BAT to delist 3.215% 2026 notes from NYSE
British American Tobacco p.l.c.
Rhea-AI Filing Summary
British American Tobacco p.l.c. (BTI) is having its 3.215% Notes due 2026 removed from listing and registration on the New York Stock Exchange. The exchange states that it has complied with its rules and the requirements of 17 CFR 240.12d2-2(b) for striking this class of securities.
The company is also reported as having complied with the exchange's rules and 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of this class of notes from listing and registration.
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Key Figures
Coupon Rate: 3.215%
Maturity Year: 2026
Exchange Act Section: Section 12(b)
+2 more
5 metrics
Coupon Rate
3.215%
Interest rate on British American Tobacco 3.215% Notes due 2026
Maturity Year
2026
Maturity of the notes being removed from NYSE listing and registration
Exchange Act Section
Section 12(b)
Removal from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934
Rule Cited
17 CFR 240.12d2-2(b)
Basis for the exchange striking the notes from listing and/or registration
Rule Cited
17 CFR 240.12d2-2(c)
Governs issuer’s voluntary withdrawal of the notes from listing and registration
Key Terms
Form 25, Section 12(b), 17 CFR 240.12d2-2(b), 17 CFR 240.12d2-2(c), +1 more
5 terms
Form 25 regulatory
"Form 25 Notification of Removal from Listing and/or Registration"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Section 12(b) regulatory
"removal from listing and/or registration under Section 12(b)"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
17 CFR 240.12d2-2(b) regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied"
17 CFR 240.12d2-2(c) regulatory
"the requirements of 17 CFR 240.12d2-2(c) governing the voluntary withdrawal"
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities"
FAQ
What security of BTI is being delisted in this Form 25 filing?
The filing covers 3.215% Notes due 2026 of British American Tobacco p.l.c. These debt securities are being removed from listing and registration on the New York Stock Exchange.
Which exchange is removing British American Tobacco (BTI) notes from listing?
The New York Stock Exchange LLC is removing British American Tobacco p.l.c.’s 3.215% Notes due 2026 from listing and registration, as stated in the Form 25 notification.
Under what rule are BTI’s 3.215% Notes due 2026 being removed from listing?
The removal is carried out under 17 CFR 240.12d2-2(b), with the exchange certifying it has complied with its rules to strike this class of securities from listing and/or registration.
Did British American Tobacco (BTI) participate in the withdrawal process for these notes?
Yes. The notification states that the issuer has complied with the exchange’s rules and the requirements of 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of this class of notes from listing and registration.
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