TEXT-S&P bulletin on Goodyear Tire & Rubber Co

Newswire

(The following statement was released by the ratings agency) Sept 25 - Standard & Poor's Ratings Services said today that its ratings on The Goodyear Tire & Rubber Co (BB-/Positive/--) are not immediately affected by the company's announcement today that it will draw down $600 million of its U.S. revolving credit facility because Goodyear's access to $360 million of cash invested with The Reserve Primary Fund has been delayed temporarily. Once the drawdown has been completed, we ...

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