EX-25.1 9 d173419dex251.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)

 

 

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)

 

 

Donnelley Financial Solutions, Inc.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware     36-4829638

(State or other jurisdiction of

incorporation or organization)

   

(I.R.S. Employer

Identification No.)

 

35 West Wacker Drive

Chicago, Illinois

    60601
(Address of principal executive offices)     (Zip code)

 

 

8.250% Senior Notes due 2024

 

 

 


GUARANTORS

 

Exact name of registrant

as specified in its charter

  

State or

other jurisdiction

of

incorporation or
organization

   I.R.S. Employer
Identification
No.

Donnelley Financial, LLC

   Delaware    13-2618477

DFS International Holdings, Inc.

   Delaware    30-0951588


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 June 27, 2012.**
Exhibit 3.   

A copy of the Comptroller of the Currency Certification of Fiduciary Powers for Wells Fargo Bank, National Association, dated December 21, 2011. **

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 S-3 dated January 23, 2013 of file number 333-186155.
*** 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 Minneapolis and State of Minnesota on the 10th day of March, 2017.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/ Barry D. Somrock

Barry D. Somrock
Vice President

 


EXHIBIT 6

March 10, 2017

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/ Barry D. Somrock

 
Barry D. Somrock  
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, 2016, 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

      $ 19,607  

Interest-bearing balances

        200,504  
Securities:      

Held-to-maturity securities

        99,478  

Available-for-sale securities

        286,478  
Federal funds sold and securities purchased under agreements to resell:      

Federal funds sold in domestic offices

        77  

Securities purchased under agreements to resell

        22,705  
Loans and lease financing receivables:      

Loans and leases held for sale

        19,947  

Loans and leases, net of unearned income

     924,819     

LESS: Allowance for loan and lease losses

     10,502     

Loans and leases, net of unearned income and allowance

        914,317  
Trading Assets         36,745  
Premises and fixed assets (including capitalized leases)         7,745  
Other real estate owned         915  
Investments in unconsolidated subsidiaries and associated companies         11,334  
Direct and indirect investments in real estate ventures         233  
Intangible assets      

Goodwill

        22,695  

Other intangible assets

        17,298  
Other assets         67,157  
     

 

 

 
Total assets       $ 1,727,235  
     

 

 

 
LIABILITIES      
Deposits:      

In domestic offices

      $ 1,218,766  

Noninterest-bearing

     407,266     

Interest-bearing

     811,500     

In foreign offices, Edge and Agreement subsidiaries, and IBFs

        120,624  

Noninterest-bearing

     1,115     

Interest-bearing

     119,509     
Federal funds purchased and securities sold under agreements to repurchase:      

Federal funds purchased in domestic offices

        6,444  

Securities sold under agreements to repurchase

        9,562  


     Dollar Amounts
In Millions
 
    

Trading liabilities

     13,951  

Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)

     159,898  

Subordinated notes and debentures

     13,200  

Other liabilities

     29,006  
  

 

 

 

Total liabilities

   $ 1,571,451  

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

     0  

Common stock

     519  

Surplus (exclude all surplus related to preferred stock)

     106,705  

Retained earnings

     49,373  

Accumulated other comprehensive income

     (1,220

Other equity capital components

     0  
  

 

 

 

Total bank equity capital

     155,377  

Noncontrolling (minority) interests in consolidated subsidiaries

     407  
  

 

 

 

Total equity capital

     155,784  
  

 

 

 

Total liabilities, and equity capital

   $ 1,727,235  
  

 

 

 

I, John R. Shrewsberry, Sr. 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.

 

John R. Shrewsberry
Sr. 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.

Directors

James Quigley

Enrique Hernandez, Jr

Cynthia Milligan