EX-25.1 5 exhibit-251formtx1.htm FORM T-1 Exhibit-25.1 Form T-1



Exhibit 25.1
 
 
 
 
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM T-1
STATEMENT OF ELGIBILITY UNDER
THE TRUST INDETURE ACT OF 1939 OF A
COPORATION DESIGNATE TO ACT AS TRUSTEE
Check if an Application to Determine Eligibility of
a Trustee Pursuant to Section 305(b)(2)
________________________________________________________
U.S. BANK NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)
31-0841368
I.R.S. Employer Identification No.
800 Nicollet Mall
 
Minneapolis, Minnesota
55402
(Address of principal executive offices)
(Zip Code)

George J. Rayzis
U.S. Bank National Association
50 South 16th Street
Philadelphia, PA 19102
(215) 761 9317
(Name, address and telephone number of agent for service)
Triumph Group, Inc.
(Issuer with respect to the Securities)
Delaware
51-0347963
(State or other jurisdiction of
(I.R.S. Employer
incorporation or organization)
Identification No.)
 
 
899 Cassatt Road
 
Suite 210
 
Berwyn, Pennsylvania
19312
(Address of Principal Executive Offices)
(Zip Code)
5.250% Senior Notes due 2022
(Title of the Indenture Securities)
See Table of Additional Registrants
(As Guarantors)
 
 
 
 
 


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TABLE OF ADDITIONAL REGISTRANTS
The following domestic subsidiaries of Triumph Group, Inc. are guarantors of the new notes and are co-registrants:
Exact Name of Registrant as Specified in its Charter
State of Incorporation or Organization
I.R.S. Employer Identification Number
Triumph Processing, Inc.
California
95-2504410
Triumph Structures-Los Angeles, Inc.
California
95-2110814
Triumph Brands, Inc.
Delaware
23-2974847
Triumph Group Acquisition Corp.
Delaware
23-2974848
The Triumph Group Operations, Inc.
Delaware
51-0347964
Triumph Group Acquisition Holdings, Inc.
Delaware
23-3075463
Triumph Fabrications-Fort Worth, Inc.
Delaware
75-1716019
Triumph Engineered Solutions, Inc.
Delaware
13-3869941
Nu-Tech Brands, Inc.
Delaware
23-2990482
Triumph Fabrications-San Diego, Inc.
Delaware
23-2996633
Triumph Turbine Services, Inc.
Delaware
23-3072034
Triumph Engineering Services, Inc.
Delaware
23-3086299
Triumph Actuation Systems-Valencia, Inc.
Delaware
23-3087691
Triumph Composite Systems, Inc.
Delaware
55-0803321
Triumph Thermal Systems, LLC
Delaware
05-0567797
Triumph Gear Systems, Inc.
Delaware
54-1840009
Triumph Aftermarket Services Group, LLC
Delaware
20-0701287
Triumph Aerospace Systems Group, LLC
Delaware
20-0701219
Triumph Structures-Wichita, Inc.
Delaware
20-4449110
Triumph Accessory Services-Grand Prairie, Inc.
Delaware
20-8227096
Triumph Integrated Aircraft Interiors, Inc.
Delaware
20-8646648
Triumph Investment Holdings, Inc.
Nevada
26-3094119
Triumph Aviations Inc.
Pennsylvania
23-3101288
Triumph Aerospace Systems-Newport News, Inc.
Virginia
54-1486601
Triumph Actuation Systems-Connecticut, LLC
Delaware
23-2985939
Triumph Actuation Systems, LLC
Delaware
51-0347968
HT Parts, L.L.C.
Delaware
02-0593102
Triumph Interiors, LLC
Delaware
20-4720061
Triumph Structures-Long Island, LLC
Delaware
26-1739922
Triumph Controls, LLC
Delaware
23-2831481
Triumph Insulation Systems, LLC
Nevada
90-0804428
Triumph Airborne Structures, LLC
Arkansas
71-0781909
Triumph Fabrications-Hot Springs, LLC
Arkansas
71-0402217
Triumph Gear Systems-Macomb, Inc.
Michigan
38-2180514
Triumph Structures-Kansas City, Inc.
Missouri
43-0996699
Triumph Structures-East Texas, Inc.
Texas
75-1477455
Triumph Aerostructures, LLC
Delaware
27-2570489
Triumph Fabrications-Orangeburg, Inc.
Illinois
37-1291831
VAC Industries, Inc.
Delaware
52-1784782
Triumph Structures-Everett, Inc.
Delaware
20-0450975
Triumph Aerostructures Holdings, LLC
Delaware
27-2891121
Triumph Aerostructures Real Estate Investment Co., LLC
Delaware
45-3611458
Triumph Engine Control Systems, LLC
Delaware
46-1826747
Triumph Processing-Embee Division, Inc.
California
95-1719509
Triumph Engine Control Holdings, Inc.
Delaware
46-2717921
_______________________________


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c/o Triumph Group, Inc.
899 Cassatt Road
Suite 210
Berwyn, Pennsylvania 19312
(610) 251-1000
(Address, Including Zip Code, and Telephone Number, Including Area Code,
of Each of the Co-Registrant’s Principal Executive Offices)


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FORM T-1
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
Washington, D.C.
b)
Whether it is authorized to exercise corporate trust powers.
Yes
Item 2. AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation.
None
Items 3-15 Items 3-15 are not applicable because to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.
Item 16. LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.
1.
A copy of the Articles of Association of the Trustee.*
2.
A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2.
3.
A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.
4.
A copy of the existing bylaws of the Trustee.**
5.
A copy of each Indenture referred to in Item 4. Not applicable.
6.
The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.
7.
Report of Condition of the Trustee as of March 31, 2013 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.
_______________________________    

*
Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.

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**
Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-166527 filed on May 5, 2010.

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SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. 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 and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Philadelphia, State of Pennsylvania on the 6 of August, 2014.
By: /s/ George J. Rayzis     
George J. Rayzis
Vice President



6
Exhibit 2


7
Exhibit 3


8
Exhibit 6


CONSENT
In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.
Dated: August 6, 2014

By: /s/ George J. Rayzis    
George J. Rayzis
Vice President


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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 3/31/2014
($000’s)
 
 
3/31/2014
Assets
 
 
Cash and Balances Due From
$
7,390,563

 
   Depository Instituions
 
 
Securities
84,977,518

 
Federal Funds
36,998

 
Loans & Lease Financing Receivables
234,549,731

 
Fixed Assets
4,726,552

 
Intangible Assets
13,234,790

 
Other Assets
22,187,278

 
Total Assets
$
367,103,430

 
 
 
Liabilities
 
 
Deposits
$
270,081,137

 
Fed Funds
3,856,384

 
Treasury Demand Notes
—

 
Trading Liabilities
422,782

 
Other Borrowed Money
35,507,326

 
Acceptances
—

 
Subordinated Notes and Debentures
4,623,000

 
Other Liabilities
11,663,853

 
Total Liabilities
$
326,154,482

 
 
 
Equity
 
 
Common and Preferred Stock
18,200

 
Surplus
14,266,409

 
Undivided Profits
25,808,807

 
Minority Interest in Subsidiaries
855,532

 
        Total Equity Capital
$
40,948,948

 
 
 
Total Liabilities and Equity Capital
$
367,103,430




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