EX-25 4 dex25.htm STATEMENTS OF ELIGIBILITY AND QUALIFICATION ON FORM T-1 Statements of Eligibility and Qualification on Form T-1

Exhibit 25

 

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)             

 


 

Citibank, N.A.

(Exact name of trustee as specified in its charter)

 

   

13-5266470

(I.R.S. employer

identification no.)

399 Park Avenue, New York, New York

  10043

(Address of principal executive office)

  (Zip Code)

 


Crown Holdings, Inc.

 

Pennsylvania   75-3099507
(State of incorporation)   ( I.R.S. Employer Identification no.)

 

One Crown Way, Philadelphia, PA 19154

(Address of principal executive offices)

 

Crown Americas LLC

 

Pennsylvania   23-1526444
(State of incorporation)   (I.R.S. Employer Identification no.)

 

c/o Crown Holdings, Inc., One Crown Way, Philadelphia, PA 19154

(Address of principal executive offices)

 

Crown Americas Capital Corporation

 

Delaware   20-3764401
(State of Incorporation)   ( I.R.S. Employer Identification no.)

 

c/o Crown Holdings, Inc., One Crown Way, Philadelphia, PA 19154

(Address of principal executive offices)

 


Debt Securities

(Title of the indenture securities)


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.
            Name    Address
            Comptroller of the Currency    Washington, D.C.
            Federal Reserve Bank of New York    New York, NY
            33 Liberty Street     
            New York, NY     
            Federal Deposit Insurance Corporation    Washington, D.C.
     (b)      Whether it is authorized to exercise corporate trust powers.     
            Yes.     
Item 2. Affiliations with 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.
            Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as exhibits hereto.
            Exhibit 1—Copy of Articles of Association of the Trustee, as now in effect. (Exhibit 1 to T-1 to Registration Statement No. 2-79983)
            Exhibit 2—Copy of certificate of authority of the Trustee to commence business. (Exhibit 2 to T-1 to Registration Statement No. 2-29577).
            Exhibit 3—Copy of authorization of the Trustee to exercise corporate trust powers. (Exhibit 3 to T-1 to Registration Statement No. 2-55519)
            Exhibit 4—Copy of existing By-Laws of the Trustee. (Exhibit 4 to T-1 to Registration Statement No. 33-34988)
            Exhibit 5—Not applicable.


 
            Exhibit 6—The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939. (Exhibit 6 to T-1 to Registration Statement No. 33-19227.)
            Exhibit 7—Copy of the latest Report of Condition of Citibank, N.A. (as of March 31, 2005—attached)
            Exhibit 8— Not applicable.
            Exhibit 9— Not applicable.

 


 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, Citibank, N.A., 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 28th day of February, 2006.

 

CITIBANK, N.A.

By

 

/s/ John J. Byrnes

   

John J. Byrnes

Vice President


Charter No. 1461

Comptroller of the Currency

Northeastern District

REPORT OF CONDITION

CONSOLIDATING

DOMESTIC AND FOREIGN

SUBSIDIARIES OF

Citibank, N.A. of New York in the State of New York, at the close of business on September 30 2005, published in response to call made by Comptroller of the Currency, under Title 12, United States Code, Section 161. Charter Number 1461 Comptroller of the Currency Northeastern District.

 

ASSETS    Thousands of dollars

Cash and balances due from depository institutions:

      

Noninterest-bearing balances and currency and coin

   $ 16,437,000

Interest-bearing balances

     28,389,000

Held-to-maturity securities

     0

Available-for-sale securities

     108,701,000

Federal funds sold in domestic offices

     14,072,000

Federal funds sold and securities purchased under agreements to resell

     8,791,000

Loans and leases held for sale

     1,568,000

Loans and lease financing receivables:

      

Loans and Leases, net of unearned income

     376,526,000

LESS: Allowance for loan and lease losses

     6,621,000

Loans and leases, net of unearned income, allowance, and reserve

     369,905,000

Trading assets

     96,042,000

Premises and fixed assets (including capitalized leases)

     4,207,000

Other real estate owned

     54,000

Investments in unconsolidated subsidiaries and associated companies

     1,277,000

Customers’ liability to this bank on acceptances outstanding

     1,010,000

Intangible assets: Goodwill

     9,123,000

Intangible assets: Other intangible assets

     10,607,000

Other assets

     34,433,000
    

TOTAL ASSETS

   $ 704,616,000
    

LIABILITIES     

Deposits: In domestic offices

   $ 128,873,000

Noninterest-bearing

     22,598,000

Interest-bearing

     106,275,000


In foreign offices, Edge and Agreement subsidiaries, and IBFs

     348,584,000

Noninterest-bearing

     29,077,000

Interest-bearing

     319,507,000

Federal funds purchased in domestic offices

     19,291,000

Federal funds purchased and securities sold under agreements to repurchase

     4,971,000

Demand notes issued to the U.S. Treasury

     0

Trading liabilities

     52,879,000

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

     46,937,000

Bank’s liability on acceptances executed and outstanding

     1,010,000

Subordinated notes and debentures

     14,975,000

Other liabilities

     31,089,000
    

TOTAL LIABILITIES

   $ 648,609,000
    

Minority interest in consolidated Subsidiaries

     472,000
EQUITY CAPITAL     

Perpetual preferred stock and related surplus

     1,950,000

Common stock

     751,000

Surplus

     26,162,000

Retained Earnings

     28,702,000

Accumulated net gains (losses) on cash flow hedges

     –2,030,000

Other equity capital components

     0
    

TOTAL EQUITY CAPITAL

   $ 55,535,000
    

TOTAL LIABILITIES AND EQUITY CAPITAL

   $ 704,616,000
    

 

I, William J. Gonska, Controller & Vice President 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.

William J. Gonska, CONTROLLER & VICE PRESIDENT

 

We, the undersigned directors, attest to the correctness of this Report of Condition. 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.

ALAN S. MACDONALD

WILLIAM R. RHODES

SALLIE L. KRAWCHECK

DIRECTORS