Goodyear has priced $1.05 billion in senior notes due 2032 with an 8.875% interest rate, aiming to repay $817 million of its senior notes maturing in 2027. The offering is expected to close on June 4, 2026, and any remaining proceeds will support general corporate purposes. This refinancing helps Goodyear manage its debt profile and potentially reduce interest costs. The company also plans to temporarily use proceeds to repay other credit facilities before the 2027 notes mature.
The Goodyear Blimp marked its 101st birthday with a unique event called BANGR at the HANGR, the first-ever music festival held inside an airship hangar in Akron, Ohio. The celebration featured a live DJ set, appearances by nostalgic mascots from famo...
Goodyear will provide advanced tires for Lunar Outpost's Pegasus Lunar Terrain Vehicle, supporting NASA's Artemis program with astronaut missions on the Moon from 2028. These tires are engineered for the harsh lunar South Pole environment, handling e...
Goodyear Tire & Rubber's stock has dropped nearly 48% over the past year, trading under $10 despite achieving its highest segment operating margin in over seven years at 8.5%. The company is benefiting from its Goodyear Forward transformation plan, w...
Goodyear Tire & Rubber Company announced a public offering of $750 million in 6-year senior notes. The proceeds will primarily be used to repay or redeem $700 million of existing 4.875% senior notes due in 2027. Any remaining funds will support gener...
