EX-25.1 79 d772859dex251.htm EX-25.1 EX-25.1

Exhibit 25.1

 

 

 

UNITED STATES

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 Number)

 

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)

 

 

PERRIGO COMPANY PLC

(Exact name of obligor as specified in its charter)

 

 

 

Ireland  

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

 

Treasury Building  
Lower Grand Canal Street Dublin 2  
(Address of principal executive offices)   (Zip code)

 

 

1.30% Senior Notes due 2016

and Guarantees of 1.30% Senior Notes due 2016

2.30% Senior Notes due 2018

and Guarantees of 2.30% Senior Notes due 2018

4.00% Senior Notes due 2023

and Guarantees of 4.00% Senior Notes due 2023

5.30% Senior Notes due 2043

and Guarantees of 5.30% Senior Notes due 2043

(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

Habsont Limited    Ireland    98-1143888    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Perrigo Company    Michigan    38-2799573    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
L. Perrigo Company    Michigan    38-0920980    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
PBM Nutritionals, LLC    Delaware    20-1781050    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
PBM Products, LLC    Delaware    22-3499315    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
PBM International Holdings, LLC    Delaware    20-3220989    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
PBM Foods, LLC    Delaware    54-2090916    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
PBM China Holdings, LLC    Delaware    20-3777774    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Paddock Laboratories, LLC    Delaware    27-5064915    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Perrigo New York, Inc.    Delaware    13-3785453    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Sergeant’s Pet Care Products, Inc.    Michigan    46-0970417    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Velcera, Inc.    Delaware    20-3327015    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
FidoPharmBrands, LLC    Delaware    45-4116768    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
FidoPharm, Inc.    Delaware    26-4372483    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Meridian Animal Health, LLC    Nevada    26-1878136    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Perrigo Company of South Carolina, Inc.    Michigan    58-1564758    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Perrigo International, Inc.    Michigan    38-3144353    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Perrigo API USA, Inc.    Delaware    06-1594919    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Perrigo Diabetes Care, LLC    Delaware    45-4047338    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Perrigo Pharmaceuticals Company    Michigan    20-0240361    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Perrigo Florida, Inc.    Florida    65-0336176    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
SPC Trademarks, LLC    Texas    03-0416478    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Pet Logic, L.L.C.    Delaware    00-0000000    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
LoradoChem, Inc.    Colorado    20-0912038    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland


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

Perrigo Sourcing Solutions, Inc.    Michigan    27-0717739    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Perrigo Sales Corporation    Michigan    38-3233149    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Perrigo Research & Development Company    Michigan    82-0541583    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
P2C, Inc.    Michigan    30-0754547    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Perrigo Company of Tennessee Inc.    Tennessee    62-0634170    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Cobrek Pharmaceuticals, Inc.    Delaware    26-2609916    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
PBM Holdings, LLC    Delaware    52-2196322    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
PBM Canada Holdings, LLC    Delaware    20-3220996    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Elan Corporation Limited    Ireland    98-0487435    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Elan Holdings Limited    Ireland    98-0112748    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Elan Pharma International Limited    Ireland    98-0551187    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Elan Regulatory Holdings Limited    Ireland    00-0000000    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Elan Science Five Limited    Ireland    00-0000000    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
Keavy Finance Limited    Ireland    00-0000000    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland
The Institute of Biopharmaceutics Limited    Ireland    00-0000000    Treasury Building, Lower Grand Canal Street, Dublin 2, Ireland


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 as now in effect.*

 

  Exhibit 2. A copy of the Comptroller of the Currency Certificate of Corporate Existence for Wells Fargo Bank, National Association, dated November 13, 2013.**

 

  Exhibit 3. A copy of the Comptroller of the Currency Certification of Fiduciary Powers for Wells Fargo Bank, National Association, dated November 13, 2013.**

 

  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 25.1 to the Form S-3/A dated December 30, 2013 of Chase Issuance Trust, file number 333-192048.

 

** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25.1 to the Form S-3/A dated December 30, 2013 of Chase Issuance Trust, file number 333-192048.

 

*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25.1 to the Form S-3/A dated December 30, 2013 of Chase Issuance Trust, file number 333-192048.


SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, 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 15th day of August 2014.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION
/s/ Gregory S. Clarke

Gregory S. Clarke

Vice President


EXHIBIT 6

August 15, 2014

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 June 30, 2014, 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

      $ 20,183   

Interest-bearing balances

        210,191   

Securities:

     

Held-to-maturity securities

        30,108   

Available-for-sale securities

        212,699   

Federal funds sold and securities purchased under agreements to resell:

     

Federal funds sold in domestic offices

        118   

Securities purchased under agreements to resell

        20,279   

Loans and lease financing receivables:

     

Loans and leases held for sale

        25,789   

Loans and leases, net of unearned income

     784,428      

LESS: Allowance for loan and lease losses

     11,341      

Loans and leases, net of unearned income and allowance

        773,087   

Trading Assets

        35,111   

Premises and fixed assets (including capitalized leases)

        7,503   

Other real estate owned

        4,003   

Investments in unconsolidated subsidiaries and associated companies

        760   

Direct and indirect investments in real estate ventures

        3   

Intangible assets

     

Goodwill

        21,627   

Other intangible assets

        20,078   

Other assets

        55,289   
     

 

 

 

Total assets

      $ 1,436,828   
     

 

 

 

LIABILITIES

     

Deposits:

     

In domestic offices

      $ 1,033,620   

Noninterest-bearing

     283,808      

Interest-bearing

     749,812      

In foreign offices, Edge and Agreement subsidiaries, and IBFs

        102,345   

Noninterest-bearing

     746      

Interest-bearing

     101,599      

Federal funds purchased and securities sold under agreements to repurchase:

     

Federal funds purchased in domestic offices

        14,477   

Securities sold under agreements to repurchase

        15,687   


          Dollar
Amounts In
Millions
 

Trading liabilities

        14,382   

Other borrowed money

     

(includes mortgage indebtedness and obligations under capitalized leases)

        65,797   

Subordinated notes and debentures

        19,868   

Other liabilities

        29,113   
     

 

 

 

Total liabilities

      $ 1,295,289   

EQUITY CAPITAL

     

Perpetual preferred stock and related surplus

        0   

Common stock

        519   

Surplus (exclude all surplus related to preferred stock)

        103,060   

Retained earnings

        33,449   

Accumulated other comprehensive income

        4,364   

Other equity capital components

        0   
     

 

 

 

Total bank equity capital

        141,392   

Noncontrolling (minority) interests in consolidated subsidiaries

        147   
     

 

 

 

Total equity capital

        141,539   
     

 

 

 

Total liabilities, and equity capital

      $ 1,436,828   
     

 

 

 

I, John R. Shrewsberry, 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

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    
Timothy Sloan      
Avid Modjtabai