Private Junk Deal Tests Buyer Limits

O'Leary, Christopher
February 2004
Investment Dealers' Digest;2/23/2004, Vol. 70 Issue 8, p7
Trade Publication
Reports on an upcoming private junk bond deal for Goodyear Tire & Rubber Co. Test of the high-yield bond market's tolerance for offerings meant to stave off a troubled company's looming bank debt maturities; Total loan refinancing due in 2005; Downgrading of the company's credit rating.


Related Articles

  • Kraton Refi Deal Includes Bonds/Loans. Kellerhals, Richard // High Yield Report;1/31/2011, Vol. 22 Issue 5, p3 

    The article reports that 550 million U.S. dollars in high yield bonds and loans have been arranged by Morgan Stanley, Goldman Sachs, Credit Suisse and Bank of America Merrill Lynch for the refinancing of Kraton Polymers.

  • Junk market closed, Globalstar opts for bank debt.  // High Yield Report;06/28/99, Vol. 10 Issue 26, pN 

    Announces high yield satellite company Globalstar's arrangement of a multimillion financing package using a credit line from Bank of America instead of opting through the high yield bond market.

  • Three Issuers Driving By with $2.6B. Lewis, Jakema // High Yield Report;11/2/2015, p1 

    The article reports in the high yield bond offerings of telecommunication company T-Mobile USA, Goodyear Tire & Rubber Co. and shipbuilder Huntington Ingalls Industries. Topics discussed include the total amount of bond offered by the three issuers, the price guidelines for each bond and their...

  • The hidden dangers of debt. Greenberg, Herb // Fortune;7/21/2003, Vol. 148 Issue 2, p153 

    Examines how companies are taking advantage of low interest rates by refinancing and issuing convertible securities. Observation that low rates along are not a panacea; How companies such as Playtex Products, Goodyear Tire & Rubber and Eastman Kodak are handling their debt.

  • Can Cautious China Change the High Yield Game? Sheahan, Matthew // High Yield Report;6/18/2012, p15 

    The article reports on China's plan for a high yield bond market in June 2012. The country aims to have a new avenue of funding for companies at a time when banks across Asia are reining in lending. Several companies and underwriters have received approval to sell high yield bonds. China's move...

  • Goodyear: Playing the succession question. Kimelman, John // FW;6/21/94, Vol. 163 Issue 13, p16 

    Reports on the price decrease of Goodyear's stock. Market correction; Increase in prices for raw materials; Expected decline in new-car sales in 1994; Plans of company chief executive officer Stanley Gault to retire by the end of 1995; Company's earnings for the 1994 first quarter.

  • Goodyear expands Ontario tire plant.  // Automotive News;8/29/1994, Vol. 69 Issue 5567, Insight p10i 

    Reports on Goodyear Tire & Rubber Co.'s plans to invest for the expansion of rubber-mixing capacity of its North American tire plants. Expected date of rubber-mixing facility completion.

  • Goodyear to issue $900 mill. notes.  // Tire Business;8/16/2010, Vol. 28 Issue 10, p4 

    The article offers information on the offering worth 900 million dollars of Goodyear Tire & Rubber Co., which has been priced at the aggregate principal amount of 8.25 percent senior notes due by August 15, 2020.

  • Goodyear Tire & Rubber Co.  // Advertising Age;9/27/1995, Vol. 66 Issue 39, p50 

    Provides information on the advertising spending of Goodyear Tire & Rubber Co. in the United States for 1994. Sales and earnings worldwide and in the United States; Headquarters; Personnel, brands and agencies.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics