AKRON (Jan. 13, 2006) — Goodyear has completed its offer to exchange up to $1.05 billion in registered notes for previously issued unregistered notes with similar terms.
The company said it completed on Dec. 22 its offer to exchange up to $450 million of 11-percent senior secured notes due in 2011 and up to $200 million of senior secured floating rate notes due in 2011 for other notes due in 2011.
On Jan. 12, the tire maker also completed its offer to exchange up to $400 million of 9-percent senior notes due in 2015 for others due the same year.