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) |__|
___________________________
THE BANK OF NEW YORK MELLON
(Exact name of trustee as specified in its charter)
New York | 13-5160382 |
One Wall Street, New York, N.Y. | 10286 |
___________________________
LIN TELEVISION CORPORATION
(Exact name of obligor as specified in its charter) (as Issuer)
Delaware | 13-3581627 |
MEDIA GENERAL, INC.
(Exact name of registrant as specified in its charter) (as Parent Guarantor)
Virginia | 46-5188184 |
333 East Franklin Street |
|
TABLE OF ADDITIONAL GUARANTOR REGISTRANTS
Exact Name of | State or Other | I.R.S. Employer |
Birmingham Broadcasting Co., Inc. | Delaware | 13-3404513 |
Birmingham Broadcasting (WVTM-TV), LLC | Delaware | 11-3691703 |
Blockdot, Inc. | Texas | 75-2929145 |
| Dedicated Media, Inc. | California | 72-1618923 |
Federated Media Publishing LLC | Delaware | 57-1221774 |
Indiana Broadcasting, LLC | Delaware | 05-0496718 |
KLFY, L.P. | Delaware | 51-0325249 |
KXAN LLC | Delaware | 13-2670260 |
KXTX Holdings LLC | Delaware | 05-0481599 |
LAT, Inc. | Delaware | 51-0325252 |
LIN Digital LLC | Delaware | 32-0416169 |
LIN Digital Media LLC | Delaware | 80-0943183 |
LIN License Company, LLC | Delaware | 05-0615511 |
LIN Mobile, LLC | Delaware | 46-1360248 |
LIN of Alabama, LLC | Delaware | 20-3347776 |
LIN of Colorado, LLC | Delaware | 20-3347854 |
LIN of New Mexico, LLC | Delaware | 20-3347886 |
LIN of Wisconsin, LLC | Delaware | 20-3347936 |
LIN Studios LLC | Delaware | 52-2368784 |
LIN Television of Texas, Inc. | Delaware | 05-0481602 |
LIN Television of Texas, L.P. | Delaware | 05-0481606 |
Media General Broadcasting, LLC | Delaware | 46-4040610 |
Media General Communications, Inc. | Delaware | 25-1763366 |
Media General Communications Holdings, LLC | Delaware | 20-5912325 |
Media General Operations, Inc. | Delaware | 54-1967824 |
MGDT, Inc. | Delaware | 26-2199409 |
MGOC, Inc. | Virginia | 54-0850433 |
NES II, Inc. | Virginia | 54-1184109 |
North Texas Broadcasting LLC | Delaware | 13-2740621 |
Primeland LLC | Delaware | 37-1023233 |
Professional Communications Systems, Inc. | Florida | 58-2499093 |
TVL Broadcasting LLC | Delaware | 75-2676358 |
TVL Broadcasting of Rhode Island, LLC | Delaware | 52-2368799 |
Virginia Paper Manufacturing Corp. | Georgia | 54-1130535 |
WATE, G.P. | Delaware | 51-0356837 |
WAVY Broadcasting, LLC | Delaware | 05-0496719 |
WDTN Broadcasting, LLC | Delaware | 52-2368795 |
WIVB Broadcasting, LLC | Delaware | 05-0496720 |
WKRN, G.P. | Delaware | 13-3577063 |
WHTM Acquisition LLC | Delaware | 47-1177997 |
WOOD License Co., LLC | Delaware | 05-0496721 |
WOOD Television LLC | Delaware | 06-1506282 |
WTNH Broadcasting LLC | Delaware | 05-0481600 |
WWLP Broadcasting, LLC | Delaware | 52-7115298 |
YBK, Inc. | Delaware | 51-0325250 |
YBT, Inc. | Delaware | 51-0356705 |
Young Broadcasting, LLC | Delaware | 13-3339681 |
Young Broadcasting of Albany, Inc. | Delaware | 14-1718758 |
Young Broadcasting of Davenport, Inc. | Delaware | 13-3858546 |
Young Broadcasting of Green Bay, Inc. | Delaware | 51-0356704 |
Young Broadcasting of Knoxville, Inc. | Delaware | 51-0356702 |
Young Broadcasting of Lansing, Inc. | Michigan | 38-2826434 |
Young Broadcasting of Louisiana, Inc. | Delaware | 13-3464633 |
Young Broadcasting of Nashville, LLC | Delaware | 62-1391810 |
Young Broadcasting of Rapid City, Inc. | Delaware | 13-3884784 |
Young Broadcasting of Richmond, Inc. | Delaware | 51-0356703 |
Young Broadcasting of San Francisco, Inc. | Delaware | 52-2242171 |
Young Broadcasting of Sioux Falls, Inc. | Delaware | 13-3884783 |
Young Broadcasting Shared Services, Inc. | Delaware | 77-0712261 |
C/o Media General, Inc. |
|
___________________________
5.875% Senior Notes due 2022
and Guarantees of 5.875% Senior Notes due 2022
(Title of the indenture securities)
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. |
Name | Address |
Superintendent of the Department of Financial Services of the State of New York | One State Street, New York, N.Y. 10004-1417, and Albany, N.Y. 12223 |
Federal Reserve Bank of New York | 33 Liberty Street, New York, N.Y. 10045 |
Federal Deposit Insurance Corporation | 550 17th Street, NW |
The Clearing House Association L.L.C. | 100 Broad Street |
(b) | Whether it is authorized to exercise corporate trust powers. |
Yes.
2. | Affiliations with Obligor. |
If the obligor is an affiliate of the trustee, describe eachsuch affiliation.
None.
16. | List of Exhibits. |
Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the "Act") and 17 C.F.R. 229.10(d).
1. | A copy of the Organization Certificate of The Bank of New York Mellon (formerly known as The Bank of New York, itself formerly Irving Trust Company) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672, Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637, Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121195 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152735). |
4. | A copy of the existing By-laws of the Trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-207042). |
6. | The consent of the Trustee required by Section 321(b) of the Act (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-188382). |
7. | A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority. |
SIGNATURE
Pursuant to the requirements of the Act, the Trustee, The Bank of New York Mellon, a corporation organized and existing 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 22nd day of October, 2015.
| THE BANK OF NEW YORK MELLON | |||
| By: |
| /s/ Francine Kincaid | |
| Name: Francine Kincaid | |||
| Title: Vice President | |||
Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business June 30, 2015, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.
ASSETS | Dollar amounts in thousands | |||
Cash and balances due from depository institutions: | ||||
Noninterest-bearing balances and currency and coin | 7,835,000 | |||
Interest-bearing balances | 115,236,000 | |||
Securities: | ||||
Held-to-maturity securities | 42,679,000 | |||
Available-for-sale securities | 76,620,000 | |||
Federal funds sold and securities purchased under agreements to resell: | ||||
Federal funds sold in domestic offices | 0 | |||
Securities purchased under agreements toresell | 14,211,000 | |||
Loans and lease financing receivables: | ||||
Loans and leases held for sale | 264,000 | |||
Loans and leases, net of unearned income | 35,026,000 | |||
LESS: Allowance for loan and lease losses | 162,000 | |||
Loans and leases, net of unearned income and allowance | 34,864,000 | |||
Trading assets | 5,134,000 | |||
Premises and fixed assets (including capitalized leases) | 1,065,000 | |||
Other real estate owned | 5,000 | |||
Investments in unconsolidated subsidiaries and associated companies | 533,000 | |||
Direct and indirect investments in real estate ventures | 0 | |||
Intangible assets: | ||||
Goodwill | 6,352,000 | |||
Other intangible assets | 1,097,000 | |||
Other assets | 14,309,000 | |||
Total assets | 320,204,000 | |||
LIABILITIES | ||||
Deposits: | ||||
In domestic offices | 155,532,000 | |||
Noninterest-bearing | 106,199,000 | |||
Interest-bearing | 49,333,000 | |||
In foreign offices, Edge and Agreement subsidiaries, and IBFs | 122,363,000 | |||
Noninterest-bearing | 7,932,000 | |||
Interest-bearing | 114,431,000 | |||
Federal funds purchased and securities sold under agreements to repurchase: | ||||
Federal funds purchased in domesticoffices | 68,000 | |||
Securities sold under agreements torepurchase | 1,380,000 | |||
Trading liabilities | 4,985,000 | |||
Other borrowed money: | 7,008,000 | |||
Not applicable | ||||
Not applicable | ||||
Subordinated notes and debentures | 765,000 | |||
Other liabilities | 6,825,000 | |||
Total liabilities | 298,926,000 | |||
EQUITY CAPITAL | ||||
Perpetual preferred stock and related surplus | 0 | |||
Common stock | 1,135,000 | |||
Surplus (exclude all surplus related to preferred stock) | 10,184,000 | |||
Retained earnings | 11,326,000 | |||
Accumulated other comprehensive income | -1,717,000 | |||
Other equity capital components | 0 | |||
Total bank equity capital | 20,928,000 | |||
Noncontrolling (minority) interests in consolidated subsidiaries | 350,000 | |||
Total equity capital | 21,278,000 | |||
Total liabilities and equity capital | 320,204,000 | |||
I, Thomas P. Gibbons, Chief Financial Officer of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.
Thomas P. Gibbons,
Chief Financial Officer
We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We 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 and is true and correct.
Gerald L. Hassell | Directors |