EX-25.01 11 a2040933zex-25_01.htm EXHIBIT 25.01 Prepared by MERRILL CORPORATION www.edgaradvantage.com
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Exhibit 25.01



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) / /


THE CHASE MANHATTAN BANK
(Exact name of trustee as specified in its charter)

New York
(State of incorporation if not a national bank)
  13-4994650
(IRS employer identification No.)

270 Park Avenue
New York, New York

(Address of principal executive offices)

 

10017
(Zip Code)

William H. McDavid
General Counsel
270 Park Avenue
New York, New York 10017
Tel: (212) 270-2611
(Name, address and telephone number of agent for service)


Corning Finance B.V.
(Exact name of obligor as specified in its charter)

The Netherlands
(State or other jurisdiction of incorporation or organization)
  N/A
(IRS employer identification No.)

Strawinskylaan 3105
1007 Amsterdam
The Netherlands

(Address of principal executive offices)

 

N/A
(Zip Code)

Debt Securities
(Title of the indenture securities)





GENERAL

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.

        New York State Banking Department, State House, Albany, New York 12110.

        Board of Governors of the Federal Reserve System, Washington, D.C., 20551

        Federal Reserve Bank of New York, District No. 2, 33 Liberty Street, New York, N.Y.

        Federal Deposit Insurance Corporation, Washington, D.C., 20429.

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

        Yes.

Item 2. Affiliations with the Obligor.

    If the obligor is an affiliate of the trustee, describe each such affiliation.

    None.

Item 16. List of Exhibits

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

    1.  A copy of the Articles of Association of the Trustee as now in effect, including the Organization Certificate and the Certificates of Amendment dated February 17, 1969, August 31, 1977, December 31, 1980, September 9, 1982, February 28, 1985, December 2, 1991 and July 10, 1996 (see Exhibit 1 to Form T-1 filed in connection with Registration Statement No. 333-06249, which is incorporated by reference).

    2.  A copy of the Certificate of Authority of the Trustee to Commence Business (see Exhibit 2 to Form T-1 filed in connection with Registration Statement No. 33-50010, which is incorporated by reference. On July 14, 1996, in connection with the merger of Chemical Bank and The Chase Manhattan Bank (National Association), Chemical Bank, the surviving corporation, was renamed The Chase Manhattan Bank).

    3.  None, authorization to exercise corporate trust powers being contained in the documents identified above as Exhibits 1 and 2.

    4.  A copy of the existing By-Laws of the Trustee (see Exhibit 4 to Form T-1 filed in connection with Registration Statement No. 333-76439, which is incorporated by reference).

    5.  Not applicable.

    6.  The consent of the Trustee required by Section 321(b) of the Act (see Exhibit 6 to Form T-1 filed in connection with Registration Statement No. 33-50010, which is incorporated by reference. On July 14, 1996, in connection with the merger of Chemical Bank and The Chase Manhattan Bank (National Association), Chemical Bank, the surviving corporation, was renamed The Chase Manhattan Bank).

    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.

    8.  Not applicable.

    9.  Not applicable.

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SIGNATURE

    Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, The Chase Manhattan Bank, 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 8th day of March, 2001.

    THE CHASE MANHATTAN BANK

 

 

By:

/s/ 
ROBERT S. PESCHLER   
Robert S. Peschler
Assistant Vice President

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Exhibit 7 to Form T-1

Bank Call Notice

RESERVE DISTRICT NO. 2
CONSOLIDATED REPORT OF CONDITION OF

The Chase Manhattan Bank
of 270 Park Avenue, New York, New York 10017
and Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System,

at the close of business September 30, 2000, 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 Millions

 
ASSETS  

Cash and balances due from depository institutions:

 

 

 

 
  Noninterest-bearing balances and currency and coin   $ 17,515  
  Interest-bearing balances     4,770  
Securities:        
Held to maturity securities     598  
Available for sale securities     62,624  
Federal funds sold and securities purchased under agreements to resell     30,503  
Loans and lease financing receivables:        
  Loans and leases, net of unearned income   $ 155,252  
  Less: Allowance for loan and lease losses     2,445  
  Less: Allocated transfer risk reserve     0  
   
 
  Loans and leases, net of unearned income, allowance, and reserve     152,807  
Trading Assets     51,438  
Premises and fixed assets (including capitalized leases)     4,205  
Other real estate owned     17  
Investments in unconsolidated subsidiaries and associated companies     379  
Customers' liability to this bank on acceptances outstanding     491  
Intangible assets     4,386  
Other assets     16,471  
   
 
TOTAL ASSETS   $ 346,204  
   
 

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LIABILITIES

 
Deposits        
  In domestic offices   $ 119,935  
  Noninterest-bearing   $ 46,678  
  Interest-bearing     73,257  
  In foreign offices, Edge and Agreement subsidiaries and IBF's     92,814  
Noninterest-bearing   $ 6,054  
  Interest-bearing     86,760  
Federal funds purchased and securities sold under agreements to repurchase     51,959  
Demand notes issued to the U.S. Treasury     750  
Trading liabilities     35,146  
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases):        
  With a remaining maturity of one year or less     5,226  
  With a remaining maturity of more than one year through three years     0  
  With a remaining maturity of more than three years     95  
Bank's liability on acceptances executed and outstanding     491  
Subordinated notes and debentures     5,874  
Other liabilities     12,460  
TOTAL LIABILITIES     324,750  

EQUITY CAPITAL

 

Perpetual preferred stock and related surplus

 

 

0

 
Common stock     1,211  
Surplus (exclude all surplus related to preferred stock)     12,991  
Undivided profits and capital reserves     8,278  
Net unrealized holding gains (losses) on available-for-sale securities     (1,043 )
Accumulated net gains (losses) on cash flow hedges     0  
Cumulative foreign currency translation adjustments     17  
TOTAL EQUITY CAPITAL     21,454  
   
 
TOTAL LIABILITIES AND EQUITY CAPITAL   $ 346,204  
   
 

I, Joseph L. Sclafani, E.V.P. & Controller 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.

JOSEPH L. SCLAFANI

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.

WILLIAM B. HARRISON, JR.     )  
HANS W. BECHERER     ) DIRECTORS
H. LAURANCE FULLER     )  

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