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Prospect News home > News index > List of issuers G > Headlines for Goodyear Tire & Rubber Co. > News item |
Goodyear Tire to redeem $1 billion 5 1/8% senior notes due 2023
By Taylor Fox
New York, March 31 – Goodyear Tire & Rubber Co. plans to fully redeem its outstanding $1 billion 5 1/8% senior notes due 2023 at par plus interest, according to a news release.
The redemption will be funded using proceeds from its offering of $1 billion 10- and 12-year senior notes.
Akron, Ohio-based Goodyear is a tire manufacturer.
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