EX-25 11 d920461dex25.htm EXHIBIT 25 Exhibit 25

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

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

Richard Prokosch

U.S. Bank National Association

60 Livingston Avenue

St. Paul, MN 55107-2292

(651) 466-6619

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

 

 

PENTAIR FINANCE S.A.

(Issuer with respect to the Securities)

 

 

 

Grand Duchy of Luxembourg   98-1072493
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)

26, boulevard Royal
L-2449

Luxembourg

 
(Address of Principal Executive Offices)   (Zip Code)

 

 

PENTAIR PLC

(Issuer with respect to the Securities)

 

 

 

Ireland   98-1141328
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)

P.O. Box 471, Sharp Street

Walkden, Manchester
United Kingdom

  M28 8BU
(Address of Principal Executive Offices)   (Zip Code)


 

PENTAIR INVESTMENTS SWITZERLAND GMBH

(Issuer with respect to the Securities)

 

 

 

Switzerland   98-1176782
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)

Freier Platz 10

8200

Schaffhausen, Switzerland

 
(Address of Principal Executive Offices)   (Zip Code)

 

 

Debt Securities

(Title of the Indenture Securities)

 

 

 

 

2


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.**

 

  3. A copy of the certificate of authority of the Trustee to exercise corporate trust powers.**

 

  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, 2014 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-3ASR, Registration Number 333-199995 filed on November 7, 2014.
*** Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-166527 filed on May 5, 2010.

 

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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 27th of April, 2015.

 

By:

/s/ Richard Prokosch

Richard Prokosch
Vice President


Exhibit 6

CONSENT

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.

Dated: April 27, 2015

 

By:

/s/ Richard Prokosch

Richard Prokosch
Vice President


Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 3/31/2015

($000’s)

 

     3/31/2015  

Assets

  

Cash and Balances Due From Depository Institutions

   $ 14,048,386   

Securities

     101,980,067   

Federal Funds

     48,958   

Loans & Lease Financing Receivables

     248,152,881   

Fixed Assets

     4,794,618   

Intangible Assets

     12,898,132   

Other Assets

     23,440,131   
  

 

 

 

Total Assets

$ 405,363,173   

Liabilities

Deposits

$ 297,444,787   

Fed Funds

  1,856,185   

Treasury Demand Notes

  0   

Trading Liabilities

  1,179,175   

Other Borrowed Money

  46,898,693   

Acceptances

  0   

Subordinated Notes and Debentures

  3,650,000   

Other Liabilities

  12,682,543   
  

 

 

 

Total Liabilities

$ 363,711,383   

Equity

Common and Preferred Stock

  18,200   

Surplus

  14,266,400   

Undivided Profits

  26,511,651   

Minority Interest in Subsidiaries

  855,539   
  

 

 

 

Total Equity Capital

$ 41,651,790   

Total Liabilities and Equity Capital

$ 405,363,173