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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 3/31/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

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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