Exhibit 99.(d)(5)

 

 

 

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) o

 


 

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)

 

Karen R. Beard

U.S. Bank National Association

One Federal Street — 10th Floor

Boston, MA 02110

(651) 466-6308

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

 

New Mountain Finance Corporation

(Issuer with respect to the Securities)

 

New York

 

27-2978010

(State or other jurisdiction of incorporation or organization)

 

(I.R.S. Employer Identification No.)

 

787 Seventh Avenue — 48th Floor
New York, NY

 

10019

(Address of Principal Executive Offices)

 

(Zip Code)

 

Debt Securities

(Title of the Indenture Securities)

 

 

 



 

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, 2017 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 Boston, Commonwealth of Massachusetts on the 23rd of March, 2018.

 

 

By:

/s/ Karen R. Beard

 

 

Karen R. Beard

 

 

Vice President

 

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Exhibit 2

 

 

Office of the Comptroller of the Currency

 

Washington, DC 20219

 

CERTIFICATE OF CORPORATE EXISTENCE

 

I, Joseph Otting, 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 23, 2018, 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/ Joseph Otting

 

Comptroller of the Currency

 

 

 

 

 

 

 

4



 

Exhibit 3

 

 

Office of the Comptroller of the Currency

 

Washington, DC 20219

 

CERTIFICATION OF FIDUCIARY POWERS

 

I, Joseph Otting, 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 23, 2018, 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/ Joseph Otting

 

Comptroller of the Currency

 

 

 

 

 

 

 

5


 

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: March 23, 2018

 

 

 

 

 

 

 

 

 

By:

/s/ Karen R. Beard

 

 

Karen R. Beard

 

 

Vice President

 

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Exhibit 7

 

U.S. Bank National Association

Statement of Financial Condition

As of 12/31/2017

 

($000’s)

 

 

 

12/31/2017

 

Assets

 

 

 

Cash and Balances Due From Depository Institutions

 

$

19,469,911

 

Securities

 

111,520,538

 

Federal Funds

 

69,009

 

Loans & Lease Financing Receivables

 

279,502,730

 

Fixed Assets

 

4,583,971

 

Intangible Assets

 

12,895,144

 

Other Assets

 

27,984,526

 

Total Assets

 

$

456,025,829

 

 

 

 

 

Liabilities

 

 

 

Deposits

 

$

357,200,076

 

Fed Funds

 

926,018

 

Treasury Demand Notes

 

0

 

Trading Liabilities

 

1,102,222

 

Other Borrowed Money

 

31,004,180

 

Acceptances

 

0

 

Subordinated Notes and Debentures

 

3,300,000

 

Other Liabilities

 

14,979,001

 

Total Liabilities

 

$

408,511,497

 

 

 

 

 

Equity

 

 

 

Common and Preferred Stock

 

18,200

 

Surplus

 

14,266,915

 

Undivided Profits

 

32,432,873

 

Minority Interest in Subsidiaries

 

796,344

 

Total Equity Capital

 

$

47,514,332

 

 

 

 

 

Total Liabilities and Equity Capital

 

$

456,025,829

 

 

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