EX-25.1 16 d543125dex251.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)

 

 

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

(Exact name of trustee as specified in its charter)

 

 

 

  95-3571558

(State of incorporation

if not a U.S. national bank)

 

(I.R.S. employer

identification no.)

700 South Flower Street

Suite 500

Los Angeles, California

  90017
(Address of principal executive offices)   (Zip code)

Evelyn T. Furukawa

400 South Hope Street

Mellon Bank Center

Los Angeles, California 90071

213.630.6463

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

 

 

TEMPUR SEALY INTERNATIONAL, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   33-1022198

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification no.)

1000 Tempur Way

Lexington, Kentucky

  40511
(Address of principal executive offices)   (Zip code)

6.875% Senior Notes

Guarantees of the 6.875% Senior Notes

(Title of the Indenture Securities)

 

 

 


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.

 

Name

  

Address

Comptroller of the Currency

United States Department of the Treasury

   Washington, D.C. 20219
Federal Reserve Bank    San Francisco, California 94105
Federal Deposit Insurance Corporation    Washington, D.C. 20429

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

Yes.

 

2. Affiliations with Obligor.

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

None.

 

3-15. Not applicable.

 

16. List of Exhibits.

Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).

 

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1. A copy of the articles of association of The Bank of New York Mellon Trust Company, N.A. (Exhibit 1 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 File No. 333-121948 and Exhibit 1 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 No. 333-152875).

 

2. A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 File No. 333-152875).

 

3. A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 File No. 333-152875).

 

4. A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 File No. 333-152875).

 

6. The consent of the trustee required by Section 321(b) of the Act.

 

7. A copy of the latest report of condition of the trustee published pursuant to law or to the requirements of its supervising or examining authority.


SIGNATURE

Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon Trust Company, N.A., a 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 8 day of July, 2013.

 

THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A.

By:   /s/ Linda Garcia
  Name:   Linda Garcia
  Title:   Vice President.

 

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EXHIBIT 6

CONSENT OF THE TRUSTEE

Pursuant to the requirements of Section 321 (b) of the Trust Indenture Act of 1939, and in connection with the proposed issue of Comstock Resources, Inc., The Bank of New York Mellon Trust Company, N.A. hereby consents that reports of examinations by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon request therefore.

 

THE BANK OF NEW YORK MELLON TRUST

COMPANY, N.A.

By:

  /s/ Linda Garcia
  Linda Garcia

Chicago, Illinois

July 8, 2013


EXHIBIT 7

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

of 400 South Hope Street, Suite 400, Los Angeles, CA 90071

At the close of business March 31, 2013, published in accordance with Federal regulatory authority instructions.

 

           Dollar amounts
in thousands
 

ASSETS

    

Cash and balances due from depository institutions:

    

Noninterest-bearing balances and currency and coin

     660   

Interest-bearing balances

     354   

Securities:

    

Held-to-maturity securities

     0   

Available-for-sale securities

     689,326   

Federal funds sold and securities purchased under agreements to resell:

    

Federal funds sold

     76,200   

Securities purchased under agreements to resell

     0   

Loans and lease financing receivables:

    

Loans and leases held for sale

     0   

Loans and leases, net of unearned income

  0   

LESS: Allowance for loan and lease losses

  0   

Loans and leases, net of unearned income and allowance

     0   

Trading assets

     0   

Premises and fixed assets (including capitalized leases)

     5,449   

Other real estate owned

     0   

Investments in unconsolidated subsidiaries and associated companies

     0   

Direct and indirect investments in real estate ventures

     0   

Intangible assets:

    

Goodwill

     856,313   

Other intangible assets

     152,015   

Other assets

     141,868   
    

 

 

 

Total assets

   $ 1,922,185   
    

 

 

 


LIABILITIES

     

Deposits:

     

In domestic offices

        536   

Noninterest-bearing

     536      

Interest-bearing

     0      

Not applicable

     

Federal funds purchased and securities sold under agreements to repurchase:

     

Federal funds purchased

        0   

Securities sold under agreements to repurchase

        0   

Trading liabilities

        0   

Other borrowed money:

     

(includes mortgage indebtedness and obligations under capitalized leases)

        0   

Not applicable

     

Not applicable

     

Subordinated notes and debentures

        0   

Other liabilities

        242,248   

Total liabilities

        242,784   

Not applicable

     

EQUITY CAPITAL

     

Perpetual preferred stock and related surplus

        0   

Common stock

        1,000   

Surplus (exclude all surplus related to preferred stock)

        1,121,615   

Not available

     

Retained earnings

        552,729   

Accumulated other comprehensive income

        4,057   

Other equity capital components

        0   

Not available

     

Total bank equity capital

        1,679,401   

Noncontrolling (minority) interests in consolidated subsidiaries

        0   

Total equity capital

        1,679,401   
     

 

 

 

Total liabilities and equity capital

        1,922,185   
     

 

 

 

I, Cherisse Waligura, CFO of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.

 

Cherisse Waligura      )   CFO

We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date 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.

 

Troy Kilpatrick, President      )  
Frank P. Sulzberger, Director      )   Directors (Trustees)
William D. Lindelof, Director      )