NatWest Group (NWG) removes 1.642% notes from NYSE listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
NatWest Group plc notified removal of its 1.642% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2027 from listing and registration on the New York Stock Exchange. The Exchange certified compliance with Rule 12d2-2 and the issuer certified compliance with the Exchange's withdrawal procedures.
Positive
- None.
Negative
- None.
Key Figures
Coupon rate: 1.642%
Maturity year: 2027
Commission File Number: 001-10306
+1 more
4 metrics
Coupon rate
1.642%
Senior Callable Fixed-to-Fixed Reset Rate Notes due 2027
Maturity year
2027
Maturity of the described notes
Commission File Number
001-10306
Exchange filing identifier
Cover expiry stamp
March 31, 2018
Expires: stamp on the form copy
Key Terms
Form 25, 17 CFR 240.12d2-2, Senior Callable Fixed-to-Fixed Reset Rate Notes
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.
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange 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.
Senior Callable Fixed-to-Fixed Reset Rate Notes financial
"1.642% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2027"
FAQ
What did NatWest Group (NWG) remove from the NYSE?
NatWest Group removed its 1.642% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2027. The Form 25 filing shows the Exchange and issuer complied with 17 CFR 240.12d2-2 procedures for voluntary withdrawal and delisting.
Which regulatory rule governed the removal in the Form 25 filing?
The removal references 17 CFR 240.12d2-2. The filing states the Exchange complied with its rules under that section and the issuer complied with the Exchange's voluntary withdrawal requirements.
Who certified the delisting on behalf of the Exchange?
The New York Stock Exchange LLC certified the Form 25 filing. The notice was signed by Tyler Mastronardi, Analyst, Market Watch, attesting the Exchange had reasonable grounds to file the Form 25.
What is the security description affected by the Form 25?
The security is described as 1.642% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2027. The filing identifies that class of securities as the subject of the withdrawal from listing and registration.
Does the Form 25 filing state timing or effective date for removal?
The excerpt does not specify an effective delisting date. The filing certifies compliance with withdrawal procedures but does not include a concrete effective date in the provided text.