EX-25.1 7 dex251.htm STATEMENT OF TRUSTEE ELIGIBILITY Statement of Trustee Eligibility

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)  ¨

 


 

LASALLE BANK NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 


 

36-0884183

(I.R.S. Employer Identification No.)

 

135 South LaSalle Street, Chicago, Illinois 60603

(Address of principal executive offices) (Zip Code)

 


 

Willie J. Miller, Jr.

Group Senior Vice President

Chief Legal Officer and Secretary

Telephone: (312) 904-2018

135 South LaSalle Street, Suite 925

Chicago, Illinois 60603

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

 


 

R.R. Donnelly & Sons Company

(Exact name of obligor as specified in its charter)

 


 

Delaware   36-1004130

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

77 West Wacker Drive

Chicago, Illinois

  60601-1696
(Address of principal executive offices)   (Zip Code)

 


 

3.75% Notes Due 2009

4.95% Notes Due 2014

(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.

 

  1. Comptroller of the Currency, Washington D.C.

 

  2. Federal Deposit Insurance Corporation, Washington, D.C.

 

  3. The Board of Governors of the Federal Reserve Systems, Washington, D.C.

 

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

 

Yes.

 

ITEM 2. AFFILIATIONS WITH THE OBLIGOR.

 

If the obligor is an affiliate of the trustee, describe each such affiliation.

 

Not Applicable


* Pursuant to General Instruction B, the trustee has responded only to items 1, 2 and 16 of this form since to the best knowledge of the trustee the obligor is not in default under any indenture under which the trustee is a trustee.


ITEM 16. LIST OF EXHIBITS.

 

List below all exhibits filed as part of this statement of eligibility and qualification.

 

  1. A copy of the Articles of Association of LaSalle Bank National Association now in effect. (incorporated herein by reference to Exhibit 1 filed with Form T-1 filed with the Current Report on Form 8-K, dated June 29, 2000, in File No. 333-61691).

 

  2. A copy of the certificate of authority to commence business (incorporated herein by reference to Exhibit 2 filed with Form T-1 filed with the Current Report on Form 8-K, dated June 29, 2000, in File No. 333-61691).

 

  3. A copy of the authorization to exercise corporate trust powers (incorporated herein by reference to Exhibit 3 filed with Form T-1 filed with the Current Report on Form 8-K, dated June 29, 2000, in File No. 333-61691).

 

  4. A copy of the existing By-Laws of LaSalle Bank National Association (incorporated herein by reference to Exhibit 4 filed with Form T-1 filed with the Current Report on Form 8-K, dated June 29, 2000, in File No. 333-61691).

 

  5. Not applicable.

 

  6. The consent of the trustee required by Section 321(b) of the Trust Indenture Act of 1939 (incorporated herein by reference to Exhibit 6 filed with Form T-1 filed with the Current Report on Form 8-K, dated June 29, 2000, in File No. 333-61691).

 

  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.

 

  8. Not applicable.

 

  9. Not applicable.

 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, the trustee, LaSalle Bank National Association, a corporation 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, State of Illinois, on the 29th day of April, 2004.

 

LASALLE BANK NATIONAL ASSOCIATION

By:

 

 


   

John W. Porter

   

Vice President


EXHIBIT 7

 

LaSalle Bank N.A.

135 South LaSalle Street

Chicago, IL 60603

  Call Date: 12/31/2003  

ST-BK: 17-1520

 

CERT: 15407

 

Transit Number: 71000505

 

Consolidated Report of Condition for Insured Commercial and

State-Chartered Savings Banks for December 31, 2003

 

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


ASSETS

                   

  1.    Cash and balances due from depository institutions (from Schedule RC-A):

             RCFD     

a. Noninterest-bearing balances and currency and coin (1)

             0081    1,554,805

b. Interest-bearing balances (2)

             0071    56,005

  2.    Securities:

                   

a. Held-to-maturity securities (from Schedule RC-B, column A)

             1754    142,797

b. Available-for-sale securities (from Schedule RC-B, column D)

             1773    22,784,500

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

                   

a. Federal funds sold in domestic offices

             B987    563,175

b. Securitites purchased under agreements to resell (3)

             B989    66,897

  4.    Loans and lease financing receivables (from schedule RC-C)

                   

a. Loans and leases held for sale

             5369    327,449

b. Loans and leases, net of unearned income

   B528    33,455,126          

c. LESS: Allowance for loan and lease losses

   3123    633,448          

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

             B529    32,821,678

  5.    Trading assets (from Schedule RC-D)

             3545    292,215

  6.    Premises and fixed assets (including capitalized leases)

             2145    278,382

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

             2150    15,559

  8.    Investments in unconsolidated subsidiaries and associated companies (from Schedule RC-M)

             2130    0

  9.    Customers’ liability to this bank on acceptances outstanding

             2155    18,213

10.    Intangible assets (from Schedule RC-M)

                   

a. Goodwill

             3163    181,613

b. Other Intangible assets

             0426    5,160

11.    Other assets (from Schedule RC-F)

             2160    2,150,409

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

             2170    61,258,857

(1) Includes cash items in process of collection and unposted debits.
(2) Includes time certificates of deposit not held for trading.
(3) Includes all securites resale agreements in domestic and foreign offices, regardless of maturity.

 

LaSalle Bank N.A.

135 South LaSalle Street

Chicago, IL 60603

  Call Date: 12/31/2003  

ST-BK: 17-1520

 

CERT: 15407

 

Transit Number: 71000505

 

Schedule RC - Continued

 

                    Dollar
Amounts in
Thousands


LIABILITIES

                   

13. Deposits:

             RCON     

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

             2200    27,672,604
                     
     RCON               

(1) Noninterest-bearing (1)

   6631    6,799,408          

(2) Interest-bearing

   6636    20,873,196          
               RCFN     

b. In foreign offices, Edge and Agreement subsidiaries, and IBFs (from Schedule RC-E, part II)

             2200    7,381,077
     RCFN               

(1) Noninterest-bearing

   6631    0          

(2) Interest-bearing

   6636    7,381,077          
               RCON     

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

                   

a. Federal funds purchased in domestic offices (2)

             B993    1,688,795
               RCFD     

b. Securities sold under agreements to repurchase (3)

             B995    3,476,413

15.    Trading liabilities (from Schedule RC-D)

             3548    176,632

16.    Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases): From schedule RC-M

             3190    11,488,432

17.    Not applicable.

                   

18.    Bank’s liability on acceptances executed and outstanding

             2920    18,213

19.    Subordinated notes and debentures (4)

             3200    540,000

20.    Other liabilities (from Schedule RC-G)

             2930    3,983,399

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

             2948    56,425,565

22.    Minority Interest in consolidated subsidiaries

             3000    29,039

EQUITY CAPITAL

                   
               RCFD     

23.    Perpetual preferred stock and related surplus

             3838    635,410

24.    Common stock

             3230    41,234

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

             3839    2,000,163

26.    a. Retained Earnings

             3632    1,979,389

b. Accumulated Other Comprehensive income. (5)

             B530    148,057

27.    Other Equity capital components (6)

             3284    0

28.    Total equity capital (sum of items 23 through 27)

             3210    4,804,253

29.    Total liabilities, minority interest, and equity capital (sum of items 21, 22, and 28)

             3300    61,258,857

Memorandum

                   
To be reported only with the March Report of Condition.              RCFD    Number

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 2001

             6724    N/A

 

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 managements assertion on the effectiveness of the with generally accepted auditing standards by a certified public accounting firm
4 = Directors’ examination of the bank conducted in accordance with generally accepted auditing standards by a certified 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

(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 repurchased 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.