Petrobras (NYSE: PBR) removes 7.375% Global Notes due Jan 17, 2027 from NYSE
Rhea-AI Filing Summary
PETROBRAS - PETROLEO BRASILEIRO notified the removal of the Guarantor of 7.375% Global Notes due January 17, 2027 from listing and registration on the New York Stock Exchange. The Exchange certified compliance with rules governing withdrawal under 17 CFR 240.12d2-2.
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Key Figures
Coupon: 7.375%
Maturity date: January 17, 2027
Commission File Number: 001-15106
+2 more
5 metrics
Coupon
7.375%
Guarantor of Global Notes
Maturity date
January 17, 2027
Due date of the Global Notes
Commission File Number
001-15106
Issuer identification on Form 25
Regulation cited
17 CFR 240.12d2-2
Procedure for withdrawal of registration/listing
Exchange
New York Stock Exchange LLC
Exchange where the securities were listed
Key Terms
Form 25, withdrawal of registration, Global 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.
withdrawal of registration regulatory
"voluntary withdrawal of the class of securities from listing and registration"
Global Notes financial
"Guarantor of 7.375% Global Notes Due January 17, 2027"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Petrobras (PBR) file regarding its 7.375% Global Notes?
It filed a Form 25 to remove the class from NYSE listing and registration. The filing identifies the securities as the Guarantor of 7.375% Global Notes due January 17, 2027 and states the Exchange complied with 17 CFR 240.12d2-2 procedures.
Which exchange and regulations are cited in Petrobras' Form 25?
The filing relates to the New York Stock Exchange LLC and cites 17 CFR 240.12d2-2 (subsections (a) and (b)/(c)). The Exchange certified it followed its rules to strike the class from listing and the issuer complied with withdrawal requirements.
Does the Form 25 state a reason for removing the notes from the NYSE?
The Form 25 does not state a specific business reason. It certifies procedural compliance with the Exchange's rules and 17 CFR 240.12d2-2 while identifying the security class being withdrawn from listing and registration.
What security details are listed in the notification for investors?
The notification lists the security as the Guarantor of 7.375% Global Notes due January 17, 2027 and shows the issuer name and Exchange. The filing references Commission File Number 001-15106 as an administrative identifier.