Goodyear extends first lien revolver maturity to 2030; terms largely unchanged

GOODYEAR TIRE & RUBBER CO /OH/

Maturity extended from 2026 to 2030; $2.75B facility with SOFR+125bps base rate.
Covenants substantially unchanged; borrowing base includes receivables, inventory, trademarks, equipment, cash.
Liquidity-based pricing grid: rate steps to SOFR+150bps if available cash+availability <25% of commitments.
JPMorgan remains administrative agent; facility guaranteed by U.S. and Canadian subsidiaries.
Company may request up to $250M increase with lender consent.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.