Description

Trading suspended in PTCs of FIRST BUSINESS RECEIVABLES TRUST from December 24, 2025 due to redemption and interest payment with record date set for the same date.

Summary

BSE has announced the suspension of trading in Pass Through Certificates (PTCs) of FIRST BUSINESS RECEIVABLES TRUST effective December 24, 2025. The suspension is due to the company setting a record date for redemption of PTCs and payment of interest. Trading members are advised not to deal in the specified PTCs from the suspension date.

Key Points

  • Trading suspended for FBRT-8.59%-1-1-26-PTC (ISIN: INE0BTV15246, Code: 959187)
  • Record date: December 24, 2025
  • Purpose: Redemption of PTCs and payment of interest
  • No dealings permitted from December 24, 2025
  • Notice reference: DR-784/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification for debt securities.

Compliance Requirements

  • Trading members must not execute any trades in the specified PTCs from December 24, 2025
  • Members must ensure their systems and processes prevent dealing in FBRT-8.59%-1-1-26-PTC (Code: 959187)
  • Compliance with the trading suspension is mandatory for all exchange members

Important Dates

  • Notice Date: December 19, 2025
  • Record Date: December 24, 2025
  • Trading Suspension Date: December 24, 2025

Impact Assessment

The suspension impacts holders and potential traders of FIRST BUSINESS RECEIVABLES TRUST PTCs. Investors holding these securities will receive interest payment and principal redemption based on holdings as of the record date. The suspension prevents any further trading activity, ensuring clean settlement for the corporate action. Impact is limited to this specific debt security and does not affect broader market operations or equity securities.

Impact Justification

Trading suspension affects specific debt security holders. Limited to single PTC issue with defined redemption date. Impact confined to investors holding FBRT-8.59%-1-1-26-PTC.