Airless Tires Market Study Offering Insights on Latest Advancements, Trends & Analysis from 2020 to 2026 – KSU ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.
Global Green Tires Market was valued US$63 Bn in 2017 and is anticipated to reach US$144 Bn by 2026 at a CAGR of about 10.89 % during a forecast period.
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Goodyear Announces Offering Of Senior Notes In Connection With Planned Cooper Tire Acquisition
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AKRON, Ohio, May 13, 2021 /PRNewswire/ The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has commenced a private offering to eligible purchasers of $1.45 billion aggregate principal amount of 8- and 10-year senior notes. The notes will be senior unsecured obligations of the company. Issuance and sale of the notes is subject to market and other customary closing conditions.
Goodyear intends to use the net proceeds from this offering, together with cash on hand and borrowings under its revolving credit facility, to fund the cash portion of the consideration for the acquisition of Cooper Tire & Rubber Company and to pay fees and expenses in connection with such acquisition and the other transactions related thereto.