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ItalianoBond Goodrich Tire & Rubber 6.5% ( US382550BD26 ) in USD
| Issuer | Goodrich Tire & Rubber |
| Market price | 100 % ⇌ |
| Country |  United States
|
| ISIN code |
 US382550BD26 ( in USD )
|
| Interest rate | 6.5% per year ( payment 2 times a year) |
| Maturity | 01/03/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 1 000 USD |
| Total amount | 900 000 000 USD |
| Cusip | 382550BD2 |
| Standard & Poor's ( S&P ) rating | BB ( Non-investment grade speculative ) |
| Moody's rating | Ba3 ( Non-investment grade speculative ) |
| Detailed description |
Goodyear Tire & Rubber Company is a multinational tire manufacturing company headquartered in Akron, Ohio, that designs, manufactures, distributes, and markets tires for various vehicles, including automobiles, trucks, buses, and aircraft, alongside related products and services. This financial article details a specific debt instrument, identified by ISIN US382550BD26 and CUSIP 382550BD2, which was issued by Goodyear Tire & Rubber, a globally recognized leader in the tire manufacturing industry with a rich history of innovation and a significant market presence across consumer, commercial, and industrial segments. This bond originated from the United States, denominated in USD, and offered a fixed annual interest rate of 6.5%, distributed semi-annually. The total size of the original issuance was $900,000,000, with a minimum purchase amount set at $1,000 per investor. The bond reached its scheduled maturity date on March 1, 2021, at which point it was fully repaid to its holders, having traded at 100% of its face value on the market prior to its redemption. During its active period, the bond received credit ratings of 'BB' from Standard & Poor's (S&P) and 'Ba3' from Moody's, both indicative of a speculative-grade classification, suggesting a higher level of credit risk compared to investment-grade securities. |