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Goodyear Tire to call $900 million 6½% notes due 2021
By Susanna Moon
Chicago, May 10 – Goodyear Tire & Rubber Co. said it plans to redeem its $900 million principal amount of 6½% senior notes due 2021.
Goodyear will fund the redemption using the proceeds of an offering of $900 million principal amount of 10-year senior notes, according to a company announcement.
The issuer is a tire company based in Akron, Ohio.
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