EX-25.1 7 f32244orexv25w1.htm EXHIBIT 25.1 exv25w1
 

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)
 
DEUTSCHE BANK TRUST COMPANY AMERICAS
(formerly BANKERS TRUST COMPANY)
(Exact name of trustee as specified in its charter)
     
NEW YORK
(Jurisdiction of Incorporation or
organization if not a U.S. national bank)
  13-4941247
(I.R.S. Employer
Identification no.)
 
   
60 WALL STREET
NEW YORK, NEW YORK

(Address of principal
executive offices)
 
10005
(Zip Code)
Deutsche Bank Trust Company Americas
Attention: Lynne Malina
Legal Department
60 Wall Street, 37th Floor
New York, New York 10005
(212) 250 — 0677

(Name, address and telephone number of agent for service)
 
Cadence Design Systems, Inc.
(Exact name of obligor as specified in its charter)
     
Delaware
(State or other jurisdiction
of incorporation or organization)
  77-0148231
(IRS Employer Identification No.)
Cadence Design Systems, Inc.
2655 Seely Avenue, Building 5
San Jose, California 95134
(408) 943-1234

(Address and Zip Code of Principal Executive Offices)
Copies To:
Stewart L. McDowell, Esq.
Gibson, Dunn & Crutcher, LLP
1 Montgomery Street
San Francisco, California 94104
(415) 393-8200
$250,000,000 1.375% Convertible Senior Notes Due 2011
$250,000,000 1.500% Convertible Senior Notes Due 2013

(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.
         
Name   Address    
 
       
Federal Reserve Bank (2nd District)
  New York, NY    
Federal Deposit Insurance Corporation
  Washington, D.C.    
New York State Banking Department
  Albany, NY    
  (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.
Item 3. -15. Not Applicable
Item 16. List of Exhibits.
     
Exhibit 1 -
  Restated Organization Certificate of Bankers Trust Company dated August 6, 1998, Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated September 25, 1998, Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated December 16, 1998, and Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated February 27, 2002 - Incorporated herein by reference to Exhibit 1 filed with Form T-1 Statement, Registration No. 333-141013.
 
   
Exhibit 2 -
  Certificate of Authority to commence business — Incorporated herein by reference to Exhibit 2 filed with Form T-1 Statement, Registration No. 33-21047.
 
   
Exhibit 3 -
  Authorization of the Trustee to exercise corporate trust powers — Incorporated herein by reference to Exhibit 2 filed with Form T-1 Statement, Registration No. 33-21047.
 
   
Exhibit 4 -
  Existing By-Laws of Bankers Trust Company, as amended on April 15, 2002 - Incorporated herein by reference to Exhibit 4 filed with Form T-1 Statement, Registration No. 333-141013.

 


 

     
Exhibit 5 -
  Not applicable.
 
   
Exhibit 6 -
  Consent of Bankers Trust Company required by Section 321(b) of the Act. — Incorporated herein by reference to Exhibit 4 filed with Form T-1 Statement, Registration No. 22-18864.
 
   
Exhibit 7 -
  The latest report of condition of Deutsche Bank Trust Company Americas dated as of March 31, 2007. Copy attached.
 
   
Exhibit 8 -
  Not Applicable.
 
   
Exhibit 9 -
  Not Applicable.

 


 

SIGNATURE
     Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Deutsche Bank Trust Company Americas, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of New York, and State of New York, on this 31st day of July, 2007.
         
  DEUTSCHE BANK TRUST COMPANY AMERICAS
 
 
  By:   /s/ Carol Ng   
       
       

 


 

 
Schedule RC — Balance Sheet
Dollar amounts in thousands
                 
1. Cash and balances due from depository institutions (from Schedule RC-A):
                    1.  
     
DEUTSCHE BANK TRUST COMPANY AMERICAS   FFIEC 031
RSSD-ID 214807   Quarter End Date 3/31/2007
Last Updated on 5/16/2007   10
Dollar amounts in thousands
                         
a. Noninterest-bearing balances and currency and coin
    RCFD0081       1,646.000       1.a.  
b. Interest-bearing balances
    RCFD0071       419.000       1.b.  
2. Securities:
                    2.  
a. Held-to-maturity securities (from Schedule RC-B, column A)
    RCFD1754       0       2.a.  
b. Available-for-sale securities (from Schedule RC-B, column D)
    RCFD1773       1,604,000       2.b.  
3. Federal funds sold and securities purchased under agreements to resell:
                    3.  
a. Federal funds sold in domestic offices
    RCON5987       278,000       3.a.  
b. Securities purchased under agreements to resell
    RCFDB969       770,000       3.b.  
4. Loans and lease financing receivable (from Schedule RC-C):
                    4.  
a. Loans and leases held for sale
    RCFD5369       2,848,000       4.a.  
b. Loans and leases, net of unearned income
    RCFDB528       10,411,000       4.b.  
c. Allowance for loan and lease losses
    RCFD3123       203,000       4.c.  
d. Loans and leases, net of unearned income and allowance
    RCFDB529       10,208,000       4.d.  
5. Trading assets (from Schedule RC-D)
    RCFD3545       12,755,000       5.  
6. Premises and fixed assets (including capitalized leases)
    RCFD2145       145,000       6.  
7. Other real estate owned (from Schedule RC-M)
    RCFD2150       0       7.  
8. Investments in unconsolidated subsidiaries and associated companies (from Schedule RC-M)
    RCFD2130       9,000       8.  
9. Not applicable
                    9.  
10. Intangible assets:
                    10.  
a. Goodwill
    RCFD3163       0       10.a.  
b. Other intangible assets (from Schedule RC-M)
    RCFD0426       64,000       10.b.  
11. Other assets (from Schedule RC-F)
    RCFD2160       6,787,000       11.  
12. Total assets
    RCFD2170       37,533,000       12.  
13. Deposits:
                    13.  
a. In domestic offices
    RCON2200       7,890,000       13.a.  
1. Noninterest-bearing
    RCON6631       2,363,000       13.a.1.  
2. Interest-bearing
    RCON6635       5,527,000       13.a.2.  
b. In foreign offices, Edge and Agreement subsidiaries, and IBFs (from Schedule RC-E, Part II)
    RCFN2200       8,641,000       13.b.  
1. Noninterest-bearing
    RCFN6631       1,584,000       13.b.1.  
2. Interest-bearing
    RCFN6635       7,057,000       13.b.2.  
14. Federal funds purchased and securities sold under agreements to repurchase:
                    14.  
a. Federal funds purchased in domestic offices
    RCON5993       8,224,000       14.a.  
b. Securities sold under agreements to repurchase
    RCFDB995       0       14.b.  
15. Trading liabilities (from Schedule RC-D)
    RCFD3548       226,000       15.  
16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) (from Schedule RC-M)
    RCFD3190       317,000       16.  
17. Not applicable
                    17.  
18. Not applicable
                    18.  
19. Subordinated notes and debentures
    RCFD3200       9,000       19.  
20. Other liabilities (from Schedule RC-G)
    RCFD2930       3,453,000       20.  
21. Total liabilities
    RCFD2948       28,760,000       21.  
22. Minority interest in consolidated subsidiaries
    RCFD3000       469,000       22.  
23. Perpetual preferred stock and related surplus
    RCFD3838       1,500,000       23.  
24. Common stock
    RCFD3230       2,127,000       24.  
25. Surplus (exclude all surplus related to preferred stock)
    RCFD3839       584,000       25.  
26. Not available
                    26.  
a. Retained earnings
    RCFD3532       4,106,000       26.a.  
b. Accumulated other comprehensive income
    RCFDB530       -13,000       26.b.  
27. Other equity capital components
    RCFDA130       0       27.  

 


 

 
     
DEUTSCHE BANK TRUST COMPANY AMERICAS
RSSD-ID 214807
Last Updated on 5/16/2007
  FFIEC 031
Quarter End Date 3/31/2007
11
Dollar amounts in thousands
                         
28. Total equity capital
    RCFD3210       8,304,000       28.  
29. Total liabilities, minority interest, and equity capital
    RCFD3300       37,533,000       29.  
1. Indicate in the box at the right the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date during 2006
    RCFD6724       2       M.1.