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

 

o 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)

 

Sharon P. Karst

U.S. Bank National Association

10 W. Market Street, Suite 830

Indianapolis, IN 46204

(317) 264-2507

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

 

Hillenbrand, Inc.

(Issuer with respect to the Securities)

 

Indiana

 

26-1342272

(State or other jurisdiction of incorporation or organization)

 

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

 

One Batesville Boulevard
Batesville, Indiana

 

47006

(Address of Principal Executive Offices)

 

(Zip Code)

 

Debt Securities

(Title of the Indenture Securities)

 

 

 


 

TABLE OF ADDITIONAL REGISTRANTS

 

Exact Name of Additional Registrants

 

Address and Telephone
Number

 

Jurisdiction
of
Incorporation

 

I.R.S.
Employer
Identification
Number

Batesville Casket Company, Inc.

 

One Batesville Blvd., Batesville, IN 47006, Phone: 812-934-7500

 

Indiana

 

35-2057447

Batesville Manufacturing, Inc.

 

One Batesville Blvd., Batesville, IN 47006, Phone: 812-934-7500

 

Indiana

 

35-2057332

Batesville Services, Inc.

 

One Batesville Blvd., Batesville, IN 47006, Phone: 812-934-7500

 

Indiana

 

35-0166166

K-Tron Investment Co.

 

One Batesville Blvd., Batesville, IN 47006, Phone: 812-934-7500

 

Delaware

 

51-0330743

TerraSource Global Corporation

 

100 N. Broadway, Suite 1600, St. Louis, MO 63102, Phone: 855-483-7721

 

Delaware

 

23-2433746

Process Equipment Group, Inc.

 

590 Woodbury Glassboro Road, Sewell, NJ 08080, Phone: 856-589-0500

 

New Jersey

 

22-1759452

Rotex Global, LLC

 

1230 Knowlton Street, Cincinnati, OH 45223, Phone: 513-541-1236

 

Delaware

 

20-8587160

Coperion Corporation

 

590 Woodbury Glassboro Road, Sewell, NJ 08080, Phone: 201-327-6300

 

Delaware

 

36-2737051

Red Valve Company, Inc.

 

750 Holiday Drive, Suite 400, Pittsburgh PA 15220,Phone: 412-279-0044

 

Pennsylvania

 

25-1005395

Coperion K-Tron Pitman, Inc.

 

590 Woodbury Glassboro Road, Sewell, NJ 08080, Phone: 856-589-0500

 

Delaware

 

86-0349379

 


 

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 June 30, 2019 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.

 


 

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 Indianapolis, State of Indiana on the 5th of September, 2019.

 

 

By:

/s/ Sharon P. Karst

 

 

Sharon P. Karst

 

 

Vice President

 


 

Exhibit 2

 

 


 

Exhibit 3

 

 


 

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: September 5, 2019

 

 

 

 

By:

/s/ Sharon P. Karst

 

 

Sharon P. Karst

 

 

Vice President

 


 

Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 6/30/2019

 

($000’s)

 

 

 

6/30/2019

 

Assets

 

 

 

Cash and Balances Due From Depository Institutions

 

$

16,768,518

 

Securities

 

114,813,521

 

Federal Funds

 

3,737,619

 

Loans & Lease Financing Receivables

 

291,749,748

 

Fixed Assets

 

5,722,368

 

Intangible Assets

 

12,794,810

 

Other Assets

 

27,551,585

 

Total Assets

 

$

473,138,169

 

 

 

 

 

Liabilities

 

 

 

Deposits

 

$

364,531,324

 

Fed Funds

 

1,527,877

 

Treasury Demand Notes

 

0

 

Trading Liabilities

 

639,668

 

Other Borrowed Money

 

37,212,247

 

Acceptances

 

0

 

Subordinated Notes and Debentures

 

3,800,000

 

Other Liabilities

 

15,595,326

 

Total Liabilities

 

$

423,306,442

 

 

 

 

 

Equity

 

 

 

Common and Preferred Stock

 

18,200

 

Surplus

 

14,266,915

 

Undivided Profits

 

34,749,861

 

Minority Interest in Subsidiaries

 

796,751

 

Total Equity Capital

 

$

49,831,727

 

 

 

 

 

Total Liabilities and Equity Capital

 

$

473,138,169