EX-25.1 9 s-3asrfeb2017xex251.htm EXHIBIT 25.1 Exhibit
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)

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
 
(I.R.S. Employer
 
 
 if not a U.S. national bank)
 
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)
_____________________________
 
CELANESE US HOLDINGS LLC
(Exact name of obligor as specified in its charter)
 
Delaware
 
20-1206848
 
 
 
 
 
 
 
(State or other jurisdiction of
 
(I.R.S. Employer
 
 
incorporation or organization)
 
Identification No.)
 
222 W. Las Colinas Blvd., Suite 900N
Irving, Texas 75039
TELEPHONE: (972) 443-4000

(Address, Including Zip Code, and Telephone Number, Including Area
Code, of Registrant’s Principal Executive Offices)
__________________________
Senior Debt Securities




And Guarantees
GUARANTORS*

 
Exact name of
Additional Registrant as
Specified in it Charter
 
State of
Incorporation or
Organization
 
IRS
Employee
Identification No.
 
 
Celanese Corporation
 
Delaware
 
98-0420726
 
 
Celanese Americas LLC
 
Delaware
 
22-1862783
 
 
Celanese Acetate LLC
 
Delaware
 
56-2051387
 
 
Celanese Chemicals, Inc.
 
Delaware
 
13-2916623
 
 
CNA Holdings LLC
 
Delaware
 
13-5568434
 
 
Celanese International Corporation
 
Delaware
 
75-2622529
 
 
Celtran, Inc.
 
Delaware
 
56-0818166
 
 
KEP Americas Engineering Plastics, LLC
 
Delaware
 
22-3537574
 
 
Ticona Fortron Inc.
 
Delaware
 
22-3140276
 
 
Ticona Polymers, Inc.
 
Delaware
 
13-3313358
 
 
Ticona LLC
 
Delaware
 
22-3546190
 
 
Celanese Global Relocation LLC
 
Delaware
 
41-2243055
 
 
Celanese Ltd.
 
Texas
 
75-2622526
 
 
Celanese Sales U.S. Ltd.
 
Texas
 
47-4261191

 

*Each Guarantor has the same principal executive office and phone number as Celanese US Holdings LLC
_____________________________________________________________________

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
Administrator of National Banks
United States Department of the Treasury
Washington, D.C. 20219
 
 
 
 
 
 
 
 
 
Federal Deposit Insurance Corporation
550 17th Street, N.W.
Washington, D.C. 20429
 
 
 
 
 
 
 
 
 
Federal Reserve Bank of San Francisco
P.O. Box 7702
San Francisco, CA 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 and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**

Exhibit 3.
See Exhibit 2

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 25 to the Form S-4 dated December 30, 2005 of Hornbeck Offshore Services LLC file number 333-130784-06.
**
Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit TG3 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.
*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25.1 to the Form S-4 dated May 26, 2005 of Penn National Gaming Inc. file number 333-125274.








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 City of Dallas and State of Texas on the 10th day of February, 2017.


 
 
 
 
WELLS FARGO BANK, NATIONAL ASSOCIATION
 
 
 
 
 
/s/ JOHN C. STOHLMANN
 
 
John C. Stohlmann
 
 
Vice President
 





EXHIBIT 6




February 10, 2017



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 thereof.

 
 
Very truly yours,
 
 
 
 
 
WELLS FARGO BANK, NATIONAL ASSOCIATION
 
 
 
 
 
/s/ JOHN C. STOHLMANN
 
 
John C. Stohlmann
 
 
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 September 30, 2016, 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
 
 
 
$
17,662

 
Interest-bearing balances
 
 
 
228,654

Securities
 
 
 
 
 
 
Held-to-maturity securities
 
 
 
99241

 
Available-for-sale securities
 
 
 
273,020

Federal funds sold and securities purchased under agreements to resell:
 
 
 
 
 
Federal funds sold in domestic offices
 
 
 
76

 
Securities purchased under agreements to resell
 
 
 
22,123

Loans and lease financing receivables:
 
 
 
 
 
Loans and leases held for sale
 
 
 
22,444

 
Loans and leases, net of unearned income
 
919,725
 
 
 
LESS: Allowance for loan and lease losses
 
10,603
 
 
 
Loans and leases, net of unearned income and allowance
 
 
 
909,122

Trading Assets
 
 
 
46,588

Premises and fixed assets (including capitalized leases)
 
 
 
7,671

Other real estate owned
 
 
 
955

Investments in unconsolidated subsidiaries and associated companies
 
 
 
10787

Direct and indirect investments in real estate ventures
 
 
 
0

Intangible assets
 
 
 
 
 
Goodwill
 
 
 
22,691

 
Other intangible assets
 
 
 
14,962

Other assets
 
 
 
64,823

 
 
 
 
 
Total assets
 
 
 

$1,740,819

 
 
 
 
 
LIABILITIES
 
 
 
 
 
Deposits:
 
 
 
 
 
In domestic offices
 
 
 

$1,167,424

 
 
Noninterest-bearing
 
375,955
 
 
 
 
Interest-bearing
 
791,469
 
 
 
In foreign offices, Edge and Agreement subsidiaries, and IBFs
 
 
 
154,137

 
 
Noninterest-bearing
 
1,032
 
 
 
 
Interest-bearing
 
153,105
 
 
Federal funds purchased and securities sold under agreements to repurchase:
 
 
 
 
 
Federal funds purchased in domestic offices
 
 
 
6,166

 
Securities sold under agreements to repurchase
 
 
 
20,719

 
 
 
 
 
 
 




 
 
 
 
 
 
Dollar Amounts
In Millions

 
 
 
 
 
 
Trading liabilities
 
 
 
25,666

Other borrowed money
 
 
 
 
 
 
(includes mortgage indebtedness and obligations under capitalized leases)
 
 
154,595

Subordinated notes and debentures
 
 
 
 
13,610

Other liabilities
 
 
 
 
38,863

 
 
 
 
 
 
 
Total liabilities
 
 
 
 

$1,581,180

 
 
 
 
 
 
 
 
 
 
 
 
EQUITY CAPITAL
 
 
 
 
 
Perpetual preferred stock and related surplus
 
 
 
0

Common stock
 
 
 
 
519

Surplus (exclude all surplus related to preferred stock)
 
 
 
106,704

Retained earnings
 
 
 
 
47,765

Accumulated other comprehensive income
 
 
 
4,257

Other equity capital components
 
 
 
0

 
 
 
 
 
 
Total bank equity capital
 
 
 
159,245

Noncontrolling (minority) interests in consolidated subsidiaries
 
 
 
394

 
 
 
 
 
Total equity capital
 
 
 
 
159,639

 
 
 
 
 
 
Total liabilities, and equity capital
 
 
 

$1,740,819




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
 
 
James Quigley
 
 
Enrique Hernandez, Jr.
 
 
Timothy Sloan