EX-25.1 7 h77298exv25w1.htm EX-25.1 exv25w1
Exhibit 25.1
 
 
UNITED STATES
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)
     
 
DEUTSCHE BANK TRUST COMPANY AMERICAS
(formerly BANKERS TRUST COMPANY)
(Exact name of trustee as specified in its charter)
     
NEW YORK   13-4941247
(Jurisdiction of Incorporation or
organization if not a U.S. national bank)
  (I.R.S. Employer
Identification no.)
     
60 WALL STREET
NEW YORK, NEW YORK
  10005
(Zip Code)
(Address of principal executive offices)  
Deutsche Bank Trust Company Americas
Attention: Lynne Malina
Legal Department
60 Wall Street, 37th Floor
New York, New York 10005
(212) 250 — 0677

(Name, address and telephone number of agent for service)
 
Cooper Industries plc
(Exact name of obligor as specified in its charter)
     
Ireland   98-0632292
(State or other jurisdiction
of incorporation or organization)
  (IRS Employer Identification No.)
         
    CO-REGISTRANTS    
Cooper B-Line, Inc.   Delaware   76-0638615
Cooper Bussmann, LLC   Delaware   76-0554116
Cooper Crouse-Hinds, LLC   Delaware   20-1288146
Cooper Industries,Ltd.   Bermuda   98-0355628
Cooper Lighting, LLC   Delaware   76-0554120
Cooper Power Systems, LLC   Delaware   76-0253330
Cooper Wiring Devices, Inc.   New York   11-0701510
Cooper US, Inc.   Delaware   20-1686977
(Exact name of registrant as
specified in its charter)
  (State or other jurisdiction of
incorporation or organization)
  (IRS Employer Identification No.)
             
Cooper Industries plc
5 Fitzwilliam Square
Dublin 2, Ireland
353-1-6618770
  Cooper B-Line, Inc.
509 West Monroe Street
Highland, IL 62249
(618)654-5907
  Cooper Bussmann, LLC
114 Old State Road
Ellisville, MO 63021
(636)394-2877
  Cooper Crouse-Hinds, LLC
Wolf & 7 North Streets
Syracuse, NY 13221
(315) 477-7000
             
Cooper Industries, Ltd.
600 Travis
Houston, TX 77002
(713) 209-8400
  Cooper Lighting, LLC
1121 Highway 74 South
Peachtree City, GA 30269
(770) 486-4800
  Cooper Power Systems, LLC
2300 Badger Drive
Waukesha, WI 53188
(262) 896-2400
  Cooper Wiring Devices, Inc.
203 Cooper Circle
Peachtree City, GA 30269
(770) 631-2100
Cooper US, Inc.
600 Travis
Houston, TX 77002
(713) 209-8400
(Addresses, including zip code, and telephone numbers, including area code, of registrants’ principal executive offices)
Debt Securities
(Title of the Indenture securities)
 
 

 


 

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.
         
 
  Name   Address
 
 
  Federal Reserve Bank (2nd District)
Federal Deposit Insurance Corporation
New York State Banking Department
  New York, NY
Washington, D.C.
Albany, NY
  (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.
Item 3.-15.   Not Applicable
Item 16.   List of Exhibits.
         
 
  Exhibit 1 -   Restated Organization Certificate of Bankers Trust Company dated August 6, 1998, Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated September 25, 1998, Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated December 16, 1998, and Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated February 27, 2002 — Incorporated herein by reference to Exhibit 1 filed with Form T-1 Statement, Registration No. 333-157637-01.
 
       
 
  Exhibit 2 -   Certificate of Authority to commence business — Incorporated herein by reference to Exhibit 2 filed with Form T-1 Statement, Registration No. 333-157637-01.
 
       
 
  Exhibit 3 -   Authorization of the Trustee to exercise corporate trust powers - Incorporated herein by reference to Exhibit 3 filed with Form T-1 Statement, Registration No. 333-157637-01.
 
       
 
  Exhibit 4 -   Existing By-Laws of Deutsche Bank Trust Company Americas, as amended on April 15, 2002 — Incorporated herein by reference to Exhibit 4 filed with Form T-1 Statement, Registration No. 333-157637-01.

 


 

         
 
  Exhibit 5 -   Not applicable.
 
       
 
  Exhibit 6 -   Consent of Bankers Trust Company required by Section 321(b) of the Act - Incorporated herein by reference to Exhibit 6 filed with Form T-1 Statement, Registration No. 333-157637-01.
 
       
 
  Exhibit 7 -   The latest report of condition of Deutsche Bank Trust Company Americas dated as of June 30, 2010. Copy attached.
 
       
 
  Exhibit 8 -   Not Applicable.
 
       
 
  Exhibit 9 -   Not Applicable.

 


 

SIGNATURE
     Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Deutsche Bank Trust Company Americas, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility 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 this 8th day of November, 2010.
         
  DEUTSCHE BANK TRUST COMPANY AMERICAS
 
 
  By:   /s/ Carol Ng    
    Carol Ng   
    Vice President   
 

 


 

Exhibit 7
                 
DEUTSCHE BANK TRUST COMPANY AMERICAS   FFIEC031
         
Legal Title of Bank
          Page RC-1
 
               
NEW YORK
            14  
         
City
               
NY
    10005          
         
State
  Zip Code        
FDIC Certificate Number: 00623        
Printed on 8/4/2010 at 4:16 PM        
Consolidated Report of Condition for Insured Commercial
and State-Chartered Savings Banks for June 30, 2010
All schedules are to be reported in thousands of dollars. Unless otherwise indicated, report the amount outstanding as of the last business day of the quarter.
Schedule RC—Balance Sheet
                                         
Dollar Amounts in Thousands                   RCFD     Tril | Bil | Mil | Thou          
ASSETS
                                       
1. Cash and balances due from depository institutions (from Schedule RC-A):
                                       
a. Noninterest-bearing balances and currency and coin (1)
                    0081       342,000       1.a  
b. Interest-bearing balances (2)
                    0071       8,573,000       l.b  
2. Securities:
                                       
a. Held-to-maturity securities (from Schedule RC-B, column A)
                    1754       0       2.a  
b. Available-for-sale securities (from Schedule RC-B, column D)
                    1773       1,876,000       2.b  
3. Federal funds sold and securities purchased under agreements to resell:
                  RCON                
a. Federal funds sold in domestic offices
                    B987       177,000       3.a  
 
                  RCFD                
b. Securities purchased under agreements to resell (3)
                                       
 
                    B989       5,006,000       3.b  
4. Loans and lease financing receivables (from Schedule RC-C):
                                       
a. Loans and leases held for sale
                    5369       0       4.a  
b. Loans and leases, net of unearned income
    B528       13,279,000                       4.b  
c. LESS: Allowance for loan and lease losses
    3123       148,000                       4.c  
d. Loans and leases, net of unearned income and allowance (item 4.b minus 4.c)
                    B529       13,131,000       4.d  
5. Trading assets (from Schedule RC-D)
                    3545       7,855,000       5  
6. Premises and fixed assets (including capitalized leases)
                    2145       42,000       6  
7. Other real estate owned (from Schedule RC-M)
                    2150       17,000       7  
8. Investments in unconsolidated subsidiaries and associated companies
                    2130       0       8  
9. Direct and indirect investments in real estate ventures
                    3656       0       9  
10. Intangible assets:
                                       
a. Goodwill
                    3163       0       10.a  
b. Other intangible assets (from Schedule RC-M)
                    0426       50,000       10.b  
11. Other assets (from Schedule RC-F)
                    2160       5,237,000       11  
12. Total assets (sum of items 1 through 11)
                    2170       42,306,000       12  
 
(1)   Includes cash items in process of collection and unposted debits.
 
(2)   Includes time certificates of deposit not held for trading.
 
(3)   Includes all securities resale agreements in domestic and foreign offices, regardless of maturity.


 

         
DEUTSCHE BANK TRUST COMPANY AMERICAS
  FFIEC 031
Legal Title of Bank
  Page RC-2
 
       
FDIC Certificate Number: 00623
    15  
Printed on 8/4/2010 at 4:16 PM
       
Schedule RC—Continued
                                         
Dollar Amounts in Thousands                           Tril | Bil | Mil | Thou          
LIABILITIES
                                       
13. Deposits:
                  RCON                
a. In domestic offices (sum of totals of columns A and C from Schedule RC-E, part I)
                    2200       13,681,000       13.a  
(1) Noninterest-bearing (1)
    6631       7,729 000                       13.a.1  
(2) Interest-bearing
    6636       5,952,000                       13.a.2  
b. In foreign offices, Edge and Agreement subsidiaries, and IBFs (from Schedule RC-E, part II)
                  RCFN                
 
                    2200       8,622,000       13.b  
(1) Noninterest-bearing
    6631       3,649,000                       13.b.1  
(2) Interest-bearing
    6636       4,973,000                       13.b.2  
14. Federal funds purchased and securities sold under agreements to repurchase:
                  RCON                
a. Federal funds purchased in domestic offices (2)
                    B993       6,538,000       14.a  
 
                  RCFD                
b. Securities sold under agreements to repurchase (3)
                    B995       0       14.b  
15. Trading liabilities (from Schedule RC-D)
                    3548       234,000       15  
16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) (from Schedule RC-M)
                                       
 
                    3190       1,679,000       16  
17. and 18. Not applicable
                                       
19. Subordinated notes and debentures (4)
                    3200       0       19  
20. Other liabilities (from Schedule RC-G)
                    2930       2,134,000       20  
21. Total liabilities (sum of items 13 through 20)
                    2948       32,888,000       21  
22. Not applicable
                                       
EQUITY CAPITAL
                                       
Bank Equity Capital
                                       
23. Perpetual preferred stock and related surplus
                    3838       1,500,000       23  
24. Common stock
                    3230       2,127,000       24  
25. Surplus (excludes all surplus related to preferred stock)
                    3839       586,000       25  
26.a. Retained earnings
                    3632       4,798,000       26.a  
b. Accumulated other comprehensive income (5)
                    B530       8,000       26.b  
c. Other equity capital components (6)
                    A130       0       26.c  
27. a. Total bank equity capital (sum of items 23 through 26.c)
                    321D       9,019,000       27.a  
b. Noncontrolling (minority) interests in consolidated subsidiaries
                    3000       399.000       27.b  
28. Total equity capital (sum of items 27.a and 27.b)
                    G105       9,418,000       28  
29. Total liabilities and equity capital (sum of items 21 and 28)
                    3300       42,306,000       29  
Memoranda
                                       
                                         
To be reported with the March Report of Condition.
                                       
1. Indicate in the box at the right the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date during 2009
                  RCFD   Number        
 
                    6724       N/A       M.1  
     
1 =
  Independent audit of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the bank
 
   
2 =
  Independent audit of the bank’s parent holding company conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the consolidated holding company (but not on the bank separately)
 
   
3 =
  Attestation on bank management’s assertion on the effectiveness of the bank’s internal control over financial reporting by a certified public accounting firm.
 
   
4 =
  Directors’ examination of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm (may be required by state chartering authority)
 
   
5 =
  Directors’ examination of the bank performed by other external auditors (may be required by state chartering authority)
 
   
6 =
  Review of the bank’s financial statements by external auditors
 
   
7 =
  Compilation of the bank’s financial statements by external auditors
 
   
8 =
  Other audit procedures (excluding tax preparation work)
 
   
9 =
  No external audit work
                                         
To be reported with the March Report of Condition.
                  RCON   MM / DD        
2. Bank’s fiscal year-end date
                    8678       N/A       M.2  
 
(1)   Includes total demand deposits and noninterest-bearing time and savings deposits.
 
(2)   Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, “Other borrowed money.”
 
(3)   Includes all securities repurchase agreements in domestic and foreign offices, regardless of maturity.
 
(4)   Includes limited-life preferred stock and related surplus.
 
(5)   Includes net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and minimum pension liability adjustments.
 
(6)   Includes treasury stock and unearned Employee Stock Ownership Plan shares.