EX-25.1 113 d603339dex251.htm EX-25.1 EX-25.1

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)

Raymond S. Haverstock

U.S. Bank National Association

60 Livingston Avenue

St. Paul, MN 55107

(651) 466-6299

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

 

 

Meredith Corporation*

(Issuer with respect to the Securities)

*see table of additional registrants

 

 

 

Iowa   42-0410230

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

 

1716 Locust Street

Des Moines, Iowa

  50309-3023
(Address of Principal Executive Offices)   (Zip Code)

 

 

6.875% Senior Notes Due 2026

Guarantees of 6.875% Senior Notes Due 2026

(Title of the Indenture Securities)

 

 

 


*Table of Additional Registrant Guarantors (1)(2)

 

Exact Name of Registrant

Guarantor as Specified in its

Charter

  

State or other
Jurisdiction of
Incorporation or
Organization

  

IRS Employer
Identification
Number

Allrecipes.com, Inc.    Washington    61-1809295
Eating Well, Inc.    Iowa    03-0322411
KPHO Broadcasting Corporation    Arizona    46-1419978
KPTV-KPDX Broadcasting Corporation    Oregon    46-1428762
KVVU Broadcasting Corporation    Nevada    88-0150559
Meredith Performance Marketing, LLC    Iowa    81-4439693
Meredith Shopper Marketing, LLC    Iowa    *
MyWedding, LLC    Colorado    27-0968081
Selectable Media Inc.    Delaware    01-0829100
TI Gotham Inc.    Delaware    13-3486363
BIZRATE INSIGHTS INC.    Delaware    81-3387655
Book-of-the-Month Club, Inc.    New York    13-2912773
Cozi Inc.    Delaware    46-1871123
Entertainment Weekly Inc.    Delaware    13-3531720
FanSided Inc.    Delaware    47-3949424
Health Media Ventures Inc.    Delaware    63-1276037
Hello Giggles, Inc.    Delaware    27-5305459
MNI Targeted Media Inc.    Delaware    06-1478215
NewSub Magazine Services LLC    Delaware    06-1535009
NSSI Holdings Inc.    Delaware    13-4118261
SI DIGITAL GAMES, INC.    Delaware    46-5427147
Southern Progress Corporation    Delaware    63-0169565
Synapse Direct, Inc.    Delaware    06-1588839
Synapse Group, Inc.    Delaware    06-1310649
Synapse Retail Ventures, Inc.    Delaware    27-0036946
Synapse Ventures, Inc.    Delaware    06-1587880
Synapseconnect, Inc.    Delaware    06-1592469
TI International Holdings Inc.    Delaware    13-4086900
TI Live Events Inc.    Delaware    27-4101204
TI Marketing Services Inc.    Delaware    26-1591865
TI Media Solutions Inc.    Delaware    13-1996792
TI MEXICO HOLDINGS INC.    Delaware    20-3139129
TI PAPERCO INC.    Delaware    13-3985403
TI Consumer Marketing, Inc.    Delaware    13-4003379
TI Customer Service, Inc.    Delaware    13-3388590
TI Distribution Services Inc.    Delaware    13-2791594
TI Inc. Affluent Media Group    New York    13-1426942
TI Inc. Books    Delaware    13-3997977
TI Inc. Lifestyle Group    Delaware    63-0515956
TI Inc. Play    Delaware    47-2495788
TI Inc. Retail    New York    13-0869490
TI Inc. Ventures    Delaware    13-3687855
TI Publishing Ventures, Inc.    Delaware    13-3353266
Viant Technology Holding Inc.    Delaware    13-4142023

TI Administrative Holdings LLC

   Delaware    13-4113302

TI Books Holdings LLC

   Delaware    13-4145911

TI Circulation Holdings LLC

   Delaware    13-4091846

 

2


TI Corporate Holdings LLC    Delaware    13-4145908
TI Distribution Holdings LLC    Delaware    13-4145913
TI Magazine Holdings LLC    Delaware    13-4135343
TI Sales Holdings LLC    Delaware    13-4145903
TI Direct Ventures LLC    Delaware    32-0045153

 

(1)

The address and telephone number for each of the additional registrant guarantors is 1716 Locust Street, Des Moines, Iowa 50309-3023, (515) 284-3000.

(2)

The name, address, including zip code, and telephone number, including area code, of agent for service for each of the Additional Registrants is John S. Zieser, Chief Development Officer / General Counsel and Secretary, Meredith Corporation, 1716 Locust Street, Des Moines, Iowa 50309-3023, (515) 284-3000.

*

Does not have employees; no employer identification number issued.

 

3


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, 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, 2018 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.

 

4


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 4th of December, 2018.

 

By:  

/s/ Raymond S. Haverstock

  Raymond S. Haverstock
  Vice President

 

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Exhibit 2

 

LOGO

 

6


Exhibit 3

 

LOGO

 

7


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 4th, 2018

 

By:  

/s/ Raymond S. Haverstock

  Raymond S. Haverstock
  Vice President

 

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Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 9/30/2018

($000’s)

 

     9/30/2018  

Assets

  

Cash and Balances Due From Depository Institutions

   $ 20,003,448  

Securities

     110,034,104  

Federal Funds

     31,434  

Loans & Lease Financing Receivables

     281,653,128  

Fixed Assets

     3,819,093  

Intangible Assets

     13,233,498  

Other Assets

     27,236,326  
  

 

 

 

Total Assets

   $ 456,011,031  

Liabilities

  

Deposits

   $ 342,906,860  

Fed Funds

     6,964,321  

Treasury Demand Notes

     0  

Trading Liabilities

     977,478  

Other Borrowed Money

     38,881,574  

Acceptances

     0  

Subordinated Notes and Debentures

     3,800,000  

Other Liabilities

     14,600,333  
  

 

 

 

Total Liabilities

   $ 408,130,566  

Equity

  

Common and Preferred Stock

     18,200  

Surplus

     14,266,915  

Undivided Profits

     32,793,053  

Minority Interest in Subsidiaries

     802,297  
  

 

 

 

Total Equity Capital

   $ 47,880,465  

Total Liabilities and Equity Capital

   $ 456,011,031  

 

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