EX-25.1 4 tgi-ex251_62.htm EX-25.1 tgi-ex251_62.htm

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)

_______________________________________________________

 

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)

  

George J. Rayzis

U.S. Bank National Association

50 South 16th Street, Suite 2000

Philadelphia, PA 19102

(215) 761-9317

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

 

      Triumph Group, Inc.

                                                       (Issuer with respect to the Securities)

Delaware

51-0347963

(State or other jurisdiction of incorporation or organization)

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

 

 

 

899 Cassatt Road, Suite 210

Berwyn, Pennsylvania

 

19312

(Address of Principal Executive Offices)

(Zip Code)

 

Debt Securities

(Title of the Indenture Securities)

 

 

 

 


 


 

TABLE OF CO-REGISTRANTS 

The following direct and indirect subsidiaries of registrant may guarantee the debt securities and are co-registrants under this registration statement.

 

 

 

 

 

 

 

 

Exact Name of Registrant as Specified in its Charter

 

State of
Incorporation
or Organization

 

I.R.S. Employer
Identification
Number

 

Nu-Tech Brands, Inc.

 

Delaware

 

 

23-2990482

 

Triumph Brands, Inc.

 

Delaware

 

 

23-2974847

 

Triumph Group Acquisition Corp.

 

Delaware

 

 

23-2974848

 

Triumph Integrated Aircraft Interiors, Inc.

 

Delaware

 

 

20-8646648

 

Triumph Insulation Systems, LLC

 

Nevada

 

 

88-0351614

 

Triumph Accessory Services—Grand Prairie, Inc.

 

Delaware

 

 

20-8227096

 

Triumph Actuation Systems—Valencia, Inc.

 

Delaware

 

 

23-3087691

 

Triumph Actuation Systems, LLC

 

Delaware

 

 

51-0347968

 

Triumph Actuation Systems—Connecticut, LLC

 

Delaware

 

 

23-2985939

 

HT Parts, L.L.C.

 

Delaware

 

 

02-0593102

 

Triumph Structures—Kansas City, Inc.

 

Missouri

 

 

43-0996699

 

Triumph Aerospace Systems Group, LLC

 

Delaware

 

 

20-0701219

 

Triumph Aftermarket Services Group, LLC

 

Delaware

 

 

20-0701287

 

Triumph Airborne Structures, LLC

 

Arkansas

 

 

71-0781909

 

Triumph Aviations Inc.

 

Pennsylvania

 

 

23-3101288

 

Triumph Composite Systems, Inc.

 

Delaware

 

 

55-0803321

 

Triumph Controls, LLC

 

Delaware

 

 

23-2831481

 

Triumph Engineered Solutions, Inc.

 

Delaware

 

 

13-3869941

 

Triumph Engineering Services, Inc.

 

Delaware

 

 

23-3086299

 

Triumph Gear Systems, Inc.

 

Delaware

 

 

54-1840009

 

Triumph Gear Systems—Macomb, Inc.

 

Michigan

 

 

38-2180514

 

Triumph Group Acquisition Holdings, Inc.

 

Delaware

 

 

23-3075463

 

Triumph Thermal Systems, LLC

 

Delaware

 

 

05-0567797

 

Triumph Turbine Services, Inc.

 

Delaware

 

 

23-3072034

 

Triumph Structures—Wichita, Inc.

 

Delaware

 

 

20-4449110

 

Triumph Fabrications—Orangeburg, Inc. (f/k/a Triumph Fabrications—St. Louis, Inc.)

 

Illinois

 

 

37-1291831

 

VAC Industries, Inc.

 

Delaware

 

 

52-1784782

 

Triumph Aerostructures, LLC

 

Delaware

 

 

27-2570489

 

Triumph Aerostructures Holdings, LLC

 

Delaware

 

 

27-2891121

 

Triumph Engine Control Holdings, Inc.

 

Delaware

 

 

46-2717921

 

Triumph Engine Control Systems, LLC

 

Delaware

 

 

46-1826747

 

Triumph Investment Holdings, Inc.

 

Nevada

 

 

26-3094119

 

Triumph Actuation Systems—Yakima, LLC

 

Delaware

 

 

46-5718307

 

Triumph Aerostructures—Tulsa, LLC

 

Delaware

 

 

36-4797012

 

Triumph Thermal Systems—Maryland, Inc.

 

Delaware

 

 

52-1887708

 

The Triumph Group Operations, Inc.

 

Delaware

 

 

51-0347964

 

Triumph Instruments—Burbank, Inc.

 

Delaware

 

 

20-8646590

 

 


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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 THE 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, attached as Exhibit 2.

 

3.A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.

 

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 September 30, 2020 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 form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.

 

 

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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 Philadelphia, State of Pennsylvania on the 17th of December, 2020.

 

By:/s/ George J. Rayzis________George J. Rayzis

Vice President

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4

 


 

Exhibit 2

 

 

 

 

5

 


 

Exhibit 3

 

 

 

 


6

 


 

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: December 17, 2020

 

 

By:/s/ George J. Rayzis_________George J. Rayzis

Vice President

 

 

 


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Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 9/30/2020

 

($000’s)

 

9/30/2020  

Assets

Cash and Balances Due From $ 43,891,940

           Depository Institutions

Securities132,530,990

Federal Funds898

Loans & Lease Financing Receivables 307,196,612

Fixed Assets               7,598,340

Intangible Assets12,549,045

Other Assets   26,728,893

Total Assets    $530,496,718

 

Liabilities

Deposits$426,766,411

Fed Funds1,460,030

Treasury Demand Notes0

Trading Liabilities  859,917

Other Borrowed Money29,719,033

Acceptances0

Subordinated Notes and Debentures3,850,000

Other Liabilities14,732,819

Total Liabilities$477,388,210

 

Equity

      Common and Preferred Stock18,200

Surplus 14,266,915

Undivided Profits38,022,958

Minority Interest in Subsidiaries800,435

Total Equity Capital$53,108,508

 

Total Liabilities and Equity Capital$530,496,718

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