EX-25.1 5 dex251.htm FORM T-1 STATEMENT OF ELIGIBILITY Form T-1 Statement of 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)    x

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)

 

Guy Rounsaville

Executive Vice President

Telephone: (312) 904-5496

135 South LaSalle Street, Suite 925

Chicago, Illinois 60603

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

R. R. Donnelley & 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.)

111 South Wacker Drive

Chicago, Illinois

    60606-4301
(Address of principal executive offices)    (Zip Code)

Senior Debt Securities

(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 to Form T-1 filed as Exhibit 25 to Form S-3, dated June 28, 2006, in File No. 333-135417).

 

  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 as Exhibit 25 to Form S-3, dated June 28, 2006, in File No. 333-135417).

 

  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 December, 2006.

 

 

LASALLE BANK NATIONAL ASSOCIATION
By:    

/s/ John Porter

  Name:    John Porter
  Title:   Vice President

LaSalle Bank N.A.

    Call Date:      6/30/2006      ST-BK:  17-1520      FFIEC      031     

135 South LaSalle Street

                   Page      RC-1     

Chicago, IL 60603

    Vendor ID:  D           CERT: 15407        11          

Transit Number: 71000505

Consolidated Report of Condition for Insured Commercial and

State-Chartered Savings Banks for June 30, 2006

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      1,708,391        1.a
  

b. Interest-bearing balances (2)

      0071      12,092        1.b

  2.

   

Securities:

               
  

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

      1754      57,678        2.a
  

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

      1773      19,370,093        2.b

  3.

   

Federal funds sold and securities purchased under agreements to resell

               
  

a. Federal funds sold in domestic offices

      B987      1,578,300        3.a
  

b. Securities purchased under agreements to resell (3)

      B989      865,807        3.b

  4.

   

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

               
  

a. Loans and leases held for sale

      5369      2,257,538        4.a
  

b. Loans and leases, net of unearned income

    B528      40,926,072               
  

c. LESS: Allowance for loan and lease losses

    3123      678,293                  4.c
  

d. Loans and leases, net of unearned income,

               
  

allowance, and reserve (item 4.a minus 4.b and 4.c)

      B529      40,247,779        4.d

  5.

   

Trading assets (from Schedule RC-D)

      3545      1,247,311        5.

  6.

   

Premises and fixed assets (including capitalized leases)

      2145      250,072        6.

  7.

   

Other real estate owned (from Schedule RC-M)

      2150      9,055        7.

  8.

   

Investments in unconsolidated subsidiaries and associated companies (from

               
  

Schedule RC-M)

      2130      0        8.

  9.

   

Not applicable

               

10.

   

Intangible assets (from Schedule RC-M)

               
  

a. Goodwill

      3163      165,599      10.a
  

b. Other Intangible assets

      0426      0      10.b

11.

   

Other assets (from Schedule RC-F)

      2160      4,475,924      11.

12.

   

Total assets (sum of items 1 through 11)

      2170      72,245,639      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.

 

LaSalle Bank N.A.    Call Date:        6/30/2006      ST-BK: 17-1520      FFIEC      031
135 South LaSalle Street                 Page      RC-2
Chicago, IL 60603    Vendor ID: D         CERT: 15407          12     
Transit Number: 71000505                     

Schedule RC—Continued

                            Dollar Amounts in Thousands

LIABILITIES

                       

13.

   

Deposits:

                       
  

a. In domestic offices (sum of totals of

    columns A and C from Schedule RC-E, part I)

           RCON
2200		      37,017,497      13.a
      RCON                    
  

(1) Noninterest-bearing (1)

    6631      7,071,299                13.a.1
  

(2) Interest-bearing

    6636      29,946,198                13.a.2
                RCFN          
  

b. In foreign offices, Edge and Agreement subsidiaries,

    and IBFs (from Schedule RC-E, part II)

              2200      9,840,923      13.b
      RCFN                    
  

(1) Noninterest-bearing

    6631      0                13.b.1
  

(2) Interest-bearing

    6636      9,840,923                13.b.2
                RCON          

14.

    Federal funds purchased and securities sold under agreements to repurchase:               
  

a. Federal funds purchased in domestic offices (2)

      B993      1,807,106      14.a
        RCFD          
  

b. Securities sold under agreements to repurchase (3)

      B995      1,952,034      14.b

15.

   

Trading liabilities (from Schedule RC-D)

      3548      566,326      15

16.

   

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

      3190      10,654,935      16

17.

   

Not applicable

               

18.

   

Not applicable

               

19.

   

Subordinated notes and debentures (4)

      3200      540,000      19.

20.

   

Other liabilities (from Schedule RC-G)

      2930      3,547,589      20.

21.

   

Total liabilities (sum of items 13 through 20)

      2948      65,926,410      21.

22.

   

Minority Interest in consolidated subsidiaries

      3000      65,536      22.

EQUITY CAPITAL

                       
                RCFD          

23.

   

Perpetual preferred stock and related surplus

      3838      500,000      23.

24.

   

Common stock

      3230      41,234      24.

25.

   

Surplus (exclude all surplus related to preferred stock)

      3839      2,010,375      25.

26.

   

a. Retained Earnings

      3632      3,631,547      26.a
  

b. Accumulated Other Comprehensive income (5)

      B530      70,537      26.b

27.

   

Other Equity capital components (6)

      3284      0      27.

28.

   

Total equity capital (sum of items 23 through 27)

      3210      6,253,693      28.

29.

   

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

      3300      72,245,639      29.
(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.