EX-25.1 7 d409671dex251.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)

Paula Oswald

U.S. Bank National Association

633 West Fifth Street, 24th Floor, Los Angeles, CA 90071

(213) 615-6043

(Name, address and telephone number of agent for service)

 

 

WESTERN DIGITAL CORPORATION

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   33-0956711

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

 

5601 Great Oaks Parkway

San Jose, California

  95119
(Address of Principal Executive Offices)   (Zip Code)

 

 

Senior Notes due 2026

Guarantees for the Senior Notes due 2026

(Title of the Indenture Securities)

 

 

 


GUARANTORS

 

Exact Name of Additional Registrant
As Specified in its Charter*

   State or Other
Jurisdiction of
Incorporation or
Organization
     I.R.S. Employer
Identification No.
     Primary Standard
Industrial
Classification Code

Number
     Address, including Zip
Code, and Telephone
Number,
including Area Code, of
Principal Executive
Offices

HGST, Inc.

     Delaware        48-1280899        3572      5601 Great Oaks
Parkway
                         

San Jose, California
95119

(408) 717-6000

WD Media, LLC

     Delaware        94-2914864        3695      5601 Great Oaks
Parkway
                         

San Jose, California
95119

(408) 717-6000

Western Digital (Fremont), LLC

     Delaware        20-0120906        3572      5601 Great Oaks
Parkway
                         

San Jose, California
95119

(408) 717-6000

Western Digital Technologies, Inc.

     Delaware        95-2647125        3572      5601 Great Oaks
Parkway
                          San Jose, California
95119
                          (408) 717-6000

 

* The name, address, including zip code, and telephone number, including area code of the agent for service for each of the additional registrants are the same as Western Digital Corporation.

 

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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 September 30, 2017 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.

 

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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 Los Angeles, California on the 29th day of January, 2018.

 

By:  

/s/ Paula Oswald

  Paula Oswald
  Vice President

 

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Exhibit 2

 

LOGO

 

Office of the Comptroller of the Currency

    
       Washington, DC 20219

CERTIFICATE OF CORPORATE EXISTENCE

I, Keith A. Noreika, Acting 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.

“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,

 

June 7, 2017, 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

   Acting Comptroller of the Currency

 

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Exhibit 3

 

LOGO

 

Office of the Comptroller of the Currency

    
       Washington, DC 20219

CERTIFICATE OF FIDUCIARY POWERS

I, Keith A. Noreika, Acting 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), was granted, under the hand and seal of the Comptoroller, the right to act in all fiduciary capacities authorized under the provisions of the Act of Congress approved September 28, 1962, 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,

 

June 7, 2017, 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

   Acting Comptroller of the Currency

 

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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: January 29, 2018

 

By:  

/s/ Paula Oswald

  Paula Oswald
  Vice President

 

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Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 9/30/2017

($000’s)

 

     9/30/2017  

Assets

  

Cash and Balances Due From

   $ 20,502,653  

Depository Institutions

  

Securities

     110,797,206  

Federal Funds

     24,647  

Loans & Lease Financing Receivables

     277,953,611  

Fixed Assets

     4,538,527  

Intangible Assets

     12,820,876  

Other Assets

     25,614,306  
  

 

 

 

Total Assets

   $ 452,251,826  

Liabilities

  

Deposits

   $ 353,914,855  

Fed Funds

     992,263  

Treasury Demand Notes

     0  

Trading Liabilities

     989,885  

Other Borrowed Money

     31,965,947  

Acceptances

     0  

Subordinated Notes and Debentures

     3,300,000  

Other Liabilities

     14,438,977  
  

 

 

 

Total Liabilities

   $ 405,601,927  

Equity

  

Common and Preferred Stock

     18,200  

Surplus

     14,266,915  

Undivided Profits

     31,565,657  

Minority Interest in Subsidiaries

     799,127  
  

 

 

 

Total Equity Capital

   $ 46,649,899  

Total Liabilities and Equity Capital

   $ 452,251,826  

 

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