EX-25.3 75 d824494dex253.htm EX-25.3 EX-25.3

Exhibit 25.3

 

 

 

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
(Address of principal executive offices)   (Zip Code)

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)

 

 

Outfront Media Capital LLC

and

Outfront Media Capital Corporation,

wholly owned subsidiaries of

OUTFRONT Media Inc.

(Exact name of obligor as specified in its charter)

 

 

Additional Registrants Listed on Schedule A Hereto

 

Outfront Media Capital LLC

Delaware

 

Outfront Media Capital Corporation

Delaware

(State or other jurisdiction of

incorporation or organization)

 

(State or other jurisdiction of

incorporation or organization)

46-4221811   35-2490863

(I.R.S. Employer

Identification No.)

 

(I.R.S. Employer

Identification No.)

405 Lexington Avenue, 17th Floor

New York, New York

  10174
(Address of principal executive offices)   (Zip Code)

 

 

5.875% Senior Notes due 2025

(Title of the Indenture securities)

 

 

 


SCHEDULE A

 

Name

  

State or Other

Jurisdiction of

Incorporation or

Organization

  

I.R.S.

Employer

Identification

Number

Century Prince Street, Inc.    New York    20-3375351
Fuel Outdoor LLC    New York    26-0074879
Fuel Outdoor Holdings LLC    Delaware    20-3995011
Fuel Outdoor San Francisco LLC    Delaware    20-4663829
Metro Fuel LLC    Delaware    20-5376145
Millennium Billboards L.L.C.    New York    13-4006979
Mizey Realty Co., Inc.    New York    13-4042269
Motion Pictures Promotions, LLC    New York    45-2384053
Outdoor Inc.    Maryland    86-0736400
Outfront Media Boston LLC    New York    27-0631945
Outfront Media Bus Advertising LLC    New York    20-3168797
Outfront Media Chicago LLC    New York    27-0631907
Outfront Media Citylites LLC    New York    45-2447339
Outfront Media Electrical & Maintenance LLC    New York    13-4084174
Outfront Media Group LLC    Delaware    13-2660769
OUTFRONT Media Inc.    Maryland    46-4494703
Outfront Media Kiosk Advertising LLC    New York    13-4054284
Outfront Media L.A. Inc.    Delaware    54-2092523
Outfront Media LLC    Delaware    46-4042148
Outfront Media Miami Holdings LLC    New York    27-0631866
Outfront Media Miami LLC    Delaware    20-5053402
Outfront Media Minnesota LLC    New York    27-3978383
Outfront Media Outernet Inc.    Delaware    04-3531204
Outfront Media San Francisco LLC    New York    27-0631817
Outfront Media Sign Erectors LLC    New York    13-4089506
Outfront Media Sports Inc.    Delaware    77-0141025
Outfront Media Transportation Advertising LLC    New York    20-5694015
Outfront Media VW Communications LLC    New York    13-3984032
Outfront Media Wall to Wall LLC    Delaware    22-3666517


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)    New York, NY
Federal Deposit Insurance Corporation    Washington, D.C.
New York State Banking Department    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 business - 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. - business - 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 September 30, 2014. 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 25th day of November, 2014.

 

DEUTSCHE BANK TRUST COMPANY AMERICAS
  By:  

/s/ CAROL NG

    CAROL NG
    VICE PRESIDENT


DEUTSCHE BANK TRUST COMPANY AMERICAS

     FFIEC 031
Legal Title of Bank         Page 16 of 79
NEW YORK         RC-1

 

    
City        
NY    10005     

 

    
State    Zip Code     
FDIC Certificate Number: 00623        

Consolidated Report of Condition for Insured Banks and Savings Associations for September 30, 2014

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     148,000      1.a

b. Interest-bearing balances (2)

      0071     25,772,000      1.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     0      2.b

3. Federal funds sold and securities purchased under agreements to resell:

      RCON    

a. Federal funds sold in domestic offices

      B987     110,000      3.a
      RCFD    

b. Securities purchased under agreements to resell (3)

      B989     12,653,000      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     15,928,000          4.b

c. LESS: Allowance for loan and lease losses

  3123     30,000          4.c

d. Loans and leases, net of unearned income and allowance (item 4.b minus 4.c)

      B529     15,898,000      4.d

5. Trading assets (from Schedule RC-D)

      3545     80,000      5

6. Premises and fixed assets (including capitalized leases)

      2145     18,000      6

7. Other real estate owned (from Schedule RC-M)

      2150     2,000      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     37,000      10.b

11. Other assets (from Schedule RC-F)

      2160     607,000      11
       

 

 

   

12. Total assets (sum of items 1 through 11)

      2170     55,325,000      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 16a of 79
FDIC Certificate Number:  00623     RC-1a

Schedule RC—Continued

 

    Dollar Amounts in Thousands     RCON   Tril | Bil | Mil | Thou      

Liabilities

         

13. Deposits:

         

a. In domestic offices (sum of totals of columns A and C from Schedule RC-E, part I)

      2200     42,822,000      13.a

(1) Noninterest-bearing (4)

  6631     26,234,000          13.a.1

(2) Interest-bearing

  6636     16,588,000          13.a.2

b. In foreign offices, Edge and Agreement subsidiaries, and IBFs

      RCFN    

(from Schedule RC-E, part II)

      2200     1,000      13.b

(1) Noninterest-bearing

  6631     1,000          13.b.1

(2) Interest-bearing

  6636     0          13.b.2

14. Federal funds purchased and securities sold under agreements to repurchase:

      RCON    

a. Federal funds purchased in domestic offices (5)

      B993     2,091,000      14.a
      RCFD    

b. Securities sold under agreements to repurchase (6)

      B995     0      14.b

15. Trading liabilities (from Schedule RC-D)

      3548     22,000      15

16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) (from Schedule RC-M)

      3190     59,000      16

17. and 18. Not applicable

         

 

(4) Includes noninterest-bearing demand, time, and savings deposits.
(5) Report overnight Federal Home Loan Bank advances in Schedule RC, item 16, “Other borrowed money.”
(6) Includes all securities repurchase agreements in domestic and foreign offices, regardless of maturity.


DEUTSCHE BANK TRUST COMPANY AMERICAS

    FFIEC 031
Legal Title of Bank     Page 17 of 79
FDIC Certificate Number:  00623     RC-2

 

              Dollar Amounts in Thousands     RCFD     Tril | Bil | Mil | Thou      

Liabilities—Continued

     

19. Subordinated notes and debentures (1)

    3200        0      19

20. Other liabilities (from Schedule RC-G)

    2930        1,628,000      20
         

 

 

   

21. Total liabilities (sum of items 13 through 20)

    2948        46,623,000      21
         

 

 

   

22. Not applicable

     
Equity Capital      

Bank Equity Capital

     

23. Perpetual preferred stock and related surplus

    3838        0      23

24. Common stock

    3230        2,127,000      24

25. Surplus (excludes all surplus related to preferred stock)

    3839        596,000      25

26. a. Retained earnings

    3632        5,896,000      26.a

b. Accumulated other comprehensive income (2)

    B530        -31,000      26.b

c. Other equity capital components (3)

    A130        0      26.c
         

 

 

   

27. a. Total bank equity capital (sum of items 23 through 26.c)

    3210        8,588,000      27.a
         

 

 

   

b. Noncontrolling (minority) interests in consolidated subsidiaries

    3000        114,000      27.b
         

 

 

   

28. Total equity capital (sum of items 27.a and 27.b)

    G105        8,702,000      28
         

 

 

   

29. Total liabilities and equity capital (sum of items 21 and 28)

    3300        55,325,000      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 2013

    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   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)

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)   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

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.   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 limited-life preferred stock and related surplus.
(2) Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other post retirement plan adjustments.
(3) Includes treasury stock and unearned Employee Stock Ownership Plan shares.