other_material
confidence high
sentiment negative
materiality 0.80
NYSE starts delisting QVC 6.375% (QVCD) and 6.250% (QVCC) notes; trading halted
QVC INC
- NYSE notified QVC on April 17, 2026 of delisting for 6.375% notes (QVCD) and 6.250% notes (QVCC) after Chapter 11 filing.
- Trading in both note series suspended immediately; company will not appeal the delisting determination.
- NYSE cited unsuitability under Section 802.01D due to uncertainty from Chapter 11 proceedings.
- Under prepackaged plan, these notes will be cancelled; QVC Group equity holders expected to receive no distributions.
- Company believes delisting will not affect business operations or Chapter 11 case process.