TEXT-Moody's cuts Goodyear Tire & Rubber snr unsec rtg

Newswire

(Full text of press release provided by Moody's Investors Service). MOODY'S ASSIGNS A (P)Ba2 RATING TO THE GOODYEAR TIRE & RUBBER COMPANY'S PROPOSED SECURED CREDIT FACILITIES; ASSIGNS A Ba3 SENIOR IMPLIED RATING AND LOWERS SENIOR UNSECURED DEBT RATINGS TO B1 Approximately $7.3 Billion of Debt Securities Affected. NEW YORK, March 20 - Moody's Investors Service has assigned a (P)Ba2 long-term debt rating to The Goodyear Tire & Rubber Company's (Goodyear) three proposed senior ...

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