Babcock & Wilcox (NYSE: BW) 8.125% 2026 notes removed from NYSE
Rhea-AI Filing Summary
Babcock & Wilcox Enterprises, Inc. has had its 8.125% Senior Notes due 2026 removed from listing and/or registration on the New York Stock Exchange. The NYSE filed a Form 25, stating it has complied with its own rules and the requirements of the Securities Exchange Act of 1934 for striking this class of securities from listing. The filing also notes that the issuer has complied with the exchange’s rules and the applicable SEC regulations governing voluntary withdrawal of this class of notes from listing and registration.
Positive
- None.
Negative
- None.
FAQ
What action involving Babcock & Wilcox (BW) is described in this Form 25?
The document records that Babcock & Wilcox Enterprises, Inc. has had its 8.125% Senior Notes due 2026 removed from listing and/or registration on the New York Stock Exchange LLC under Section 12(b) of the Securities Exchange Act of 1934.
Which Babcock & Wilcox security is affected by this NYSE delisting?
The filing concerns Babcock & Wilcox’s 8.125% Senior Notes due 2026, which are the specific class of securities being removed from listing and/or registration.
Which exchange was listing Babcock & Wilcox’s 8.125% Senior Notes due 2026?
The notes were listed on the New York Stock Exchange LLC, which is identified as the exchange where the security was listed and that submitted the Form 25.
What regulations are cited for removing Babcock & Wilcox’s notes from the NYSE?
The action cites Section 12(b) of the Securities Exchange Act of 1934 and SEC rules including 17 CFR 240.12d2-2(a)(1)-(4), as well as subsections 12d2-2(b) and 12d2-2(c) relating to striking a class from listing and voluntary withdrawal.
Who certified the Form 25 for the Babcock & Wilcox notes delisting?
The Form 25 is certified on behalf of the New York Stock Exchange LLC by Anthony Sozzi, identified as an Analyst, Market Watch, as a duly authorized person for the exchange.
What does the NYSE state about its compliance in delisting Babcock & Wilcox’s notes?
The NYSE states that it has reasonable grounds to believe it meets all requirements for filing Form 25 and that it has complied with its rules to strike this class of securities from listing and/or withdraw registration.