EX-25.1 8 d25115dex251.htm EX-25.1 EX-25.1

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

(Address of principal

executive offices)

  (Zip Code)

Deutsche Bank Trust Company Americas

Attention: Catherine Wang

Legal Department

60 Wall Street, 36th Floor

New York, New York 10005

(212) 250 – 7544

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

 

 

Outfront Media Capital LLC

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   46-4221811

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

Outfront Media Capital Corporation

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   35-2490863

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

 

 

wholly owned subsidiaries of

OUTFRONT Media Inc.

Additional Registrants Named in the Table of Additional Registrants

 

 

 

405 Lexington Avenue, 17th Floor

New York, New York

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

 

 

5.625% Senior Notes due 2024

(Title of the Indenture securities)

 

 

 


TABLE OF ADDITIONAL REGISTRANTS

 

Name

   State or Other
Jurisdiction of
Incorporation or
Organization
     Primary Standard
Industrial
Classification Code
Number
     I.R.S.
Employer
Identification
Number
 

Century Prince Street, Inc.

     New York         6500         20-3375351   

Fuel Outdoor LLC

     New York         6500         26-0074879   

Fuel Outdoor Holdings LLC

     Delaware         6500         20-3995011   

Fuel Outdoor San Francisco LLC

     Delaware         6500         20-4663829   

Metro Fuel LLC

     Delaware         6500         20-5376145   

Millennium Billboards L.L.C.

     New York         6500         13-4006979   

Mizey Realty Co., Inc.

     New York         6500         13-4042269   

Motion Picture Promotions, LLC

     New York         6500         45-2384053   

Outdoor Inc.

     Maryland         6500         86-0736400   

Outfront Media Boston LLC

     New York         6500         27-0631945   

Outfront Media Bus Advertising LLC

     New York         6500         20-3168797   

Outfront Media Chicago LLC

     New York         6500         27-0631907   

Outfront Media Citylites LLC

     New York         6500         45-2447339   

Outfront Media Electrical & Maintenance LLC

     New York         6500         13-4084174   

Outfront Media Group LLC

     Delaware         6500         13-2660769   

OUTFRONT Media Inc.

     Maryland         6500         46-4494703   

Outfront Media Kiosk Advertising LLC

     New York         6500         13-4054284   

Outfront Media L.A. Inc.

     Delaware         6500         54-2092523   

Outfront Media LLC

     Delaware         6500         46-4042148   

Outfront Media Miami Holdings LLC

     New York         6500         27-0631866   

Outfront Media Miami LLC

     Delaware         6500         20-5053402   

Outfront Media Minnesota LLC

     New York         6500         27-3978383   

Outfront Media Outernet Inc.

     Delaware         6500         04-3531204   

Outfront Media San Francisco LLC

     New York         6500         27-0631817   

Outfront Media Sign Erectors LLC

     New York         6500         13-4089506   

Outfront Media Sports Inc.

     Delaware         6500         77-0141025   

Outfront Media Transportation Advertising LLC

     New York         6500         20-5694015   

Outfront Media VW Communications LLC

     New York         6500         13-3984032   

Outfront Media Wall to Wall LLC

     Delaware         6500         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 16, 1998, Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated December 16, 1998, Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated September 3, 1999, 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. 333-201810.
Exhibit 2—    Certificate of Authority to commence business, incorporated herein by reference to Exhibit 2 filed with Form T-1 Statement, Registration No. 333-201810.
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. 333-201810.
Exhibit 4—    Existing By-Laws of Deutsche Bank Trust Company Americas, as amended on July 24, 2014, incorporated herein by reference to Exhibit 4 filed with Form T-1 Statement, Registration No. 333-201810.


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. 333-201810.
Exhibit 7—    A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.
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 12th day of November, 2015.

 

DEUTSCHE BANK TRUST COMPANY AMERICAS
   

/s/ Carol Ng

  By:        Name: Carol Ng
         Title:    Vice President


   Board of Governors of the Federal Reserve System   OMB Number 7100-0036
   Federal Deposit Insurance Corporation   OMB Number 3064-0052
   Office of the Comptroller of the Currency   OMB Number 1557-0081
     Approval expires March 31, 2018
     Page 1 of 84

Federal Financial Institutions Examination Council

 

 

 

  LOGO     

Consolidated Reports of Condition and Income for

a Bank with Domestic and Foreign Offices—FFIEC 031

 

 

 

Report at the close of business June 30, 2015

This report is required by law: 12 U.S.C. § 324 (State member banks); 12 U.S.C. §1817 (State nonmember banks); 12 U.S.C. §161 (National banks); and 12 U.S.C. §1464 (Savings associations).

        20150630  

      (RCON 9999)

Unless the context indicates otherwise, the term “bank” in this report form refers to both banks and savings associations.

This report form is to be filed by banks with branches and consolidated subsidiaries in U.S. territories and possessions, Edge or Agreement subsidiaries, foreign branches, consolidated foreign subsidiaries, or International Banking Facilities.

 

 

 

 

NOTE: Each bank’s board of directors and senior management are responsible for establishing and maintaining an effective system of internal control, including controls over the Reports of Condition and Income. The Reports of Condition and Income are to be prepared in accordance with federal regulatory authority instructions. The Reports of Condition and Income must be signed by the Chief Financial Officer (CFO) of the reporting bank (or by the individual performing an equivalent function) and attested to by not less than two directors (trustees) for state nonmember banks and three directors for state member banks, national banks, and savings associations.

I, the undersigned CFO (or equivalent) of the named bank, attest that the Reports of Condition and Income (including the

supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true and correct to the best of my knowledge and belief.

We, the undersigned directors (trustees), attest to the correctness of the Reports of Condition and Income (including the supporting schedules) for this report date and declare that the Reports of Condition and Income have been examined by us and to the best of our knowledge and belief have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true and correct.

 

 

    

 

Director (Trustee)

 

    

 

Signature of Chief Financial Officer (or Equivalent)      Director (Trustee)

 

    

 

Date of Signature      Director (Trustee)

 

 

 

Submission of Reports

Each bank must file its Reports of Condition and Income (Call Report) data by either:

 

(a) Using computer software to prepare its Call Report and then submitting the report data directly to the FFIEC’s Central Data Repository (CDR), an Internet-based system for data collection (https://cdr.ffiec.gov/cdr/), or

 

(b) Completing its Call Report in paper form and arranging with a software vendor or another party to convert the data into the electronic format that can be processed by the CDR. The software vendor or other party then must electronically submit the bank’s data file to the CDR.

For technical assistance with submissions to the CDR, please contact the CDR Help Desk by telephone at (888) CDR-3111, by fax at (703) 774-3946, or by e-mail at CDR.Help@ffiec.gov.

 

FDIC Certificate Number    

  623  
      (RSSD 9050)  

 

To fulfill the signature and attestation requirement for the Reports of Condition and Income for this report date, attach your bank’s completed signature page (or a photocopy or a computer generated version of this page) to the hard-copy record of the data file submitted to the CDR that your bank must place in its files.

The appearance of your bank’s hard-copy record of the submitted data file need not match exactly the appearance of the FFIEC’s sample report forms, but should show at least the caption of each Call Report item and the reported amount.

DEUTSCHE BANK TRUST COMPANY AMERICAS

 

Legal Title of Bank (RSSD 9017)

New York

 

 

City (RSSD 9130)

 

NY

    

10005

State Abbreviation (RSSD 9200)      ZIP Code (RSSD 9220)
 

 

 

The estimated average burden associated with this information collection is 50.4 hours per respondent and is estimated to vary from 20 to 775 hours per response, depending on circumstances. Burden estimates include the time for reviewing instructions, gathering and maintaining data in the required form, and completing the information collection, but exclude the time for compiling and maintaining business records in the normal course of a respondent’s activities. A Federal agency may not conduct or sponsor, and an organization (or a person) is not required to respond to a collection of Information, unless it displays a currently valid OMB control number. Comments concerning the accuracy of this burden estimate and suggestions for reducing this burden should be directed to the Office of Information and Regulatory Affairs, Office of Management and Budget, Washington, DC 20503, and to one of the following: Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551; Legislative and Regulatory Analysis Division, Office of the Comptroller of the Washington, DC 20219; Assistant Executive Secretary, Federal Deposit Insurance Corporation, Washington, DC 20429.

 

06/2015

Report generated on 30-Jul-2015 11:08:59    


  

FFIEC 031

Page 16 of 84

RC-1

 

Consolidated Report of Condition for Insured Banks

and Savings Associations for June 30, 2015

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         186,000       1.a.
  .     

b. Interest-bearing balances (2)

  

    0071         14,635,000       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:

  

          
 

a. Federal funds sold in domestic offices

          RCON        B987         0       3.a.
 

b. Securities purchased under agreements to resell (3)

    RCFD        B989         21,603,000       3.b.
  4.     

Loans and lease financing receivables (from Schedule RC-C):

  

    RCFD               
 

a. Loans and leases held for sale

  

    5369         0       4.a.
 

b. Loans and leases, net of unearned income

      B528      17,574,000         4.b.
 

c. LESS: Allowance for loan and lease losses

      3123      22,000               4.c.
 

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

  

    B529         17,552,000       4.d.
  5.     

Trading assets (from Schedule RC-D)

  

    3545         16,000       5.
  6.     

Premises and fixed assets (including capitalized leases)

  

    2145         17,000       6.
  7.     

Other real estate owned (from Schedule RC-M)

  

    2150         0       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         38,000       10.b.
  11.     

Other assets (from Schedule RC-F)

  

    2160         641,000       11.
  12.     

Total assets (sum of items 1 through 11)

  

    2170         54,688,000       12.
                 

 

Liabilities

               
  13.     

Deposits:

            RCON               
 

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

  

    2200         42,683,000       13.a.
 

    (1) Noninterest-bearing (4)

    RCON        6631      26,720,000            13.a.(1)
 

    (2) Interest-bearing..

    RCON        6636      15,963,000            13.a.(2)
 

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

  

    RCFN               
 

    (from Schedule RC-E, Part II)

            2200         0       13.b.
 

    (1) Noninterest-bearing

    RCFN        6631      0            13.b.(1)
 

    (2) Interest-bearing

    RCFN        6636      0            13.b.(2)
  14.     

Federal funds purchased and securities sold under agreements to repurchase:

  

                   
 

a. Federal funds purchased in domestic offices (5)

    RCON        B993         1,241,000       14.a.
 

b. Securities sold under agreements to repurchase (6)

    RCFD        B995         0       14.b.
  15.     

Trading liabilities (from Schedule RC-D)

    RCFD        3548         24,000       15.
  16.     

Other borrowed money (includes mortgage indebtedness and obligations under

capitalized leases) (from Schedule RC-M)

  

  

    RCFD               
      3190         7,000       16.
  17.     

and 18. Not applicable

               

 

 

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.
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.

 

06/2015

Report generated on 30-Jul-2015 11:08:59        


  

FFIEC 031

Page 17 of 84

RC-2

 

Schedule RC—Continued

 

     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         1,919,000      20.
21.  

Total liabilities (sum of items 13 through 20)

    2948         45,874,000      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 (exclude all surplus related to preferred stock)

    3839         596,000      25.
26.  

a. Retained earnings

    3632         6,093,000      26.a.
 

b. Accumulated other comprehensive income (2)

    B530         (2,000   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         8,814,000      27.a.
 

b. Noncontrolling (minority) interests in consolidated subsidiaries.

    3000         0      27.b.
28.  

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

    G105         8,814,000      28.
29.  

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

    3300         54,688,000      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

  RCFD   Number           
 

as of any date during 2014

  6724   NA      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   NA      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 postretirement plan adjustments.
3. Includes treasury stock and unearned Employee Stock Ownership Plan shares.

 

03/2015

Report generated on 30-Jul-2015 11:08:59