by Stephen Carter
Sep 21, 2021 6:12 AM ET
Goodyear Europe BV (GT) EUR300m 44A/Reg S sr notes due 08/15/28 (7y). NC3 (50%,25%,par). Ba3/BB-/BB- (stable/stable/stable). Gtd by The Goodyear Tire & Rubber Co and certain of its wholly-owned subsidiaries. Via BNP/ (B&D)/Barc/CA/DB sr jt books/BofA/Citi/JPM/MUFG/UniCredit/WFS jt books, BBVA, Commerz, SMBC Nikko as co-managers. List Lux. NY law. Investment grade style covenant package. IPT: 3.00%-3.25%.
Px talk: 2.75%-3.00%.
Did investor call at 1pm UKT / 8am NYT yesterday, then 1x1s. Books close at 2pm UKT today. Pricing today UK afternoon. UOP: redeem in full its EUR250m 3.75% sr notes due 12/15/23 (callable at 100), and GCP. Biz: the European sub of The Goodyear Tire & Rubber Co, a global tire and rubber manufacturer. HQ: Akron, OH.