EX-25.1 6 d234300dex251.htm EX-25.1 EX-25.1

Exhibit 25.1

 

 

 

UNITED STATES

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)

Katherine Esber

U.S. Bank National Association

10 West Broad Street

Columbus, OH 43215

(614) 232-8019

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

 

 

The Scotts-Miracle Gro Company*

(Exact name of obligor as specified in its charter)

 

 

 

Ohio   31-1414921

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. Employer

Identification No.)

14111 Scottslawn Road, Marysville, Ohio   43041
(Address of principal executive offices)   (Zip Code)

 

 

6.000% Senior Notes due 2023

Guarantees of 6.000% Senior Notes due 2023

(Title of the indenture securities) 

 

 

 

 

* See Table of Additional Obligors on following page

TABLE OF ADDITIONAL OBLIGORS

The following direct and indirect wholly-owned subsidiaries of The Scotts Miracle-Gro Company are guarantors of The Scotts Miracle-Gro Company’s obligations under the 6.000% Senior Notes due 2023 and are co-obligors.

 

Exact name of co-registrant as specified in its charter*    State or other jurisdiction
of incorporation or
organization		   

I.R.S. Employer

Identification Number

  

GenSource, Inc.(1)

    Ohio      47-3691890   

Gutwein & Co., Inc.(1)

    Indiana      35-0864689   

Hawthorne Hydroponics LLC(1)

    Delaware      46-5720038   

HGCI, Inc.(1)

    Nevada      47-3426969   

Hyponex Corporation(1)

    Delaware      31-1254519   

Miracle-Gro Lawn Products, Inc.(1)

    New York      11-3186421   

OMS Investments, Inc.(2)

    Delaware      51-0357374   

Rod McLellan Company(1)

    California      94-1439564   

Sanford Scientific, Inc.(1)

    New York      16-1279959   

Scotts Manufacturing Company(1)

    Delaware      42-1508875   

Scotts Products Co.(1)

    Ohio      31-1269080   

Scotts Professional Products Co.(1)

    Ohio      31-1269066   

Scotts-Sierra Investments LLC(3)

    Delaware      51-0371209   

Scotts Temecula Operations, LLC(1)

    Delaware      33-0978312   

SLS Holdings, Inc.(1)

    Delaware      81-2077880   

SMG Growing Media, Inc.(1)

    Ohio      20-3544126   

SMGM LLC(1)

    Ohio      31-1414921   

Swiss Farms Products, Inc.(4)

    Delaware      88-0407223   

The Hawthorne Gardening Company(1)

    Delaware      46-5720038   

The Scotts Company LLC(1)

    Ohio      31-1414921   

 

(1) The address, including zip code, of the principal executive offices for this additional obligor is c/o The Scotts Miracle-Gro Company, 14111 Scottslawn Road, Marysville, Ohio 43041.
(2) The address, including zip code, of the principal executive offices for this additional obligor is 1105 North Market Street, Wilmington, Delaware 19899.
(3) The address, including zip code, of the principal executive offices for this additional obligor is 10250 Constellation Blvd., Suite 2800, Los Angeles, California 90067.
(4) The address, including zip code, of the principal executive offices for this additional obligor is 3993 Howard Hughes Parkway, Suite 250, Las Vegas, Nevada 89169.

 

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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. 20219

 

  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.

 

Exhibit
Number

   

Description

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, 2016 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 Columbus, State of Ohio on the 28th day of December, 2016.

 

U.S. BANK NATIONAL ASSOCIATION
By:  

/s/ Katherine Esber

  Katherine Esber
  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.

 

LOGO    IN TESTIMONY WHEREOF, today, July 3, 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.
  

 

/s/ Thomas J. Curry

   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.

 

LOGO    IN TESTIMONY WHEREOF, today, July 3, 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.
  

 

/s/ Thomas J. Curry

   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: December 28, 2016

 

U.S. BANK NATIONAL ASSOCIATION
By:  

/s/ Katherine Esber

  Katherine Esber
  Vice President

 

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Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 9/30/2016

($000’s)

 

     9/30/2016  

Assets

   

Cash and Balances Due From Depository Institutions

    $ 23,641,632   

Securities

      109,767,226   

Federal Funds

      38,946   

Loans & Lease Financing Receivables

      272,221,647   

Fixed Assets

      5,761,293   

Intangible Assets

      12,599,811   

Other Assets

      24,370,650   
  

 

 

  

Total Assets

    $ 448,401,205   

Liabilities

   

Deposits

    $ 345,417,164   

Fed Funds

      1,412,924   

Treasury Demand Notes

      0   

Trading Liabilities

      1,823,679   

Other Borrowed Money

      36,430,473   

Acceptances

      0   

Subordinated Notes and Debentures

      3,800,000   

Other Liabilities

      13,542,899   
  

 

 

  

Total Liabilities

    $ 402,427,139   

Equity

   

Common and Preferred Stock

      18,200   

Surplus

      14,266,915   

Undivided Profits

      30,877,711   

Minority Interest in Subsidiaries

      811,240   
  

 

 

  

Total Equity Capital

    $ 45,974,066   

Total Liabilities and Equity Capital

    $ 448,401,205   

To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.

 

U.S. BANK NATIONAL ASSOCIATION

By:

  

/s/ Katherine Esber

 

Katherine Esber

 

Vice President

Date: December 28, 2016

 

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