accumulated other comprehensive income

     844  

Other equity capital components

     0  
  

 

 

 

Total bank equity capital

     170,221  

Noncontrolling (minority) interests in consolidated subsidiaries

     31  
  

 

 

 

Total equity capital

     170,252  
  

 

 

 

Total liabilities, and equity capital

   $ 1,763,696  
  

 

 

 

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.

 

Directors

Maria R. Morris
Theodore F. Craver, Jr.
Juan A. Pujadas