EXHIBIT 25.1
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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)
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The Bank of New York
(Exact name of trustee as specified in its charter)
New York 00-0000000
(State of incorporation if not a U.S. (I.R.S. employer identification no.)
national bank)
10286
One Wall Street, New York, N.Y. (Zip code)
(Address of principal executive
offices)
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Tyco International Group S.A.
(Exact name of obligor as specified in its charter)
Luxembourg Not Applicable
(State or other jurisdiction of (I.R.S. employer identification no.)
incorporation or organization)
0, xxxxxx Xxxxx Xxxxxx
Xxxxxx Xxxxx
X-0000 Xxxxxxxxxx
(Address of principal executive (Zip code)
offices)
Tyco International Ltd., as Guarantor
(Exact name of obligor as specified in its charter)
Bermuda Not Applicable
(State or other jurisdiction of (I.R.S. employer identification no.)
incorporation or organization)
The Zurich Centre, Second Floor
90 Xxxxx Bay Road
Pembroke HM 08, Bermuda
(Address of principal executive (Zip code)
offices)
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Senior Debt Securities
(Title of the indenture securities)
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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
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Superintendent of Banks of the State of New
York 0 Xxxxxx Xxxxxx, Xxx Xxxx
X.X. 00000, and Albany, N.Y. 00000
Xxxxxxx Xxxxxxx Xxxx xx Xxx Xxxx 00 Xxxxxxx Xxxxx,
Xxx Xxxx, X.X. 00000
Federal Deposit Insurance Corporation Washington, D.C. 20429
New York Clearing House Association Xxx Xxxx, Xxx Xxxx 00000
(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 and Exhibit 1 to Form T-1 filed
with Registration Statement No. 33-29637.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1
filed with Registration Statement No. 33-31019.)
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. 33-44051.)
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.
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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 eligiblility 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 16th day of August, 2001.
The Bank of New York
By: /s/ Xxxx Xxxxxxxx
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Name: Xxxx Xxxxxxxx
Title: Vice President
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EXHIBIT 7
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Consolidated Report of Condition of
THE BANK OF NEW YORK
of Xxx Xxxx Xxxxxx, Xxx Xxxx, X.X. 00000
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business March 31,
2001, 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................ $ 2,811,275
Interest-bearing balances......................................... 3,133,222
Securities:
Held-to-maturity securities....................................... 147,185
Available-for-sale securities..................................... 5,403,923
Federal funds sold and Securities purchased under agreements to
resell............................................................. 3,378,526
Loans and lease financing receivables:
Loans and leases held for sale.................................... 74,702
Loans and leases, net of unearned income........37,471,621
LESS: Allowance for loan and lease losses....... 599,061
Loans and leases, net of unearned income and allowance............ 36,872,560
Trading Assets...................................................... 11,757,036
Premises and fixed assets (including capitalized leases)............ 768,795
Other real estate owned............................................. 1,078
Investments in unconsolidated subsidiaries and associated
companies.......................................................... 193,126
Customers' liability to this bank on acceptances outstanding........ 592,118
Intangible assets...................................................
Goodwill.......................................................... 1,300,295
Other intangible assets........................................... 122,143
Other assets........................................................ 3,676,375
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Total assets.................................................... $70,232,359
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LIABILITIES
Deposits:
In domestic offices............................................... $25,962,242
Noninterest-bearing.............................10,586,346
Interest-bearing................................15,395,896
In foreign offices, Edge and Agreement subsidiaries, and IBFs..... 24,862,377
Noninterest-bearing............................. 373,085
Interest-bearing................................24,489,292
Federal funds purchased and securities sold under agreements to
repurchase......................................................... 1,446,874
Trading liabilities................................................. 2,373,361
Other borrowed money:
(includes mortgage indebtedness and obligations under capitalized
leases).......................................................... 1,381,512
Bank's liability on acceptances executed and outstanding............ 592,804
Subordinated notes and debentures................................... 1,646,000
Other liabilities................................................... 5,373,065
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Total liabilities............................................... $63,658,235
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EQUITY CAPITAL
Common stock....................................................... 1,135,284
Surplus............................................................ 1,008,773
Retained earnings.................................................. 4,426,033
Accumulated other comprehensive income............................. 4,034
Other equity capital components.................................... 0
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Total equity capital........................................... 6,574,124
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Total liabilities and equity capital........................... $70,232,359
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I, Xxxxxx X. Xxxxxx, Senior Vice President and Comptroller of the above-
named bank do hereby declare that this Report of Condition has been prepared in
conformance with the instructions issued by the Board of Governors of the
Federal Reserve System and is true to the best of my knowledge and belief.
Xxxxxx X. Xxxxxx,
Senior Vice President and Comptroller
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 Board of Governors of the Federal Reserve System and is true and
correct.
Xxxxxx X. Renyi ]
Xxxxxx X. Xxxxxxx ] Directors
Xxxx X. Xxxxxxxx ]
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