Babcock & Wilcox (BW) 6.50% Senior Notes due 2026 delisted from NYSE
Rhea-AI Filing Summary
Babcock & Wilcox Enterprises, Inc. is having its 6.50% Senior Notes due 2026 removed from listing and/or registration on the New York Stock Exchange. The exchange certifies that it has complied with its rules and the applicable provisions of Section 12(b) of the Securities Exchange Act for filing this notification.
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Key Figures
Coupon rate: 6.50%
Maturity year: 2026
Exchange Act section: Section 12(b)
3 metrics
Coupon rate
6.50%
Interest rate on Senior Notes due 2026
Maturity year
2026
Maturity of 6.50% Senior Notes
Exchange Act section
Section 12(b)
Removal from listing and/or registration basis
Key Terms
Form 25, Section 12(b), 6.50% Senior Notes due 2026, 17 CFR 240.12d2-2(b), +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.
6.50% Senior Notes due 2026 financial
"6.50% Senior Notes due 2026 (Description of class of securities)"
17 CFR 240.12d2-2(b) regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied"
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities"
FAQ
What did Babcock & Wilcox Enterprises (BW) file regarding its debt securities?
Babcock & Wilcox Enterprises filed to remove its 6.50% Senior Notes due 2026 from listing and/or registration on the New York Stock Exchange, using a Form 25 notification under Section 12(b) of the Exchange Act.
Which securities of BW are affected by this NYSE removal?
The affected securities are Babcock & Wilcox Enterprises’ 6.50% Senior Notes due 2026. These notes are being removed from listing and/or registration on the New York Stock Exchange, as certified in the Form 25 filing.
Which exchange is involved in BW’s Form 25 filing?
The filing involves the New York Stock Exchange LLC, which certified that it met all requirements to file Form 25 to remove Babcock & Wilcox Enterprises’ 6.50% Senior Notes due 2026 from listing and/or registration under Section 12(b).
What regulations are cited in BW’s Form 25 for the removal of its notes?
The notification cites 17 CFR 240.12d2-2(b) and 17 CFR 240.12d2-2(c), indicating compliance by the exchange and issuer with rules governing striking a class of securities from listing and the voluntary withdrawal of listing and registration.
AI-generated analysis. How Rhea-AI works. Not financial advice.
