EX-25 4 a2213364zex-25.htm EX-25
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Exhibit 25

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)



U.S. BANK NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)

31-0841368
I.R.S. Employer Identification No.

800 Nicollet Mall
Minneapolis, Minnesota

(Address of principal executive offices)
  55402
(Zip Code)

Raymond S. Haverstock
U.S. Bank National Association
60 Livingston Avenue
St. Paul, MN 55107
(651) 466-6299
(Name, address and telephone number of agent for service)

MGM Resorts International
(Issuer with respect to the Securities)

Delaware
(State or other jurisdiction of
incorporation or organization)
  88-0215232
(I.R.S. Employer Identification No.)

3600 Las Vegas Boulevard South
Las Vegas, Nevada

(Address of Principal Executive Offices)

 

89109
(Zip Code)

6.750% Senior Notes Due 2020
Guarantees of the 6.750% Senior Notes Due 2020*
(Title of the Indenture Securities)

   



*TABLE OF ADDITIONAL REGISTRANTS

Exact Name of Registrant as Specified in Its Charter*
  State or Other
Jurisdiction of
Incorporation
or Organization
  I.R.S.
Employer
Identification
Number
 

350 Leasing Company I, LLC

  Nevada     26-0257649  

350 Leasing Company II, LLC

  Nevada     26-0881385  

450 Leasing Company I, LLC

  Nevada     80-0562797  

550 Leasing Company I, LLC

  Nevada     88-0121916  

550 Leasing Company II, LLC

  Nevada     27-2301518  

AC Holding Corp. 

  Nevada     88-0220212  

AC Holding Corp. II

  Nevada     88-0220229  

Aria Resort & Casino, LLC

  Nevada     20-5396350  

Beau Rivage Resorts, Inc., dba Beau Rivage

  Mississippi     88-0340296  

Bellagio, LLC, dba Bellagio

  Nevada     94-3373852  

Bungalow, Inc. 

  Mississippi     64-0410882  

Circus Circus Casinos, Inc., dba Circus Circus Hotel and Casino-Las Vegas Circus Circus Hotel and Casino-Reno and Slots-A-Fun Casino

  Nevada     88-0191825  

CityCenter Facilities Management, LLC

  Nevada     27-3246985  

CityCenter Realty Corporation

  Nevada     20-5106648  

Destron, Inc. 

  Nevada     88-0234293  

Diamond Gold, Inc. 

  Nevada     88-0242688  

Galleon, Inc. 

  Nevada     88-0307225  

Gold Strike Fuel Company, LLC dba Gold Strike Auto & Truck Plaza

  Nevada     88-0433152  

Gold Strike L.V. 

  Nevada     88-0230231  

Grand Laundry, Inc. 

  Nevada     88-0298834  

IKM MGM, LLC

  Nevada     26-0872384  

IKM MGM Management, LLC

  Nevada     26-0872415  

Jean Development Company, LLC, dba Gold Strike Hotel and Gambling Hall

  Nevada     88-0223200  

Jean Development North, LLC

  Nevada     88-0312945  

Jean Development West, LLC

  Nevada     88-0241415  

Jean Fuel Company West, LLC dba Nevada Landing Auto Plaza

  Nevada     88-0269160  

LV Concrete Corp. 

  Nevada     88-0337406  

MAC, Corp. 

  New Jersey     22-3424950  

Mandalay Corp., dba Mandalay Bay Resort and Casino and The Hotel

  Nevada     88-0384693  

Mandalay Employment, LLC

  Nevada     26-2196014  

Mandalay Marketing and Events

  Nevada     88-0350241  

Mandalay Place

  Nevada     88-0383769  

Mandalay Resort Group

  Nevada     88-0121916  

Metropolitan Marketing, LLC

  Nevada     22-3756320  

MGM Grand Atlantic City, Inc. 

  New Jersey     88-0354792  

MGM Grand Condominiums, LLC

  Nevada     55-0806676  

MGM Grand Condominiums II, LLC

  Nevada     20-2116101  

MGM Grand Condominiums III, LLC

  Nevada     05-0627790  

MGM Grand Condominiums East-Tower I, LLC

  Nevada     20-5106711  

MGM Grand Detroit, Inc. 

  Delaware     91-1829051  

MGM Grand Hotel, LLC, dba MGM Grand Hotel & Casino

  Nevada     94-3373856  

MGM Hospitality, LLC

  Nevada     20-8588249  

MGM International, LLC

  Nevada     20-5581298  

MGM Resorts Advertising, Inc. 

  Nevada     88-0162200  

2


Exact Name of Registrant as Specified in Its Charter*
  State or Other
Jurisdiction of
Incorporation
or Organization
  I.R.S.
Employer
Identification
Number
 

MGM Resorts Aircraft Holdings, LLC

  Nevada     11-3739807  

MGM Resorts Aviation Corp. 

  Nevada     88-0173596  

MGM Resorts Corporate Services

  Nevada     88-0225681  

MGM Resorts Development, LLC

  Nevada     88-0368826  

MGM Resorts Entertainment and Sports

  Nevada     88-0245169  

MGM Resorts International Design

  Nevada     88-0406202  

MGM Resorts International Global Gaming Development, LLC

  Nevada     26-3463682  

MGM Resorts International Marketing, Inc. 

  Nevada     86-0868640  

MGM Resorts International Operations, Inc. 

  Nevada     88-0471660  

MGM Resorts Land Holdings, LLC

  Nevada     51-0649237  

MGM Resorts Macao, LLC

  Nevada     88-0512367  

MGM Resorts Management and Technical Services, LLC

  Nevada     20-4986873  

MGM Resorts Manufacturing Corp. 

  Nevada     88-0195439  

MGM Resorts Mississippi, Inc., dba Gold Strike Casino Resort

  Mississippi     64-0831942  

MGM Resorts Online, LLC

  Nevada     45-3690532  

MGM Resorts Retail

  Nevada     88-0385232  

MGM Springfield, LLC

  Massachusetts     45-4315066  

MH, Inc., dba Shadow Creek

  Nevada     88-0245162  

Mirage Leasing Corp. 

  Nevada     88-0424843  

Mirage Laundry Services Corp. 

  Nevada     88-0287118  

Mirage Resorts, Incorporated

  Nevada     88-0058016  

M.I.R. Travel

  Nevada     88-0276369  

MMNY Land Company, Inc. 

  New York     33-1043606  

MRGS, LLC

  Nevada     88-0321295  

M.S.E. Investments, Incorporated ("MSE")

  Nevada     88-0142077  

Nevada Landing Partnership

  Illinois     88-0311065  

New Castle Corp., dba Excalibur Hotel and Casino

  Nevada     88-0239831  

New PRMA Las Vegas, Inc. 

  Nevada     88-0430015  

New York-New York Hotel & Casino, LLC, dba New York-New York Hotel & Casino

  Nevada     88-0329896  

New York-New York Tower, LLC

  Nevada     84-1646058  

OE Pub, LLC

  Nevada     27-0940613  

PRMA, LLC

  Nevada     88-0430017  

PRMA Land Development Company, dba Primm Valley Golf Club

  Nevada     88-0325842  

Project CC, LLC

  Nevada     84-1669056  

Railroad Pass Investment Group, LLC, dba Railroad Pass Hotel and Casino

  Nevada     88-0208350  

Ramparts, Inc., dba Luxor Hotel and Casino

  Nevada     88-0237030  

Signature Tower 1, LLC

  Nevada     20-5382807  

Signature Tower 2, LLC

  Nevada     26-3300673  

Signature Tower 3, LLC

  Nevada     26-3300756  

The Crystals at CityCenter Management, LLC

  Nevada     74-3242574  

The Mirage Casino-Hotel, dba The Mirage

  Nevada     88-0224157  

The Signature Condominiums, LLC

  Nevada     33-1129331  

Tower B, LLC

  Nevada     42-1747200  

Tower C, LLC

  Nevada     42-1747202  

Vendido, LLC

  Nevada     45-4205677  

Vdara Condo Hotel, LLC

  Nevada     20-8277206  

3


Exact Name of Registrant as Specified in Its Charter*
  State or Other
Jurisdiction of
Incorporation
or Organization
  I.R.S.
Employer
Identification
Number
 

Victoria Partners, dba Monte Carlo Resort and Casino

  Nevada     88-0346764  

VidiAd

  Nevada     88-0428375  

Vintage Land Holdings, LLC

  Nevada     20-8920761  

Vintage Land Holdings II, LLC

  Nevada     26-0181763  

*
Each additional registrant is a direct or indirect subsidiary of MGM Resorts International. The address, including zip code, and telephone number, including area code, of each registrant's principal executive offices is c/o MGM Resorts International, 3600 Las Vegas Boulevard South, Las Vegas, Nevada 89109, telephone (702) 693-7120. The name, address, and telephone number of the agent for service for each additional registrant is John M. McManus, Executive Vice President, General Counsel and Secretary, MGM Resorts International, 3600 Las Vegas Boulevard South, Las Vegas, Nevada 89109, telephone (702) 693-7120.

4



FORM T-1

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
          Washington, D.C.

      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

Items 3-15    Items 3-15 are not applicable because to the best of the Trustee's knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

Item 16.    LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

      1.
      A copy of the Articles of Association of the Trustee.*

      2.
      A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2.

      3.
      A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.

      4.
      A copy of the existing bylaws of the Trustee.**

      5.
      A copy of each Indenture referred to in Item 4. Not applicable.

      6.
      The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

      7.
      Report of Condition of the Trustee as of December 31, 2012 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

*
Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.

**
Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-166527 filed on May 5, 2010.

5



SIGNATURE

        Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. 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 and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of St. Paul, State of Minnesota on the 5th of March, 2013.

    By:   /s/ RAYMOND S. HAVERSTOCK

Raymond S. Haverstock
Vice President

6



Exhibit 2

[LOGO]

 
    Comptroller of the Currency
    Administrator of National Banks
 
    Washington, DC 20219


CERTIFICATE OF CORPORATE EXISTENCE

I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:

1.    The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2.    "U.S. Bank National Association," Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate.

[SEAL]   IN TESTIMONY WHEREOF, today, November 28, 2012, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.

 

 

/s/ THOMAS J. CURRY

Thomas J. Curry
Comptroller of the Currency

7



Exhibit 3

[LOGO]

 
    Comptroller of the Currency
    Administrator of National Banks
 
    Washington, DC 20219


CERTIFICATE OF CORPORATE EXISTENCE AND FIDUCIARY POWERS

I, John Walsh, Acting Comptroller of the Currency do hereby certify that:

1.    The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2.    "U.S. Bank National Association," Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking and exercise fiduciary powers on the date of this certificate.

[SEAL]   IN TESTIMONY WHEREOF, today, March 19, 2012, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.

 

 

/s/ JOHN WALSH

John Walsh
Acting Comptroller of the Currency

8



Exhibit 6

CONSENT

Dated: March 5, 2013

 
   
   

  By:   /s/ RAYMOND S. HAVERSTOCK

Raymond S. Haverstock
Vice President

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

9



Exhibit 7

U.S. Bank National Association
Statement of Financial Condition
As of 12/31/2012

($000's)

 
  12/31/2012  

Assets

       

Cash and Balances Due From Depository Institutions

  $ 8,252,302  

Securities

    74,022,528  

Federal Funds

    74,234  

Loans & Lease Financing Receivables

    219,884,343  

Fixed Assets

    5,024,268  

Intangible Assets

    12,542,566  

Other Assets

    25,288,375  
       

Total Assets

  $ 345,088,616  

Liabilities

       

Deposits

  $ 253,686,214  

Fed Funds

    4,291,213  

Treasury Demand Notes

    0  

Trading Liabilities

    404,237  

Other Borrowed Money

    30,911,125  

Acceptances

    0  

Subordinated Notes and Debentures

    4,736,320  

Other Liabilities

    11,473,186  
       

Total Liabilities

  $ 305,502,295  

Equity

       

Common and Preferred Stock

    18,200  

Surplus

    14,133,290  

Undivided Profits

    23,981,892  

Minority Interest in Subsidiaries

  $ 1,452,939  
       

Total Equity Capital

  $ 39,586,321  

Total Liabilities and Equity Capital

 
$

345,088,616
 

10




QuickLinks

TABLE OF ADDITIONAL REGISTRANTS
FORM T-1
SIGNATURE
Exhibit 2
CERTIFICATE OF CORPORATE EXISTENCE
Exhibit 3
CERTIFICATE OF CORPORATE EXISTENCE AND FIDUCIARY POWERS
Exhibit 6
CONSENT
Exhibit 7
U.S. Bank National Association Statement of Financial Condition As of 12/31/2012 ($000's)