Telefónica Emisiones (TEF) to delist multiple fixed rate senior notes from NYSE

Rhea-AI Filing Summary

Telefónica Emisiones, S.A.U., with Telefónica, S.A. as guarantor, has submitted a Form 25 to remove several series of its fixed rate senior notes and the related guarantees from listing and/or registration on the New York Stock Exchange. The affected securities are fixed rate senior notes due 2027 (TEF/27), 2036 (TEF/36), 2038 (TEF/38), 2047 (TEF/47), 2048 (TEF/48), and 2049 (TEF/49), together with Telefónica, S.A.’s guarantees in respect of those notes.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING

AND/OR REGISTRATION UNDER SECTION 12(b)

OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File No. 001-09531-01

        001-09531

Telefónica Emisiones, S.A.U. (Issuer); Telefónica, S.A. (Guarantor)

NEW YORK STOCK EXCHANGE LLC

(Exact name of Issuer as specified in its charter, and name of Exchange

where security is listed and/or registered)

Distrito Telefónica,

Ronda de la Comunicación s/n,

28050 Madrid, Spain

+34 91-482 87 00

(Address, including zip code, and telephone number, including area code, of Issuer’s principal executive offices)

Fixed Rate Senior Notes Due 2027 (TEF/27)

Fixed Rate Senior Notes Due 2036 (TEF/36)

Fixed Rate Senior Notes Due 2038 (TEF/38)

Fixed Rate Senior Notes Due 2047 (TEF/47)

Fixed Rate Senior Notes Due 2048 (TEF/48)

Fixed Rate Senior Notes Due 2049 (TEF/49)

and Telefónica, S.A.’s Guarantees in respect thereof

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

☐ 17 CFR 240.12d2-2(a)(1)

☐ 17 CFR 240.12d2-2(a)(2)

☐ 17 CFR 240.12d2-2(a)(3)

☐ 17 CFR 240.12d2-2(a)(4)

☐ Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange.⁽¹⁾

☒ Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with the rules of the Exchange and the requirements of 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements of the Securities Exchange Act of 1934, each of Telefónica Emisiones, S.A.U. (Issuer) and Telefónica, S.A. (Guarantor) certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

Date				Name				Title
January 8, 2026				/s/ Carlos David Maroto Sobrado				Joint and Several Director of Telefónica Emisiones, S.A.U. (administrador solidario)
January 8, 2026				/s/ Consuelo Barbé Capdevila				Director of Securities Market and Corporate Governance of Telefónica, S.A.

(1) Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

FAQ

What action did Telefónica Emisiones, S.A.U. (TEF) take in this Form 25 filing?

Telefónica Emisiones, S.A.U., with Telefónica, S.A. as guarantor, filed a Form 25 to remove certain fixed rate senior notes and the related guarantees from listing and/or registration on the New York Stock Exchange.

Which Telefónica Emisiones (TEF) securities are being removed from NYSE listing?

The filing covers fixed rate senior notes due 2027 (TEF/27), 2036 (TEF/36), 2038 (TEF/38), 2047 (TEF/47), 2048 (TEF/48), and 2049 (TEF/49), along with Telefónica, S.A.’s guarantees for those notes.

Which exchange is affected by Telefónica Emisiones, S.A.U. (TEF) Form 25?

The Form 25 relates to the removal of the specified fixed rate senior notes and associated guarantees from listing and/or registration on the New York Stock Exchange LLC.

Who signed the Telefónica Emisiones, S.A.U. (TEF) Form 25 notification?

The notification was signed by Carlos David Maroto Sobrado, Joint and Several Director of Telefónica Emisiones, S.A.U., and Consuelo Barbé Capdevila, Director of Securities Market and Corporate Governance of Telefónica, S.A.

What type of securities are involved in Telefónica Emisiones (TEF) Form 25?

The securities are fixed rate senior notes with various maturities (2027, 2036, 2038, 2047, 2048, 2049) and Telefónica, S.A.’s guarantees in respect of those notes.

Does the Form 25 mention Telefónica, S.A.’s role regarding these notes?

Yes. Telefónica, S.A. is identified as the guarantor of the fixed rate senior notes, and the filing covers its guarantees in respect of those notes.