EX-25.2 8 d479129dex252.htm FORM T-1 - SUBORDINATED INDENTURE Form T-1 - Subordinated Indenture

Exhibit 25.2

CONFORMED COPY

 

 

 

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)

 

 

HSBC Bank USA, National Association

(Exact name of trustee as specified in its charter)

 

 

 

N/A   20-1177241

(Jurisdiction of incorporation or

organization if not a U.S. national bank)

 

(I.R.S. Employer

Identification No.)

1800 Tyson’s Boulevard, Ste 50

McLean, VA

  22102
(Address of principal executive offices)   (Zip Code)

Thomas Mackay, SVP

HSBC Bank USA, National Association

452 Fifth Avenue

New York, New York 10018-2706

Tel: (212) 525-1552

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

 

 

Stanley Black & Decker, Inc.

(Exact name of obligor as specified in its charter)

 

 

 

Connecticut   06-0548860

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

1000 Stanley Drive

New Britain, Connecticut

  06053
(Address of principal executive offices)   (Zip Code)

 

 

 


Debt Securities

(Title of Indenture Securities)

General

Item 1. General Information.

Furnish the following information as to the trustee:

(a) Name and address of each examining or supervisory authority to which it is subject.

Comptroller of the Currency, New York, NY.

Federal Deposit Insurance Corporation, Washington, D.C.

Board of Governors of the Federal Reserve System, 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. Not Applicable


Item 16. List of Exhibits

Exhibit

 

T1A(i)

     (1   Copy of the Articles of Association of HSBC Bank USA, National Association.

T1A(ii)

     (1   Certificate of the Comptroller of the Currency dated July 1, 2004 as to the authority of HSBC Bank USA, National Association to commence business.

T1A(iii)

     (2   Certificate of Fiduciary Powers dated August 18, 2004 for HSBC Bank USA, National Association

T1A(iv)

     (1   Copy of the existing By-Laws of HSBC Bank USA, National Association.

T1A(v)

     Not applicable.

T1A(vi)

     (2   Consent of HSBC Bank USA, National Association required by Section 321(b) of the Trust Indenture Act of 1939.

T1A(vii)

    

Copy of the latest report of condition of the trustee

(June 30, 2017), published pursuant to law or the requirement of its supervisory or examining authority.

T1A(viii)

     Not applicable.

T1A(ix)

     Not applicable.

 

(1) Exhibits previously filed with the Securities and Exchange Commission with Registration No. 333-118523 and incorporated herein by reference thereto.
(2) Exhibits previously filed with the Securities and Exchange Commission with Registration No. 333-125197 and incorporated herein by reference thereto.


SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, HSBC Bank USA, 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 New York and State of New York on the 25th day of October, 2017.

 

HSBC BANK USA, NATIONAL ASSOCIATION
By:   /s/ Fernando Acebedo
  Fernando Acebedo
  Vice President


Exhibit T1A (vii)

 

  Board of Governors of the Federal Reserve System        OMB Number: 7100-0036
  Federal Deposit Insurance Corporation        OMB Number: 3064-0052
  Office of the Comptroller of the Currency        OMB Number: 1557-0081
         Approval expires September 20, 2020   
Federal Financial Institutions Examination Council        Page 1 of 84   

 

 

 

Consolidated Reports of Condition and Income for

A Bank With Domestic and Foreign Offices—FFIEC 031

 

 

 

Report at the close of business June 30, 2017

 

  

  (20170630)

(RCON9999)

This report is required by law; 12 U.S.C. §324 (State member banks); 12 U.S.C. § 1817 (State nonmember banks); and 12 U.S.C. §161 (National banks); and 12 U.S.C. §1464 (Savings associations).

 

Unless the context indicates otherwise the term “bank” in this report form refers to both banks and savings associations.

 

   This report form is to be filed by banks with branches and consolidated subsidiaries in U.S. territories and possessions, Edge or Agreement subsidiaries, foreign branches, consolidated foreign subsidiaries, or International Banking Facilities.

 

 

NOTE: Each bank’s board of directors and senior management are responsible for establishing and maintaining an effective system of internal control, including controls over the Reports of Condition and Income. The Reports of Condition and Income are to be prepared in accordance with federal regulatory authority instructions. The Reports of Condition and Income must be signed by the Chief Financial Officer (CFO) of the reporting bank (or by the individual performing an equivalent function) and attested to by not less than two directors (trustees) for state nonmember banks and three directors for state member banks, national banks, and savings associations.

 

  

schedules) for this report date have been prepared in conformance with the Instructions issued by the appropriate Federal regulatory authority and are true and correct to the best of my knowledge and belief.

 

We, the undersigned directors (trustees), attest to the correctness of the Reports of Condition and Income (including the supporting schedules) for this report date and declare that the Reports of Condition and Income have been examined by us and to the best of our knowledge and belief have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true and correct.

I, the undersigned CFO (or equivalent) of the named bank attest that the Reports of Condition and income (including the supporting   

/s/ TBD

   Director (Trustee)

/s/ Mark Zaeske

  

/s/ Patrick Burke

Signature of Chief Financial Officer (or Equivalent)    Director (Trustee)
  

/s/ Rhydian Cox

8/4/2017

   Director (Trustee)
Date of Signature   

 

 

Submission of Reports

 

Each Bank must prepare its Reports of Condition and Income (Call Report) data by either:

 

(a)    Using computer software to prepare its Call Report and then submitting the report data directly to the FFIEC’s Central Data Repository (CDR), an internet-based system for data collection (https://cdr.ffiec.gov/cdr/), or

 

b)      Completing its Call Report in paper form and arranging with a software vendor or another party to convert the data into the electronic format that can be processed by the CDR. The software vendor or other party them must electronically submit the bank’s data file to the CDR.

 

For technical assistance with submissions to the CDR, please contact the CDR Help Desk by telephone at (888) CDR-3111, by fax at (703) 774-3946, or by e-mail at CDR.Help@ffiec.gov.

  

 

 

To fulfill the signature and attestation requirement of the Reports of Condition and Income for this report date, attach your bank’s completed signature page (or a photocopy or a computer generated version of this page) to the hard-copy record of the data file submitted to the CDR that your bank must place in its files.

 

The appearance of your bank’s hard-copy record of the submitted data file need not match exactly the appearance of the FFIEC’s sample report forms, but should show at least the caption of each Call Report item and the reported amount.

 

HSBC Bank USA, N.A.

  
   Legal Title of Bank (RSSD 9017)
  

McLean

   City (RSSD 9130)
  

VA                                                              22102

   State Abbreviation (RSSD 9200)     ZIP Code (RSSD 9220)
   Legal Entity Identifier (LEI)
   1IE8VN30JCEQV1H4R804 (Report only if your institution has an LEI) (RECON 9224)

 

FDIC Certificate Number                  5        7        8        9        0     
   (RSSD 9050)   


All schedules are to be reported in thousands of dollars. Unless otherwise indicated, report the amount outstanding as of the last business day of the quarter.    

Schedule RC – Balance Sheet    

 

            Dollar amount in
thousands
 

Cash and balances due from depository institutions:

     

a. Noninterest-bearing balances and currency and coin

        991,771  

b. Interest-bearing balances

        30,092,951  

Securities

     

a. Held-to-maturity securities

        13,431,334  

b. Available-for-sale securities

        32,315,494  

Federal funds sold and securities purchased under agreements to resell:

     

a. Federal funds sold in domestic offices

        0  

b. Securities purchased under agreements to resell

        18,585,606  

Loans and lease financing receivables:

     

Loans and leases held for sale

        617,047  

Loans and leases held for investment

     66,810,824     

LESS: Allowance for loan and lease losses

     847,902     

Loans and leases held for investment, net of allowance

        65,962,922  

Trading assets

        20,340,760  

Premises and fixed assets

        185,422  

Other real estate owned

        20,313  

Investments in unconsolidated subsidiaries and associated companies

        30,753  

Direct and indirect investments in real estate ventures

        1  

Intangible assets: Goodwill

        1,611,655  

Intangible assets: Other intangible assets

        30,868  

Other assets

        7,715,491  

Total assets

        191,932,388  


Deposits:

     

In domestic offices

        128,153,520  

Noninterest-bearing

     26,522,038     

Interest-bearing

     101,631,482     

In foreign offices, Edge and Agreement subsidiaries, and IBFs

        9,557,800  

Noninterest-bearing

     804,208     

Interest-bearing

     8,753,592     

Federal funds purchased and securities sold under agreements to repurchase:

     

a. Federal funds purchased in domestic offices

        0  

b. Securities sold under agreements to repurchase

        7,557,935  

Trading Liabilities

        4,212,261  

Other borrowed money

        9,114,832  

Bank’s liability on acceptances

        NA  

Subordinated notes and debentures

        4,653,961  

Other liabilities

        4,636,960  
     

 

 

 

Total liabilities

        167,887,269  
     

 

 

 

Not applicable

     

Perpetual preferred stock and related surplus

        2,500,000  

Common Stock

        2,002  

Surplus

        18,479,996  

Retained earnings

        3,345,714  

Accumulated other comprehensive income

        282,792  

Other equity capital components

        0  

Total bank equity capital

        24,044,920  

Noncontrolling (minority) interests in consolidated subsidiaries

        199  

Total equity capital

        24,045,119  

Total liabilities and equity capital

        191,932,388  

Memoranda

 

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 2016    NR
2. Bank’s fiscal year-end date (report the date in MMDD format)    NR