EX-25.1 5 a2105054zex-25_1.htm EX-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

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


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

270 Park Avenue
New York, New York
 
10017
(Address of principal executive offices)   (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)

NEWELL RUBBERMAID INC.
(Exact name of obligor as specified in its charter)


Delaware
 
36-3514169
(State or other jurisdiction of
incorporation or organization)		   (I.R.S. employer
identification No.)

29 East Stephenson Street
Freeport, Illinois
 
61032
(Address of principal executive offices)   (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 and Guarantors.

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

        None.

2


Item 16. List of Exhibits

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

        1.    A copy of the Restated Organization Certificate of the Trustee dated March 25, 1997 and the Certificate of Amendment dated October 22, 2001 (see Exhibit 1 to Form T-1 filed in connection with Registration Statement No. 333-76894, 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 November 11, 2001 in connection with the merger of The Chase Manhattan Bank and Morgan Guaranty Trust Company of New York, the surviving corporation was renamed JPMorgan Chase 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. 333-76894, 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 November 11, 2001, in connection with the merger of The Chase Manhattan Bank and Morgan Guaranty Trust Company of New York, the surviving corporation was renamed JPMorgan Chase 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.

3


SIGNATURE

        Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, JPMorgan Chase 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 4th day of March, 2003.


 
 
JPMORGAN CHASE BANK

 
 
By
 
/s/  JOANNE ADAMIS      
Joanne Adamis
Vice President

4

Exhibit 7 to Form T-1

Bank Call Notice

RESERVE DISTRICT NO. 2
CONSOLIDATED REPORT OF CONDITION OF

JPMorgan Chase 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, 2002, 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         $ 17,141
  Interest-bearing balances           13,564
Securities:            
Held to maturity securities           408
Available for sale securities           74,344
Federal funds sold and securities purchased under agreements to resell            
  Federal funds sold in domestic offices           7,094
  Securities purchased under agreements to resell           72,512
Loans and lease financing receivables:            
  Loans and leases held for sale           17,153
  Loans and leases, net of unearned income   $ 161,915      
  Less: Allowance for loan and lease losses     3,458      
  Loans and leases, net of unearned income and allowance           158,457
Trading Assets           186,290
Premises and fixed assets (including capitalized leases)           6,177
Other real estate owned           57
Investments in unconsolidated subsidiaries and associated companies           326
Customers' liability to this bank on acceptances outstanding           281
Intangible assets            
  Goodwill           2,168
  Other Intangible assets           3,696
Other assets           45,403
TOTAL ASSETS         $ 605,071
         

LIABILITIES
 
 
 

Deposits
 
 
 
 
 
 
    In domestic offices         $ 167,400
    Noninterest-bearing   $ 66,691      
    Interest-bearing     100,709      
    In foreign offices, Edge and Agreement subsidiaries and IBF's           118,273
  Noninterest-bearing   $ 8,445      
    Interest-bearing     109,828      

5


Federal funds purchased and securities sold under agree-ments to repurchase:
 
 
 
 
 
 
    Federal funds purchased in domestic offices           6,317
    Securities sold under agreements to repurchase           105,558
Trading liabilities           126,199
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)           11,025
Bank's liability on acceptances executed and outstanding           304
Subordinated notes and debentures           7,895
Other liabilities           25,977
TOTAL LIABILITIES           568,948
Minority Interest in consolidated subsidiaries           91

EQUITY CAPITAL
 
 
 

Perpetual preferred stock and related surplus
 
 
 
 
 
0
Common stock           1,785
Surplus (exclude all surplus related to preferred stock)           16,304
Retained earnings           16,560
Accumulated other comprehensive income           1,383
Other equity capital components           0
TOTAL EQUITY CAPITAL           36,032
         
TOTAL LIABILITIES, MINORITY INTEREST, AND EQUITY CAPITAL         $ 605,071
         

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 in-structions issued by the appropriate Federal regulatory authority and is true and correct.

    WILLIAM B. HARRISON, JR. )  
    HANS W. BECHERER ) DIRECTORS
    LAWRENCE A. BOSSIDY )  

6



QuickLinks

SIGNATURE