Eli Lilly (LLY) removes 1.625% Notes Due 2026 from NYSE listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Eli Lilly & Co filed a Form 25 via the New York Stock Exchange to remove its 1.625% Notes Due 2026 from listing and registration. The Exchange certified compliance with 17 CFR 240.12d2-2 and the issuer confirmed voluntary withdrawal procedures. The notice is signed by Tyler Mastronardi of Market Watch.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-06351
Coupon and maturity: 1.625% Notes Due 2026
Cited rule: 17 CFR 240.12d2-2
+1 more
4 metrics
Commission File Number
001-06351
Form 25 cover data
Coupon and maturity
1.625% Notes Due 2026
Class of securities being removed
Cited rule
17 CFR 240.12d2-2
Exchange compliance citation
Form expiry stamp
March 31, 2018
document header expiry date
Key Terms
Form 25, withdrawal from listing, 17 CFR 240.12d2-2
3 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.
withdrawal from listing regulatory
"voluntary withdrawal of the class of securities from listing and registration"
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
FAQ
What does Eli Lilly's (LLY) Form 25 mean?
It notifies the Exchange and SEC that a class of securities will be removed from listing. The Form 25 here applies to the 1.625% Notes Due 2026 and states the Exchange and issuer complied with the cited rules for voluntary withdrawal.
Which security is being removed for LLY?
The affected class is the 1.625% Notes Due 2026. The filing identifies that note series by coupon and maturity and directs removal of that class from NYSE listing and registration.
Who certified the removal on behalf of the Exchange?
The New York Stock Exchange certified the Form 25 filing. The notice is signed by Tyler Mastronardi, Analyst, Market Watch, representing the Exchange's compliance with 17 CFR 240.12d2-2.
Is this a compulsory delisting or voluntary withdrawal for LLY?
The filing states the issuer complied with Exchange rules governing voluntary withdrawal. It cites sections of 17 CFR 240.12d2-2 and confirms the Exchange followed strike/withdrawal procedures.
Does the Form 25 disclose investor remedies or next steps?
The Form 25 itself reports removal/withdrawal procedures and compliance. It does not provide settlement terms or investor instructions; subsequent disclosures or notices would carry procedural details.