EX-25.1 12 l07740bexv25w1.txt STATEMENT OF ELIGIBILITY 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) [ ] --------------------------- 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) --------------------------- 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) --------------------------- 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 ------------------------ ------------ ----------- ------ ----------------- 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
================================================================================ 5 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 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.) 6 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. 7 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 ------------------------------------ Name: Kisha A. Holder Title: Assistant Vice President 8 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
9 Other assets ................................................ 7,629,093 ------------ Total assets ................................................ $ 94,536,383 ============ 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 ------------ Total liabilities ........................................... $ 86,116,130 ============ 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 ------------ Total equity capital ........................................ 8,280,286 ------------ Total liabilities, minority interest, and equity capital .... $ 94,536,383 ============
10 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 11