EX-25.1 5 d879831dex251.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)

 

 

MGM Resorts International *

(Issuer with respect to the Securities)

 

 

 

Delaware   88-0215232
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)

 

3600 Las Vegas Boulevard South

Las Vegas Nevada

  89109
(Address of Principal Executive Offices)   (Zip Code)

Debt Securities

(Title of the Indenture Securities)

 

 

 


*TABLE OF ADDITIONAL REGISTRANTS

 

Exact Name of Registrant as Specified in Its Charter*

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

350 Leasing Company I, LLC

   Nevada    26-0257649

350 Leasing Company II, LLC

   Nevada    26-0881385

450 Leasing Company I, LLC

   Nevada    80-0562797

550 Leasing Company I, LLC

   Nevada    88-0121916

550 Leasing Company II, LLC

   Nevada    27-2301518

AC Holding Corp.

   Nevada    88-0220212

AC Holding Corp. II

   Nevada    88-0220229

Arena Land Holdings, LLC

   Nevada    80-0935801

Aria Resort & Casino, LLC

   Nevada    20-5396350

Beau Rivage Resorts, Inc., dba Beau Rivage

   Mississippi    88-0340296

Bellagio, LLC, dba Bellagio

   Nevada    94-3373852

Bungalow, Inc.

   Mississippi    64-0410882

Circus Circus Casinos, Inc., dba Circus Circus Hotel and Casino-Las Vegas Circus Circus Hotel and Casino-Reno and Slots-A-Fun Casino

   Nevada    88-0191825

CityCenter Facilities Management, LLC

   Nevada    27-3246985

CityCenter Realty Corporation

   Nevada    20-5106648

Destron, Inc.

   Nevada    88-0234293

Diamond Gold, Inc.

   Nevada    88-0242688

Galleon, Inc.

   Nevada    88-0307225

Gold Strike Fuel Company, LLC dba Gold Strike Auto & Truck Plaza

   Nevada    88-0433152

Gold Strike L.V.

   Nevada    88-0230231

Grand Laundry, Inc.

   Nevada    88-0298834

Jean Development Company, LLC, dba Gold Strike Hotel and Gambling Hall

   Nevada    88-0223200

Jean Development North, LLC

   Nevada    88-0312945

Jean Development West, LLC

   Nevada    88-0241415

Jean Fuel Company West, LLC dba Nevada Landing Auto Plaza

   Nevada    88-0269160

Las Vegas Arena Management, LLC

   Nevada    47-1343574

LV Concrete Corp.

   Nevada    88-0337406

MAC, Corp.

   New Jersey    22-3424950

Mandalay Corp., dba Mandalay Bay Resort and Casino

   Nevada    88-0384693

Mandalay Employment, LLC

   Nevada    26-2196014

Mandalay Place

   Nevada    88-0383769

Mandalay Resort Group

   Nevada    88-0121916

Metropolitan Marketing, LLC

   Nevada    22-3756320

MGM Grand Condominiums, LLC

   Nevada    55-0806676

MGM Grand Condominiums II, LLC

   Nevada    20-2116101

MGM Grand Condominiums III, LLC

   Nevada    05-0627790

MGM Grand Detroit, Inc.

   Delaware    91-1829051

MGM Grand Hotel, LLC, dba MGM Grand Hotel & Casino

   Nevada    94-3373856

MGM Hospitality, LLC

   Nevada    20-8588249

MGM International, LLC

   Nevada    20-5581298

MGM Resorts Advertising, Inc.

   Nevada    88-0162200

MGM Resorts Aircraft Holdings, LLC

   Nevada    11-3739807

MGM Resorts Arena Holdings, LLC

   Nevada    80-0934685

MGM Resorts Aviation Corp.

   Nevada    88-0173596

MGM Resorts Corporate Services

   Nevada    88-0225681

MGM Resorts Development, LLC

   Nevada    88-0368826

MGM Resorts Festival Grounds, LLC

   Nevada    90-0989374

MGM Resorts Festival Grounds II, LLC

   Nevada    46-5544886

MGM Resorts International Design

   Nevada    88-0406202

MGM Resorts International Global Gaming Development, LLC

   Nevada    26-3463682

 

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Exact Name of Registrant as Specified in Its Charter*

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

MGM Resorts International Marketing, Inc.

   Nevada      86-0868640   

MGM Resorts International Operations, Inc.

   Nevada      88-0471660   

MGM Resorts Land Holdings, LLC

   Nevada      51-0649237   

MGM Resorts Macao, LLC

   Nevada      88-0512367   

MGM Resorts Management and Technical Services, LLC

   Nevada      20-4986873   

MGM Resorts Manufacturing Corp.

   Nevada      88-0195439   

MGM Resorts Mississippi, Inc., dba Gold Strike Casino Resort

   Mississippi      64-0831942   

MGM Resorts Online, LLC

   Nevada      45-3690532   

MGM Resorts Regional Operations, LLC

   Nevada      47-1729937   

MGM Resorts Retail

   Nevada      88-0385232   

MGM Resorts Sub 1, LLC

   Nevada      47-1743577   

MGM Resorts Sub 2, LLC

   Nevada      47-1756597   

MGM Resorts Sub 3, LLC

   Nevada      47-1777621   

MGM Resorts Sub 4, LLC

   Nevada      47-1783973   

MGM Resorts Sub 5, LLC

   Nevada      47-1795517   

MGM Springfield, LLC

   Massachusetts      45-4315066   

MH, Inc., dba Shadow Creek

   Nevada      88-0245162   

Mirage Leasing Corp.

   Nevada      88-0424843   

Mirage Laundry Services Corp.

   Nevada      88-0287118   

Mirage Resorts, Incorporated

   Nevada      88-0058016   

M.I.R. Travel

   Nevada      88-0276369   

MMNY Land Company, Inc.

   New York      33-1043606   

MRGS, LLC

   Nevada      88-0321295   

M.S.E. Investments, Incorporated (“MSE”)

   Nevada      88-0142077   

Nevada Landing Partnership

   Illinois      88-0311065   

New Castle Corp., dba Excalibur Hotel and Casino

   Nevada      88-0239831   

New PRMA Las Vegas, LLC

   Nevada      88-0430015   

New York-New York Hotel & Casino, LLC, dba New York-New York Hotel & Casino

   Nevada      88-0329896   

New York-New York Tower, LLC

   Nevada      84-1646058   

OE Pub, LLC

   Nevada      27-0940613   

Park District Holdings, LLC

   Nevada      80-0938347   

PRMA, LLC

   Nevada      88-0430017   

PRMA Land Development Company, dba Primm Valley Golf Club

   Nevada      88-0325842   

Project CC, LLC

   Nevada      84-1669056   

Railroad Pass Investment Group, LLC, dba Railroad Pass Hotel and Casino

   Nevada      88-0208350   

Ramparts, Inc., dba Luxor Hotel and Casino

   Nevada      88-0237030   

Signature Tower 1, LLC

   Nevada      20-5382807   

Signature Tower 2, LLC

   Nevada      26-3300673   

Signature Tower 3, LLC

   Nevada      26-3300756   

The Crystals at CityCenter Management, LLC

   Nevada      74-3242574   

The Mirage Casino-Hotel, dba The Mirage

   Nevada      88-0224157   

The Signature Condominiums, LLC

   Nevada      33-1129331   

Tower B, LLC

   Nevada      42-1747200   

Tower C, LLC

   Nevada      42-1747202   

Vendido, LLC

   Nevada      45-4205677   

Vdara Condo Hotel, LLC

   Nevada      20-8277206   

Victoria Partners, dba Monte Carlo Resort and Casino

   Nevada      88-0346764   

VidiAd

   Nevada      88-0428375   

Vintage Land Holdings, LLC

   Nevada      20-8920761   

Vintage Land Holdings II, LLC

   Nevada      26-0181763   

 

 

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* Each additional registrant is a direct or indirect subsidiary of MGM Resorts International. The address, including zip code, and telephone number, including area code, of each registrant’s principal executive offices is c/o MGM Resorts International, 3600 Las Vegas Boulevard South, Las Vegas, Nevada 89109, telephone (702) 693-7120. The name, address, and telephone number of the agent for service for each additional registrant is John M. McManus, Executive Vice President, General Counsel and Secretary, MGM Resorts International, 3600 Las Vegas Boulevard South, Las Vegas, Nevada 89109, telephone (702) 693-7120.

 

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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 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 December 31, 2014 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.

 

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** Incorporated by reference to Exhibit 25.1 to registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.

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 23rd of February 23, 2015.

 

By:

/s/ Raymond S. Haverstock

Raymond S. Haverstock
Vice President

 

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Exhibit 2

 

LOGO

    Office of the Comptroller of the Currency

Washington, DC 20219

CERTIFICATE OF CORPORATE EXISTENCE

I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:

1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate.

 

IN TESTIMONY WHEREOF, today, January 21, 2015, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.
LOGO

LOGO

 

Comptroller of the Currency

 

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Exhibit 3

 

LOGO

    Office of the Comptroller of the Currency

Washington, DC 20219

CERTIFICATION OF FIDUCIARY POWERS

I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:

1. The Office of the Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), was granted, under the hand and seal of the Comptroller, the right to act in all fiduciary capacities authorized under the provisions of the Act of Congress approved. September 28, 1962, 76 Stat 668,12 USC 92a, and that the authority so granted remains in full force and effect on the date of this certificate.

 

IN TESTIMONY WHEREOF, today, January 2l,2015,I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.
LOGO

LOGO

 

Comptroller of the Currency

 

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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: February 23, 2015

 

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 12/31/2014

($000’s)

 

     12/31/2014  

Assets

  

Cash and Balances Due From Depository Institutions

   $ 10,622,022   

Securities

     100,557,832   

Federal Funds

     79,987   

Loans & Lease Financing Receivables

     247,427,720   

Fixed Assets

     4,246,071   

Intangible Assets

     13,078,376   

Other Assets

     22,967,351   
  

 

 

 

Total Assets

$ 398,978,359   

Liabilities

Deposits

$ 294,158,985   

Fed Funds

  1,722,932   

Treasury Demand Notes

  0   

Trading Liabilities

  734,026   

Other Borrowed Money

  45,457,856   

Acceptances

  0   

Subordinated Notes and Debentures

  3,650,000   

Other Liabilities

  11,857,789   
  

 

 

 

Total Liabilities

$ 357,581,588   

Equity

Common and Preferred Stock

  18,200   

Surplus

  14,266,400   

Undivided Profits

  26,256,268   

Minority Interest in Subsidiaries

  855,903   
  

 

 

 

Total Equity Capital

$ 41,396,771   

Total Liabilities and Equity Capital

$ 398,978,359   

 

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