EX-25.1 13 dex251.htm FORM T-1 Form T-1

CONFORMED COPY

 

Exhibit 25.1

 

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

(Exact name of trustee as specified in its charter)

 

New York   13-2774727

(Jurisdiction of incorporation or organization

if not a U.S. national bank)

   (I.R.S. Employer Identification No.)
452 Fifth Avenue, New York, NY   10018-2706

(212) 525-5600

(Address of principal executive offices)

   (Zip Code)

 

Warren L. Tischler, SVP

HSBC Bank USA

452 Fifth Avenue

New York, New York 10018-2706

Tel: (212) 525-1311

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

 

Elizabeth Arden Inc.*

(Exact name of obligor as specified in its charter)

 

Florida   59-0914138

(State or other jurisdiction of

incorporation or organization)

   (I.R.S. Employer Identification No.)

14100 N.W. 60th Avenue

Miami, Florida

  

33014

(305) 818-8000   (Zip Code)
(Address of principal executive offices)    

 

7¾% Senior Subordinated Notes due 2014

Guarantees of 7¾% Senior Subordinated Notes due 2014

(Title of Indenture Securities)

*TABLE OF ADDITIONAL REGISTRANTS

 

Name, Address and Telephone Number

    State or Other
Jurisdiction of
Incorporation
or Organization
    I.R.S. Employer
Identification
Number

DF Enterprises, Inc.

300 Delaware Avenue, 9th Floor

Wilmington, DE 19801

(302) 552-3200

    Delaware    51-0406399

Elizabeth Arden (Financing), Inc.

2711 Centerville Road, Suite 400

Wilmington, DE 19808

(302) 552-3105

    Delaware    80-0048222

Elizabeth Arden International Holding, Inc.

2711 Centerville Road, Suite 400

Wilmington, DE 19808

(302) 552-3105

    Delaware    54-2021921

Elizabeth Arden Travel Retail, Inc.

200 First Stanford Place

Stamford, CT 06902

(203) 363-5455

    Delaware    31-1815389

FD Management, Inc.

300 Delaware Avenue, 9th Floor

Wilmington, DE 19801

(302) 552-3200

    Delaware    51-0406398

RDEN Management, Inc.

2711 Centerville Road, Suite 400

Wilmington, DE 19808

(302) 552-3105

    Delaware    90-0119805

 

2

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.

 

State of New York Banking Department.

 

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

 

 

3

Item 16. List of Exhibits

 

Exhibit

 

T1A(i)   

(1)    Copy of the Organization Certificate of HSBC Bank USA.

     
T1A(ii)   

(1)    Certificate of the State of New York Banking Department dated December 31, 1993 as to the authority of HSBC Bank USA to commence business as amended effective on March 29, 1999.

     
T1A(iii)   

         Not applicable.

     
T1A(iv)   

(3)    Copy of the existing By-Laws of HSBC Bank USA as amended on April 11, 2002.

     
T1A(v)   

         Not applicable.

     
T1A(vi)   

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

     
T1A(vii)   

         Copy of the latest report of condition of the trustee (September 30, 2003), 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. 022-22429 and incorporated herein by reference thereto.

 

  (2) Exhibit previously filed with the Securities and Exchange Commission with Registration No. 33-53693 and incorporated herein by reference thereto.

 

  (3) Exhibit previously filed with the Securities and Exchange Commission with Registration No. 333-88532 and incorporated herein by reference thereto.

 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, HSBC Bank USA, a banking corporation and trust company organized 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 the 2nd day of March, 2004.

 

HSBC BANK USA

By:

  

/s/    Frank J. Godino        

   

Frank J. Godino

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

Federal Financial Institutions Examination Council    Expires April 30, 2006     
    

Please refer to page i,

Table of Contents, for

the required disclosure

of estimated burden.

    1

Consolidated Reports of Condition and Income for

A Bank With Domestic and Foreign Offices—FFIEC 031

 

Report at the close of business September 30, 2003

  

    (19980930)    

    (RCRI 9999)    

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).   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: The Reports of Condition and Income must be signed by an authorized officer and the Report of Condition must be attested to by not less than two directors (trustees) for State nonmember banks and three directors for State member and National Banks.

 

I,     Joseph R. Simpson, Controller

       Name and Title of Officer Authorized to Sign Report

 

Of the named bank do hereby declare that these Reports of Condition and Income (including the supporting schedules) 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 believe.

 

/s/    Joseph R. Simpson                

Signature of Officer Authorized to Sign Report

 

11/12/03

Date of Signature

  

The Reports of Condition and Income are to be prepared in accordance with Federal regulatory authority instructions.

 

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

 

 

 

/s/ Sal H. Alfieri

Director (Trustee)

 

/s/ Bernard J. Kennedy

Director (Trustee)

 

/s/ Martin Glynn

Director (Trustee)

 

 

Submission of Reports

Each Bank must prepare its Reports of Condition and Income either:

 

(a)    in electronic form and then file the computer data

         file directly with the banking agencies’ collection

         agent, Electronic Data System Corporation

         (EDS), by modem or computer diskette; or

 

(b)    in hard-copy (paper) form and arrange for another

         party to convert the paper report to automated

         for. That party (if other than EDS) must transmit

         the bank’s computer data file to EDS.

  

For electronic filing assistance, contact EDS Call report Services, 2150 N. Prospect Ave., Milwaukee, WI 53202, telephone (800) 255-1571.

 

To fulfill the signature and attestation requirement for the Reports of Condition and Income for this report date, attach this signature page to the hard-copy f the completed report that the bank places in its files.

 

FDIC Certificate Number

 

    0      0      5      8      9                                                                                                                                    
   
                                                                                                         
       (RCRI 9030)                                                                                                                                    

 

http://WWW.BANKING.US.HSBC.COM

Primary Internet Web Address of Bank (Home Page), if any (TEXT 4087)

(Example: www.examplebank.com)

  

HSBC Bank USA

Legal Title of Bank (TEXT 9010)

 

Buffalo

City (TEXT 9130)

 

N.Y.                                                                      14203

State Abbrev. (TEXT 9200)         ZIP Code (TEXT 9220)

 

Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency

 

REPORT OF CONDITION                                                  

Consolidated domestic subsidiaries

                    

HSBC Bank USA

                             of Buffalo                                                       
                                            

Name of Bank

                             City                                                       

in the state of New York, at the close of business September 30, 2003

 

ASSETS          
          Thousands of dollars

Cash and balances due from depository institutions:

              

a. Non-interest-bearing balances currency and coin

           $ 2,350,034

b. Interest-bearing balances

             1,160,995

  Held-to-maturity securities

             4,213,089

  Available-for-sale securities

             14,211,802

  Federal funds sold and securities purchased under agreements to resell:

              

a. Federal funds sold in domestic offices

             633,000

b. Securities purchased under agreements to resell

             3,994,723

Loans and lease financing receivables:

              

  Loans and leases held for sale

           $ 2,653,585

  Loans and leases net of unearned income

    $ 42,180,013       

  LESS: Allowance for loan and lease losses

      434,830       

  Loans and lease, net of unearned income, allowance, and reserve

           $ 41,745,183

  Trading assets

             11,522,909

  Premises and fixed assets

             673,337

Other real estate owned

             11,310

Investments in unconsolidated subsidiaries

             243,581

Customers’ liability to this bank on acceptances outstanding

             80,310

Intangible assets: Goodwill

             2,211,273

Intangible assets: Other intangible assets

             503,927

Other assets

             3,948,333

Total assets

             90,157,211

LIABILITIES

Deposits:

          

In domestic offices

         42,764,284

Non-interest-bearing

    6,078,506     

Interest-bearing

    36,685,778     

In foreign offices

         20,037,930

Non-interest-bearing

    417,850     

Interest-bearing

    19,620,080     

Federal funds purchased and securities sold under agreements to repurchase:

          

a. Federal funds purchased in domestic offices

         90,885

b. Securities sold under agreements to repurchase

         390,103

Trading Liabilities

         8,070,149

Other borrowed money

         5,316,355

Bank’s liability on acceptances

         80,130

Subordinated notes and debentures

         1,549,223

Other liabilities

         4,181,576

Total liabilities

         82,480,605

Minority Interests in consolidated Subsidiaries

         342
EQUITY CAPITAL

Perpetual preferred stock and related surplus

         —  

Common Stock

         205,000

Surplus

         6,420,202

Retained earnings

         893,079

Accumulated other comprehensive income

         157,983

Other equity capital components

         —  

Total equity capital

         7,676,264

Total liabilities, minority interests and equity capital

         90,157,211