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
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. | ||||||
| ||||||
Comptroller of the Currency |
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Exhibit 3
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. | ||||||
| ||||||
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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