Form: S-4

Registration of securities issued in business combination transactions

September 11, 2009

Documents

Exhibit 25.1
 
FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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)     |     |
 
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
     
    95-3571558
(State of incorporation   (I.R.S. employer
if not a U.S. national bank)   identification no.)
     
700 S. Flower Street    
2nd Floor    
Los Angeles, California   90017-4104
(Address of principal executive offices)   (Zip code)
 
The Bank of New York Mellon Trust Company, N.A.
900 Ashwood Parkway — Suite 425
Atlanta, GA 30338
Attn: Lee Ann Willis
(770) 698-5131

(Name, address, and telephone number of agent for service)
 
Novelis Inc.
(Exact name of obligor as specified in its charter)
     
Canada   98-0442987
(State or other jurisdiction of   (I.R.S. employer
incorporation or organization)   identification no.)
     
3399 Peachtree Road NE, Suite 1500   30326
Atlanta, Georgia   (Zip code)
(Address of principal executive offices)    
 
Debt Securities
(Title of the indenture securities)
 

(1)   See Table 1 — List of Additional Obligors

 


 

TABLE 1
             
    State of   Primary Standard   IRS Employer
    Incorporation or   Industrial Classification   Identification
Guarantor*   Formation   Number   Number
Novelis Corporation
  Texas   3350   41-2098321
Eurofoil Inc. (USA)
  New York   3350   13-3783544
Novelis PAE Corporation
  Delaware   3350   36-4266108
Aluminum Upstream Holdings LLC
  Delaware   3350   20-5137700
Novelis Brand LLC
  Delaware   3350   26-0442201
Novelis South America Holdings LLC
  Delaware   3350   20-5137684
Novelis Cast House Technology Ltd.
  Canada   3350   Not Applicable
Novelis No. 1 Limited Partnership
  Canada   3350   Not Applicable
4260848 Canada Inc.
  Canada   3350   Not Applicable
4260856 Canada Inc.
  Canada   3350   Not Applicable
Novelis Europe Holdings Ltd.
  United Kingdom   3350   Not Applicable
Novelis UK Ltd.
  United Kingdom   3350   Not Applicable
Novelis Services Limited
  United Kingdom   3350   Not Applicable
Novelis do Brasil Ltda.
  Brazil   3350   Not Applicable
Novelis AG
  Switzerland   3350   Not Applicable
Novelis Switzerland S.A.
  Switzerland   3350   Not Applicable
Novelis Technology AG
  Switzerland   3350   Not Applicable
Novelis Aluminium Holding Company
  Ireland   3350   Not Applicable
Novelis Deutschland GmbH
  Germany   3350   Not Applicable

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    State of   Primary Standard   IRS Employer
    Incorporation or   Industrial Classification   Identification
Guarantor*   Formation   Number   Number
Novelis Luxembourg S.A.
  Luxembourg   3350   Not Applicable
Novelis PAE S.A.S.
  France   3350   Not Applicable
 
*   Address and telephone number of principal executive offices are the same as those of Novelis Inc.

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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
 
Comptroller of the Currency United States Department of the Treasury
  Washington, D.C. 20219
 
   
Federal Reserve Bank
  Atlanta, Georgia 30309
 
   
Federal Deposit Insurance Corporation
  Washington, D.C. 20429
  (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 articles of association, as amended, of The Bank of New York Mellon Trust Company, N.A. formerly know as of The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).
 
  2.   A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
 
  3.   A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-152875).
 
  4.   A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-152875).
 
  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. 333-152875).
 
  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 Mellon Trust Company, N.A., a corporation 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 11th day of September, 2009.
             
    THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A.
 
  By:   /s/ Lee Ann Willis
 
   
    Name: Lee Ann Willis
    Title: Senior Associate

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EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017
     At the close of business June 30, 2009, published in accordance with Federal regulatory authority instructions.
             
        Dollar Amounts  
        in Thousands  
ASSETS
           
 
           
Cash and balances due from depository institutions:
           
Noninterest-bearing balances and currency and coin
        4,627  
Interest-bearing balances
        111,263  
Securities:
           
Held-to-maturity securities
        22  
Available-for-sale securities
        492,259  
Federal funds sold and securities purchased under agreements to resell:
           
Federal funds sold
        0  
Securities purchased under agreements to resell
        0  
Loans and lease financing receivables:
           
Loans and leases held for sale
        0  
Loans and leases, net of unearned income
    0    
LESS: Allowance for loan and lease losses
    0    
Loans and leases, net of unearned income and allowance
        0  
Trading assets
        0  
Premises and fixed assets (including capitalized leases)
        11,783  
Other real estate owned
        0  
Investments in unconsolidated subsidiaries and associated companies
        1  
Direct and indirect investments in real estate ventures
        0  
Intangible assets:
           
Goodwill
        876,153  
Other intangible assets
        258,262  
Other assets
        157,588  
 
         
Total assets
      $ 1,911,958  
 
         

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        Dollar Amounts  
        in Thousands  
LIABILITIES
           
 
           
Deposits:
           
In domestic offices
      599  
Noninterest-bearing
  599        
Interest-bearing
  0      
Not applicable
           
Federal funds purchased and securities sold under agreements to repurchase:
           
Federal funds purchased
        0  
Securities sold under agreements to repurchase
        0  
Trading liabilities
        0  
Other borrowed money:
           
(includes mortgage indebtedness and obligations under capitalized leases)
        268,691  
Not applicable
           
Not applicable
           
Subordinated notes and debentures
        0  
Other liabilities
        195,831  
Total liabilities
        465,121  
Not Applicable
           
 
           
EQUITY CAPITAL
           
 
           
Perpetual preferred stock and related surplus
        0  
Common stock
        1,000  
Surplus (exclude all surplus related to preferred stock)
        1,121,520  
Not Applicable
           
Retained earnings
        321,726  
Accumulated other comprehensive income
        2,591  
Other equity capital components
        0  
Not Available
           
Total bank equity capital
        1,446,837  
Noncontrolling (minority) interests in consolidated subsidiaries
        0  
Total equity capital
        1,446,837  
 
         
Total liabilities and equity capital
        1,911,958  
 
         
     I, Karen Bayz, Vice President of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.
     Karen Bayz      )      Managing Director
     We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date 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.
                         
     Troy Kilpatrick, MD
    )                  
     Frank P. Sulzberger, MD
    )     Directors (Trustees)        
     William D. Lindelof, VP
    )                  

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