The New York Stock Exchange (NYSE) has announced that it will remove Procter & Gamble's 0.110% Notes due 2026 from its listing. This decision comes as the company has redeemed these securities, marking a significant event in the bond market.
This removal is set to take effect at the opening of business on November 17, 2026. The NYSE has notified the Securities and Exchange Commission (SEC) of this action, which follows the suspension of trading for these notes on November 6, 2026.
Background
The New York Stock Exchange LLC, known for its significant role in the financial markets, is a crucial platform for trading various securities. The exchange operates under the regulatory framework of the SEC and plays a vital role in maintaining market integrity.
What the Filing Says
The filing states, "The entire class of this security was redeemed or paid at maturity or retirement on November 06, 2026." This indicates that the notes have reached their maturity and have been settled accordingly.
Impact
This decision may affect investors holding Procter & Gamble's notes, as well as the company's standing in the bond market. The removal from the NYSE signifies the end of trading for these specific securities, which could influence investor strategies and market perceptions.
What's Next
The filing does not say what happens next.
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