EX-25.1 9 d784749dex251.htm EX-25.1 EX-25.1

Exhibit 25.1

 

 

 

UNITED STATES

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 if not a U.S. national bank)

 

    

(I.R.S. Employer

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)

 

 

THE GEO GROUP, INC.

(Exact name of obligor as specified in its charter)

SEE TABLE OF ADDITIONAL REGISTRANTS

 

Florida     65-0043078

(State or other jurisdiction of

incorporation or organization)

 

    

(I.R.S. Employer

Identification No.)

One Park Place, Suite 700

621 Northwest 53rd Street

Boca Raton, Florida

     33487-8242
(Address of principal executive offices)   (Zip code)

 

 

 

Senior Debt Securities

(Title of the indenture securities)

 

 

 

Table of Additional Registrants

 

Exact Name of Subsidiary

    State or Other
Jurisdiction of
Incorporation or
Formation		    I.R.S.
Employer
Identification
Number		  

GEO RE Holdings LLC

    Delaware              65-0682878   

Correctional Services Corporation, LLC

    Delaware      11-3182580   

CPT Limited Partner, LLC

    Delaware      *   

CPT Operating Partnership L.P.

    Delaware      65-0873924   

Correctional Properties Prison Finance LLC

    Delaware      *   

Public Properties Development and Leasing LLC

    Delaware      *   

GEO Holdings I, Inc.

    Delaware      56-2635779   

GEO Acquisition II, Inc.

    Delaware      01-0882442   

GEO Transport, Inc.

    Florida      56-2677868   

GEO Community Services, LLC

    Delaware      76-0433642   

Cornell Corrections Management, LLC

    Delaware      74-2650655   

CCG I, LLC

    Delaware      76-0544498   

Cornell Corrections of Alaska, Inc.

    Alaska      76-0578707   

Cornell Corrections of California, Inc.

    California      94-2411045   

Cornell Corrections of Texas, Inc.

    Delaware      74-2650651   

Cornell Corrections of Rhode Island, Inc.

    Delaware      74-2650654   

Cornell Interventions, Inc.

    Illinois      74-2918981   

Correctional Systems, LLC

    Delaware      33-0607766   

Cornell Abraxas Group, Inc.

    Delaware      76-0545741   

WBP Leasing, LLC

    Delaware      26-1849095   

BII Holding Corporation

    Delaware      26-3064495   

BII Holding I Corporation

    Delaware      26-3334669   

Behavioral Holding Corp.

    Delaware      20-4244005   

Behavioral Acquisition Corp.

    Delaware      22-3746193   

B.I. Incorporated

    Colorado      84-0769926   

MCF GP, LLC

    Delaware      *   

GEO MCF LP, LLC

    Delaware      *   

Municipal Corrections Finance, LP

    Delaware      72-1509519   

GEO Operations, LLC

    Florida      46-1288456   

GEO Corrections Holdings, Inc.

    Florida      46-1972528   

GEO Corrections and Detention, LLC

    Florida      46-1258100   

GEO Re-entry Services, LLC

    Florida      46-1260559   

Cornell Abraxas Group OS, LLC

    Florida      46-1270920   

Cornell Companies of California OS, LLC

    Delaware      46-1658344   

Cornell Companies of Texas OS, LLC

    Delaware      46-1664300   

Cornell Interventions OS, LLC

    Delaware      46-1679031   

Protocol Criminal Justice, Inc.

    Florida      90-1031969   

 

 

* Not applicable as these entities are disregarded for Federal Income Tax Purposes

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
       Treasury Department
       Washington, D.C.

 

       Federal Deposit Insurance Corporation
       Washington, D.C.

 

       Federal Reserve Bank of San Francisco
       San Francisco, California 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 for Wells Fargo Bank, National Association, dated June 27, 2012.**
Exhibit 3.    A copy of the Comptroller of the Currency Certification of Fiduciary Powers for Wells Fargo Bank, National Association, dated December 21, 2011.**
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 file number 333-130784.
** 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-3 dated January 23, 2013 of file number 333-186155.
*** 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 May 26, 2005 of 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 Atlanta and State of Georgia on the 4th day of September, 2014.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION
/s/ Stefan Victory

Stefan Victory

Vice President

EXHIBIT 6

September 4, 2014

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 therefor.

 

Very truly yours,

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/ Stefan Victory

Stefan Victory

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 June 30, 2014, 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

       $ 20,183   

Interest-bearing balances

         210,191   

Securities:

      

Held-to-maturity securities

         30,108   

Available-for-sale securities

         212,699   

Federal funds sold and securities purchased under agreements to resell:

      

Federal funds sold in domestic offices

         118   

Securities purchased under agreements to resell

         20,279   

Loans and lease financing receivables:

      

Loans and leases held for sale

         25,789   

Loans and leases, net of unearned income

      784,428      

LESS: Allowance for loan and lease losses

      11,341      

Loans and leases, net of unearned income and allowance

         773,087   

Trading Assets

         35,111   

Premises and fixed assets (including capitalized leases)

         7,503   

Other real estate owned

         4,003   

Investments in unconsolidated subsidiaries and associated companies

         760   

Direct and indirect investments in real estate ventures

         3   

Intangible assets

      

Goodwill

         21,627   

Other intangible assets

         20,078   

Other assets

         55,289   
     

 

 

  

Total assets

       $ 1,436,828   
     

 

 

  

LIABILITIES

      

Deposits:

      

In domestic offices

       $ 1,033,620   

Noninterest-bearing

      283,808      

Interest-bearing

      749,812      

In foreign offices, Edge and Agreement subsidiaries, and IBFs

         102,345   

Noninterest-bearing

      746      

Interest-bearing

      101,599      

Federal funds purchased and securities sold under agreements to repurchase:

      

Federal funds purchased in domestic offices

         14,477   

Securities sold under agreements to repurchase

         15,687   

          Dollar
Amounts
In Million		  

Trading liabilities

         14,382   

Other borrowed money

(includes mortgage indebtedness and obligations under capitalized leases)

         65,797   

Subordinated notes and debentures

         19,868   

Other liabilities

         29,113   
     

 

 

  

Total liabilities

       $ 1,295,289   

EQUITY CAPITAL

      

Perpetual preferred stock and related surplus

         0   

Common stock

         519   

Surplus (exclude all surplus related to preferred stock)

         103,060   

Retained earnings

         33,449   

Accumulated other comprehensive income

         4,364   

Other equity capital components

         0   
     

 

 

  

Total bank equity capital

         141,392   

Noncontrolling (minority) interests in consolidated subsidiaries

         147   
     

 

 

  

Total equity capital

         141,539   
     

 

 

  

Total liabilities, and equity capital

       $ 1,436,828   
     

 

 

  

 

I, John R. Shrewsberry, 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

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.

 

 

John Stumpf                                                                                  Directors

Timothy Sloan

Avid Modjtabai