Exhibit 25.1
FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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) |__|
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THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
New York 13-5160382
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
One Wall Street, New York, N.Y. 10286
(Address of principal executive offices) (Zip code)
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WH INTERMEDIATE HOLDINGS LTD.
(Exact name of obligor as specified in its charter)
Cayman Islands 98-0379050
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
P.O. Box 309GT
Ungland House, South Church Street
Grand Cayman, Cayman Island
(Address of principal executive offices) (Zip code)
HERBALIFE INTERNATIONAL, INC.
(Exact name of obligor as specified in its charter)
Nevada 22-2695420
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE INTERNATIONAL DO BRASIL LTDA.
(Exact name of obligor as specified in its charter)
Brazil n/a
[also incorporated in Delaware] [52-1951822]
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE (UK) LIMITED
(Exact name of obligor as specified in its charter)
England n/a
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE EUROPE LIMITED
(Exact name of obligor as specified in its charter)
England n/a
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
-2-
HERBALIFE INTERNATIONAL FINLAND OY
(Exact name of obligor as specified in its charter)
Finland n/a
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE INTERNATIONAL OF ISRAEL (1990) LTD.
(Exact name of obligor as specified in its charter)
Israel n/a
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE OF JAPAN K.K.
(Exact name of obligor as specified in its charter)
Japan n/a
[also incorporated in Delaware] [52-1959645]
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE INTERNACIONAL DE MEXICO, S.A. DE C.V.
(Exact name of obligor as specified in its charter)
Mexico n/a
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
-3-
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE PRODUCTS DE MEXICO, S.A. DE C.V.
(Exact name of obligor as specified in its charter)
Mexico n/a
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE SWEDEN AKTIEBOLAG
(Exact name of obligor as specified in its charter)
Sweden n/a
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE CHINA, LLC
(Exact name of obligor as specified in its charter)
Delaware 95-4732025
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
-4-
HERBALIFE INTERNATIONAL OF AMERICA, INC.
(Exact name of obligor as specified in its charter)
California 95-3954565
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE INTERNATIONAL COMMUNICATIONS INC.
(Exact name of obligor as specified in its charter)
California 95-4520868
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE INTERNATIONAL DISTRIBUTION, INC.
(Exact name of obligor as specified in its charter)
California 95-4475193
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE INTERNATIONAL OF EUROPE, INC.
(Exact name of obligor as specified in its charter)
California 95-4459069
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
-5-
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE TAIWAN, INC.
(Exact name of obligor as specified in its charter)
California 95-4534645
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
HERBALIFE INTERNATIONAL (THAILAND) LTD.
(Exact name of obligor as specified in its charter)
California 95-4594371
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
WH LUXEMBOURG CM S.a.R.L.
(Exact name of obligor as specified in its charter)
Luxembourg n/a
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
-6-
WH LUXEMBOURG INTERMEDIATE HOLDINGS S.a.R.L.
(Exact name of obligor as specified in its charter)
Luxembourg n/a
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
WH LUXEMBOURG HOLDINGS S.a.R.L.
(Exact name of obligor as specified in its charter)
Luxembourg 98-0379866
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
c/o Herbalife International, Inc.
1800 Century Park East
Los Angeles, California 90067
(Address of principal executive offices) (Zip code)
11-3/4% Series B Senior Subordinated Notes due July 15, 2010 (Title of
the indenture securities)
-7-
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 Banks of the 2 Rector Street, New York,
State of New York N.Y. 10006, and Albany, N.Y.
12203
Federal Reserve Bank of New York 33 Liberty Plaza, New York,
N.Y. 10045
Federal Deposit Insurance Washington, D.C. 20429
Corporation
New York Clearing House New York, New York 10005
Association
(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 EACH SUCH
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 (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 and Exhibit 1 to Form T-1 filed with
Registration Statement No. 33-29637.)
4. A copy of the existing By-laws of the Trustee. (Exhibit
4 to Form T-1 filed with Registration Statement No.
33-31019.)
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. 33-44051.)
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, 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 13th day of November, 2002.
THE BANK OF NEW YORK
By: /S/ MARY LAGUIMINA
-------------------------------------
Name: MARY LAGUIMINA
Title: VICE PRESIDENT
-2-
EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK
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, 2002,
published in accordance with a call made by the Federal Reserve Bank of this
District pursuant to the provisions of the Federal Reserve Act.
Dollar Amounts
In Thousands
ASSETS
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin.. $ 2,850,111
Interest-bearing balances........................... 6,917,898
Securities:
Held-to-maturity securities......................... 1,201,319
Available-for-sale securities....................... 13,227,788
Federal funds sold in domestic offices................. 1,748,562
Securities purchased under agreements to
resell............................................. 808,241
Loans and lease financing receivables:
Loans and leases held for sale................ 974,505
Loans and leases, net of unearned
income...............36,544,957
LESS: Allowance for loan and
lease losses............578,710
Loans and leases, net of unearned
income and allowance.............................. 35,966,247
Trading Assets......................................... 6,292,280
Premises and fixed assets (including capitalized
leases)............................................. 860,071
Other real estate owned................................ 660
Investments in unconsolidated subsidiaries and
associated companies................................ 272,214
Customers' liability to this bank on acceptances
outstanding......................................... 467,259
Intangible assets......................................
Goodwill............................................ 1,804,922
Other intangible assets............................. 70,679
Other assets........................................... 4,639,158
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Total assets........................................... $78,101,914
LIABILITIES
Deposits:
In domestic offices................................. $29,456,619
Noninterest-bearing....................... 11,393,028
Interest-bearing.......................... 18,063,591
In foreign offices, Edge and Agreement
subsidiaries, and IBFs............................ 26,667,608
Noninterest-bearing.......................... 297,347
Interest-bearing.......................... 26,370,261
Federal funds purchased in domestic
offices........................................... 1,422,522
Securities sold under agreements to repurchase......... 466,965
Trading liabilities.................................... 2,946,403
Other borrowed money:
(includes mortgage indebtedness and obligations
under capitalized leases)....... 1,844,526
Bank's liability on acceptances executed and
outstanding......................................... 469,319
Subordinated notes and debentures...................... 1,840,000
Other liabilities...................................... 5,998,479
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Total liabilities...................................... $71,112,441
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Minority interest in consolidated
subsidiaries...................................... 500,154
EQUITY CAPITAL
Perpetual preferred stock and related
surplus........................................... 0
Common stock........................................... 1,135,284
Surplus................................................ 1,055,509
Retained earnings...................................... 4,244,963
Accumulated other comprehensive income......... (53,563)
Other equity capital components..................... 0
Total equity capital................................... 6,489,319
-----------
Total liabilities minority interest and equity capital. $78,101,914
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I, Thomas J. Mastro, Senior Vice President and Comptroller 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 J. Mastro,
Senior Vice President and Comptroller
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.
Thomas A. Renyi
Gerald L. Hassell Directors
Alan R. Griffith