London Stock Exchange has issued a formal notice confirming the cancellation of Stadshypotek AB (Publ)'s 3.25% Covered Notes from admission to trading, effective 5 November 2026. The cancellation was requested by the company itself and took effect from the time and date of the notice. The securities in question were covered notes that matured on 3 November 2026, denominated in Swedish krona at SEK 1,000,000 per note. The delisting marks the conclusion of these instruments' lifecycle on the London market.

Key Points

  • London Stock Exchange Notice (reference: -11XV) covering Stadshypotek AB (Publ)
  • The 3.25% Covered Notes Due 03/11/2026 have been cancelled from admission to trading on the London Stock Exchange at the company's request
  • Securities carried ISIN XS0703602259 and were represented by bearer notes of SEK 1,000,000 each; maturity date was 3 November 2026
  • Investors holding or tracking Swedish covered bond instruments listed in London should note the instruments are no longer admitted to trading

Stadshypotek AB's 3.25% Covered Notes Reach Scheduled Maturity and Exit London Market

The cancellation of Stadshypotek AB (Publ)'s 3.25% Covered Notes follows the instruments reaching their scheduled maturity date of 3 November 2026. The London Stock Exchange notice, published on 5 November 2026, confirms the securities were removed from trading at the company's own request. The notes were identified by ISIN XS0703602259 and LSE security reference B6W4915, and were structured as bearer instruments with a denomination of SEK 1,000,000 each. The legal entity identifier for Stadshypotek AB (Publ) is recorded as 549300UOX05QGUJJ5707 in the exchange notice.

Covered Note Structure and Swedish Krona Denomination Reflect Stadshypotek's Mortgage Funding Model

Stadshypotek AB (Publ) is a Swedish mortgage institution that uses covered bonds as a core funding mechanism. Covered notes of this type are backed by pools of mortgage assets, providing bondholders with a dual claim on both the issuer and the underlying collateral. The instruments were denominated in Swedish kronor at SEK 1,000,000 per bearer note, reflecting the issuer's domestic funding base and the institutional nature of the securities. This structure is common among Scandinavian mortgage lenders seeking access to international capital markets, including the London-listed bond segment.

London Stock Exchange Cancellation Process Followed at Stadshypotek's Request

The formal cancellation was processed by the London Stock Exchange following a direct request from Stadshypotek AB (Publ), consistent with standard exchange procedures when listed debt securities reach maturity. Investors with queries regarding the cancellation are directed by the exchange to contact the LSE directly on +44 (0) 20 7797 4310. The announcement does not reference any early redemption, default, or extraordinary event; the cancellation appears entirely routine and consequent upon the notes' scheduled 3 November 2026 maturity date.