EX-25.1 6 a2156236zex-25_1.htm EXHIBIT 25.1
QuickLinks -- Click here to rapidly navigate through this document

Exhibit 25.1



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)    o


THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)

New York
(State of incorporation
if not a U.S. national bank)
  13-5160382
(I.R.S. employer
identification no.)
        
One Wall Street, New York, N.Y.
(Address of principal executive offices)
  10286
(Zip code)

HEXCEL CORPORATION
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  94-1109521
(I.R.S. employer
identification no.)
        
Two Stamford Plaza
281 Tresser Boulevard
Stamford, Connecticut

(Address of principal executive offices)
  06901-3238
(Zip code)

6.75% Senior Subordinated Notes due 2015
(Title of the indenture securities)




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, 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.)

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.

2



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 6th day of April, 2005.

    THE BANK OF NEW YORK

 

 

By:

 

/s/  
BEATA HRYNIEWICKA      
Name: BEATA HRYNIEWICKA
Title: ASSISTANT TREASURER

3


        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  
   
 
         

4



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
Alan R. Griffith
  Directors

5




QuickLinks

SIGNATURE