debt
confidence high
sentiment positive
materiality 0.65
Goodyear calls $500M 9.500% Senior Notes for redemption on Feb 19, 2025
GOODYEAR TIRE & RUBBER CO /OH/
- Redemption in full of $500M 9.500% Senior Notes due 2025.
- Redemption date: February 19, 2025; price: 100% principal plus accrued interest.
- Company uses cash to retire high-coupon debt, reducing future interest expense.
- Notice of redemption issued February 4, 2025, per the notes' terms.