EX-25.1 5 d939294dex251.htm EX-25.1 EX-25.1

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)

 

 

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, Suite 2000

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

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

 

899 Cassatt Road, Suite 210

Berwyn, Pennsylvania

  19312
(Address of Principal Executive Offices)   (Zip Code)

 

 

Debt Securities

Guarantees of Debt Securities

(Title of the Indenture Securities)

 

 

 


TABLE OF CO-REGISTRANTS

The following direct and indirect subsidiaries of registrant may guarantee the debt securities and are co-registrants under this registration statement.

 

Exact Name of Registrant as Specified in its Charter

   State of
Incorporation
or Organization
   I.R.S. Employer
Identification
Number
 

Nu-Tech Brands, Inc.

   Delaware      23-2990482  

Triumph Brands, Inc.

   Delaware      23-2974847  

Triumph Group Acquisition Corp.

   Delaware      23-2974848  

Triumph Integrated Aircraft Interiors, Inc.

   Delaware      20-8646648  

Triumph Insulation Systems, LLC

   Nevada      88-0351614  

Triumph Accessory Services—Grand Prairie, Inc.

   Delaware      20-8227096  

Triumph Actuation Systems—Valencia, Inc.

   Delaware      23-3087691  

Triumph Actuation Systems, LLC

   Delaware      51-0347968  

Triumph Actuation Systems—Connecticut, LLC

   Delaware      23-2985939  

HT Parts, L.L.C.

   Delaware      02-0593102  

Triumph Structures—Kansas City, Inc.

   Missouri      43-0996699  

Triumph Aerospace Systems Group, LLC

   Delaware      20-0701219  

Triumph Aftermarket Services Group, LLC

   Delaware      20-0701287  

Triumph Airborne Structures, LLC

   Arkansas      71-0781909  

Triumph Aviations Inc.

   Pennsylvania      23-3101288  

Triumph Composite Systems, Inc.

   Delaware      55-0803321  

Triumph Controls, LLC

   Delaware      23-2831481  

Triumph Engineered Solutions, Inc.

   Delaware      13-3869941  

Triumph Engineering Services, Inc.

   Delaware      23-3086299  

Triumph Gear Systems, Inc.

   Delaware      54-1840009  

Triumph Gear Systems—Macomb, Inc.

   Michigan      38-2180514  

Triumph Group Acquisition Holdings, Inc.

   Delaware      23-3075463  

Triumph Thermal Systems, LLC

   Delaware      05-0567797  

Triumph Turbine Services, Inc.

   Delaware      23-3072034  

Triumph Structures—Wichita, Inc.

   Delaware      20-4449110  

Triumph Fabrications—Orangeburg, Inc. (f/k/a Triumph Fabrications—St. Louis, Inc.)

   Illinois      37-1291831  

VAC Industries, Inc.

   Delaware      52-1784782  

Triumph Aerostructures, LLC

   Delaware      27-2570489  

Triumph Aerostructures Holdings, LLC

   Delaware      27-2891121  

Triumph Engine Control Holdings, Inc.

   Delaware      46-2717921  

Triumph Engine Control Systems, LLC

   Delaware      46-1826747  

Triumph Investment Holdings, Inc.

   Nevada      26-3094119  

Triumph Actuation Systems—Yakima, LLC

   Delaware      46-5718307  

Triumph Aerostructures—Tulsa, LLC

   Delaware      36-4797012  

Triumph Thermal Systems—Maryland, Inc.

   Delaware      52-1887708  

The Triumph Group Operations, Inc.

   Delaware      51-0347964  

Triumph Instruments—Burbank, Inc.

   Delaware      20-8646590  

The Mexmil Holding Company, LLC

   California      33-0795911  

Triumph Group Acquisition Financing, LLC

   Delaware      46-3601744  

Triumph Group Holdings—Mexico, LLC

   Delaware      26-4831221  

 

2


Triumph Group Investment—Mexico, LLC

   Delaware      26-4831077  

Triumph Instruments, Inc.

   Delaware      23-2884213  

Triumph Metals Company

   Delaware      52-2229250  

Triumph Precision Casting Co.

   Delaware      23-3047800  

Triumph Real Estate—Mexico, LLC

   Delaware      27-1065526  

The address and telephone number of the principal executive offices for all of the subsidiaries is the same as for the Triumph Group, Inc. and the agent for service at such address is the same as for Triumph Group, Inc.

 

3


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, 2020 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.

 

  **

Incorporated by reference to Exhibit 25.1 to registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.

 

4


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 11th of June, 2020.

 

By:  

/s/ George J. Rayzis

  George J. Rayzis
  Vice President

 

5


Exhibit 2

 

LOGO

CERTIFICATE OF CORPORATE EXISTENCE

I, Joseph Otting, Comptroller of the Currency, do hereby certify that:

1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate.

IN TESTIMONY WHEREOF, today,

February 24, 2020, I have hereunto

subscribed my name and caused my seal

of office to be affixed to these presents at

the U.S. Department of the Treasury, in

the City of Washington, District of

Columbia

 

LOGO   LOGO
 

Comptroller of the Currency

 

 

 

6


Exhibit 3

 

LOGO

CERTIFICATE OF FIDUCIARY POWERS

I, Joseph Otting, Comptroller of the Currency, do hereby certify that:

1. The Office of the Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC I, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), was granted, under the hand and seal of the Comptroller, the right to act in all fiduciary capacities authorized under the provisions of the Act of Congress approved September 28, 1962, 76 Stat. 668, 12 USC 92a, and that the authority so granted remains in full force and effect on the date of this certificate.

IN TESTIMONY WHEREOF, today,

December 10, 20 19, I have hereunto

subscribed my name and caused my seal of

office to be affixed to these presents at the

U.S. Department of the Treasury, in the City

of Washington, District of Columbia.

 

LOGO   LOGO
 

    Comptroller of the Currency

 

 

 

7


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: June 11, 2020

 

By:  

/s/ George J. Rayzis

  George J. Rayzis
  Vice President

 

8


Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 3/31/2020

($000’s)

 

     3/31/2020  

Assets

  

Cash and Balances Due From Depository Institutions

   $ 46,699,020  

Securities

     122,149,987  

Federal Funds

     2,807  

Loans & Lease Financing Receivables

     316,711,655  

Fixed Assets

     9,075,777  

Intangible Assets

     12,477,802  

Other Assets

     26,012,043  
  

 

 

 

Total Assets

   $ 533,129,091  

Liabilities

  

Deposits

   $ 405,823,094  

Fed Funds

     1,428,527  

Treasury Demand Notes

     0  

Trading Liabilities

     1,392,214  

Other Borrowed Money

     55,078,404  

Acceptances

     0  

Subordinated Notes and Debentures

     3,850,000  

Other Liabilities

     14,338,298  
  

 

 

 

Total Liabilities

   $ 481,910,537  

Equity

  

Common and Preferred Stock

     18,200  

Surplus

     14,266,915  

Undivided Profits

     36,132,907  

Minority Interest in Subsidiaries

     800,532  
  

 

 

 

Total Equity Capital

   $ 51,218,554  

Total Liabilities and Equity Capital

   $ 533,129,091  

 

9