EX-25.1 38 dex251.htm STATEMENT OF ELIGIBILITY ON FORM T-1 OF WELLS FARGO BANK, NATIONAL ASSOCIATION Statement of Eligibility on Form T-1 of Wells Fargo Bank, National Association

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)

 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

 

 

A National Banking Association   94-1347393

(Jurisdiction of incorporation or

organization if not a U.S. national bank)

 

(I.R.S. Employer

Identification No.)

101 North Phillips Avenue

Sioux Falls, South Dakota

  57104
(Address of principal executive offices)   (Zip code)

Wells Fargo & Company

Law Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

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

 

 

Trans Union LLC

(Co-Issuing Entity in Respect of the Notes)

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   36-4262739

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

555 West Adams Street

Chicago, Illinois

  60661
(Address of principal executive offices)   (Zip code)

 

 

TransUnion Financing Corporation

(Co-Issuing Entity in Respect of the Notes)

(Exact name of obligor as specified in its charter)

 

Delaware   27-2830166

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

555 West Adams Street

Chicago, Illinois

  60661
(Address of principal executive offices)   (Zip code)

 

 

11 3/8% Senior Notes due 2018 and

Guarantees of 11 3/8% Senior Notes due 2018

(Title of the indenture securities)

 

 

 


GUARANTORS

 

Exact Name of Obligor as

Specified in its Charter

  

State or Other Jurisdiction of
Incorporation or Organization

 

I.R.S. Employer

Identification Number

 

Address of Principal
Executive Offices

Diversified Data Development Corporation    California   91-2902153  

c/o Trans Union LLC

555 West Adams Street

Chicago, IL 60661

TransUnion Healthcare, LLC    Delaware   27-1491512  

c/o Trans Union LLC

555 West Adams Street

Chicago, IL 60661

TransUnion Corp.    Delaware   74-3135689  

c/o Trans Union LLC

555 West Adams Street

Chicago, IL 60661

TransUnion Interactive, Inc.    Delaware   13-4117314  

c/o Trans Union LLC

555 West Adams Street

Chicago, IL 60661

TransUnion Rental Screening Solutions, Inc.    Delaware   52-2139271  

c/o Trans Union LLC

555 West Adams Street

Chicago, IL 60661

TransUnion Teledata LLC    Oregon   20-5618633  

c/o Trans Union LLC

555 West Adams Street

Chicago, IL 60661

Visionary Systems, Inc.    Georgia   58-2255788  

c/o Trans Union LLC

555 West Adams Street

Chicago, IL 60661


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

  Treasury Department

  Washington, D.C.

  Federal Deposit Insurance Corporation

  Washington, D.C.

  Federal Reserve Bank of San Francisco

  San Francisco, California 94120

 

  (b) Whether it is authorized to exercise corporate trust powers.

  The trustee is authorized to exercise corporate trust powers.

 

Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.

None with respect to the trustee.

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

 

Item 15. Foreign Trustee. Not applicable.

 

Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility.

 

Exhibit 1.    A copy of the Articles of Association of the trustee now in effect.*
Exhibit 2.    A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**
Exhibit 3.    See Exhibit 2
Exhibit 4.    Copy of By-laws of the trustee as now in effect.***
Exhibit 5.    Not applicable.
Exhibit 6.    The consent of the trustee required by Section 321(b) of the Act.
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.

 

* Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of file number 333-130784-06.
** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of file number 022-28721.
*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated May 26, 2005 of file number 333-125274.


SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo 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 to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Chicago and State of Illinois on the 28th day of February 2011.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/Gregory S. Clarke

Gregory S. Clarke
Vice President


EXHIBIT 6

February 28, 2011

Securities and Exchange Commission

Washington, D.C. 20549

Gentlemen:

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

 

Very truly yours,
WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/Gregory S. Clarke

Gregory S. Clarke

Vice President


EXHIBIT 7

Consolidated Report of Condition of

Wells Fargo Bank National Association

of 101 North Phillips Avenue, Sioux Falls, SD 57104

And Foreign and Domestic Subsidiaries,

at the close of business December 31, 2010, filed in accordance with 12 U.S.C. §161 for National Banks.

 

             Dollar Amounts
In Millions
 

ASSETS

     

Cash and balances due from depository institutions:

     

Noninterest-bearing balances and currency and coin

      $ 17,518   

Interest-bearing balances

        57,228   

Securities:

     

Held-to-maturity securities

        0   

Available-for-sale securities

        150,439   

Federal funds sold and securities purchased under agreements to resell:

     

Federal funds sold in domestic offices

        1,656   

Securities purchased under agreements to resell

        16,821   

Loans and lease financing receivables:

     

Loans and leases held for sale

        38,095   

Loans and leases, net of unearned income

     691,483      

LESS: Allowance for loan and lease losses

     19,637      

Loans and leases, net of unearned income and allowance

        671,846   

Trading Assets

        30,824   

Premises and fixed assets (including capitalized leases)

        8,129   

Other real estate owned

        5,713   

Investments in unconsolidated subsidiaries and associated companies

        659   

Direct and indirect investments in real estate ventures

        111   

Intangible assets

     

Goodwill

        20,931   

Other intangible assets

        26,452   

Other assets

        55,856   
           

Total assets

      $ 1,102,278   
           

LIABILITIES

     

Deposits:

     
     

In domestic offices

      $ 747,742   

Noninterest-bearing

     165,559      

Interest-bearing

     582,183      

In foreign offices, Edge and Agreement subsidiaries, and IBFs

        99,235   

Noninterest-bearing

     2,029      

Interest-bearing

     97,206      

Federal funds purchased and securities sold under agreements to repurchase:

     

Federal funds purchased in domestic offices

        2,930   

Securities sold under agreements to repurchase

        16,102   


      Dollar Amounts
In Millions
 

Trading liabilities

     15,647   

Other borrowed money

  

(includes mortgage indebtedness and obligations under capitalized leases)

     40,254   

Subordinated notes and debentures

     19,252   

Other liabilities

     37,554   
        

Total liabilities

   $ 978,716   

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

     0   

Common stock

     519   

Surplus (exclude all surplus related to preferred stock)

     98,971   

Retained earnings

     17,489   

Accumulated other comprehensive income

     5,280   

Other equity capital components

     0   
        

Total bank equity capital

     122,259   

Noncontrolling (minority) interests in consolidated subsidiaries

     1,303   
        

Total equity capital

     123,562   
        

Total liabilities, and equity capital

   $ 1,102,278   
        

I, Howard I. Atkins, EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared

in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

Howard I. Atkins

EVP & CFO    

We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

 

John Stumpf    Directors
Dave Hoyt   
Michael Loughlin