Goodyear Europe B.V., established as a subsidiary of The Goodyear Tire & Rubber Company, is headquartered in Luxembourg and focuses on manufacturing and selling tires across Europe, the Middle East, and Africa. The company provides a wide range of products, including tires for passenger vehicles, trucks, and specialty vehicles, as well as related services aimed at enhancing vehicle performance and safety.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GT 2.75% 2028-08-15 EURGoodyear Europe B.V. | Germany | 2028-08-15 | 2.750 | 4.03 |
| GT 2.75% 2028-08-15 EURGoodyear Europe B.V. | Luxembourg | 2028-08-15 | 2.750 | 4.03 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Goodyear Europe B.V. has been actively issuing bonds since the early 2000s, with notable offerings including a €500 million bond issuance in 2015 which aimed to refinance existing debt and improve capital structure. Recently, the yields on Goodyear's bonds have been competitive, typically ranging between 3% to 5%, which is in line with the industry average. The company’s bonds feature callable options, providing flexibility in management of debt obligations. Furthermore, in 2023, Goodyear announced plans to issue additional bonds to fund sustainability initiatives, reflecting its commitment to corporate responsibility and innovation.