New Issue-Goodyear Tire & Rubber Co sells $1.0 bln 7-yr sr nts

Newswire

May 6 (Reuters) - Goodyear Tire & Rubber Co , on Wednesday sold $1.0 billion of seven-year senior notes, said IFR, a Thomson Reuters service.

The size of the deal was increased from an originally planned $500 million.

JP Morgan, Citigroup, Deutsche Bank and Goldman Sachs were the joint bookrunning managers for the sale. BORROWER: GOODYEAR TIRE AND RUBBER COMPANY AMT $1.0 BLN* COUPON 10.50 PCT MATURITY 5/15/2016 TYPE SR NOTES ISS PRICE 95.864 FIRST PAY 11/15/2009 ...

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