EX-25 5 y03346exv25.htm EX-25 exv25
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)
Raymond S. Haverstock
U.S. Bank National Association
60 Livingston Avenue
St. Paul, MN 55107
(651) 495-3909
(Name, address and telephone number of agent for service)
Revlon Consumer Products Corporation
(Exact name of obligor as specified in its charter)
     
Delaware   13-3662953
     
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)
 
 

 


 

TABLE OF ADDITIONAL REGISTRANTS
             
    State or Other    
    Jurisdiction of    
    Incorporation or   I.R.S. Employer
Names of Additional Registrants   Formation   Identification Number
Revlon, Inc.
  Delaware     13-3662955  
Almay, Inc.
  Delaware     13-3721920  
Charles of the Ritz Group Ltd.
  Delaware     22-2813207  
Charles Revson Inc.
  New York     13-2577534  
Cosmetics & More Inc.
  Delaware     22-3697113  
North America Revsale Inc.
  New York     13-1953730  
PPI Two Corporation
  Delaware     13-3298307  
Revlon Consumer Corp.
  Delaware     13-3745413  
Revlon Development Corp.
  Delaware     48-1283986  
Revlon Government Sales, Inc.
  Delaware     13-2893624  
Revlon International Corporation
  Delaware     13-6157771  
Revlon Real Estate Corporation
  Delaware     06-1519063  
RIROS Corporation
  New York     13-4030700  
RIROS Group Inc.
  Delaware     13-4034499  
     
237 Park Avenue    
New York, New York   10017
     
(Address of Principal Executive Offices)   (Zip Code)
93/4% Senior Secured Notes Due 2015
and Guarantees of 93/4% Senior Secured Notes Due 2015
(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, 2009 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 333-159463 filed on August 21, 2009.

3


 

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 21st of April, 2010
         
     
  By:   /s/ Raymond S. Haverstock    
    Raymond S. Haverstock   
    Vice President   
 
     
By:
  /s/ Jay Paulson
 
   
 
  Jay Paulson
Vice President

4


 

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 21st 2010
         
     
  By:   /s/ Raymond S. Haverstock    
    Raymond S. Haverstock   
    Vice President   
 
     
By:
  /s/ Jay Paulson
 
   
 
  Jay Paulson
Vice President

5


 

Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
Exhibit 7
As of 12/31/2009
($000’s)
         
    12/31/2009  
Assets
       
Cash and Balances Due From Depository Institutions
  $ 6,198,904  
Securities
    43,054,635  
Federal Funds
    3,431,853  
Loans & Lease Financing Receivables
    189,772,027  
Fixed Assets
    4,797,639  
Intangible Assets
    13,399,731  
Other Assets
    15,721,341  
 
     
Total Assets
  $ 276,376,130  
 
       
Liabilities
       
Deposits
  $ 194,253,182  
Fed Funds
    10,148,686  
Treasury Demand Notes
    0  
Trading Liabilities
    345,396  
Other Borrowed Money
    31,068,244  
Acceptances
    0  
Subordinated Notes and Debentures
    7,629,967  
Other Liabilities
    6,705,043  
 
     
Total Liabilities
  $ 250,150,518  
 
       
Equity
       
Minority Interest in Subsidiaries
  $ 1,629,447  
Common and Preferred Stock
    18,200  
Surplus
    12,642,020  
Undivided Profits
    11,935,945  
 
     
Total Equity Capital
  $ 26,225,612  
 
       
Total Liabilities and Equity Capital
  $ 276,376,130  
To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.
     
U.S. Bank National Association
 
   
By:
  /s/ Raymond S. Haverstock
 
   
 
  Vice President
Date: April 21st, 2010

6