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Prospect News home > News index > List of issuers G > Headlines for Goodyear Tire & Rubber Co. > News item
Published on 5/13/2021 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch gives Goodyear notes BB-

Fitch Ratings said it gave BB-/RR4 ratings to the Goodyear Tire & Rubber Co.’s proposed issuance of $1.45 billion in senior unsecured notes.

Goodyear’s issuer and senior unsecured ratings are BB-.

GT intends to use proceeds to fund a portion of the cash consideration for its acquisition of Cooper Tire & Rubber Co., along with associated fees and expenses.

The outlook is negative.


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