BSM FULL POST-TRANSACTION PAYMENT ENABLEDBOND COMPLEXITY : MODERATEISIN: US382550BN08
GT 5.000% 15Jul2029 Corp (USD)
THE GOODYEAR TIRE & RUBBER COMPANY
Bid Price
-
Bid Yield to Maturity
-
Bid Yield to Call
-
Min. Investment (Nominal)
2,000
Bid Volume
-
Ask Price
-
Ask Yield to Maturity
-
Ask Yield to Call
-
Next Call Date
14 Apr 2029
Ask Volume
-
Credit Rating (Bond)
BB-
Non-Investment Grade
Seniority
Senior Unsecured
Investor Profile
High Yield Seeker
Chart
Created with Highcharts 9.3.2Chart context menuBid Yield to CallAsk Yield to CallBid Yield to MaturityAsk Yield to Maturity16. Sep18. Sep20. Sep22. Sep24. Sep26. Sep28. Sep30. Sep2. Oct4. Oct6. Oct8. Oct10. Oct12. Oct14. Oct77.588.59FSM Global
Bond Information
The Goodyear Tire & Rubber Company develops, distributes, and sells tires. The Company manufactures and markets rubber and rubberrelated chemicals and provides automotive repair services. Goodyear also retreads truck, aircraft, and heavy equipment tires. Goodyear Tire & Rubber Company serves customers in the United States.
Bond Issuer
The Goodyear Tire & Rubber Company
Guarantor
Multiple Guarantors
Announcement Date
29 Mar 2022
Issue Date
26 Apr 2022
Maturity Date / Next Call Date
14 Jul 2029 / 14 Apr 2029
Years to Maturity / Next Call
2.746 / 2.496
Issue/Reoffer Price
100.000
Issue/Reoffer Yield
5.000
Coupon Type
Fixed
Annual Coupon Rate (%)
5
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
Others
Reference Rate
-
ISIN
US382550BN08
CUSIP
382550BN0
Bond Currency
USD
Total Issue Size
USD 844,615,000
Minimum Investment Quantity (Nominal)
USD 2,000
Incremental with Min Investment Quantity (Nominal)
USD 1,000
Bond Registration
Wholesale
Bond Type
High Yield Corporate
Bond Sector
Consumer Discretionary
Bond Sub Sector
Auto Components
Issuer Credit Rating (S&P/ Fitch)
***/BB-
Bond Credit Rating (S&P/ Fitch)
***/BB-
Shariah Compliant
No
W-8BEN Declaration needed 
Yes
Bond Feature(s)
Upon a Change of Control Triggering Event, any Holder of Notes will have the right, subject to certain conditions specified in the Supplemental Indenture, to cause the Company to purchase all or any part of the Notes of such Holder at a purchase price equal to 101% of the principal amount of the Notes to be purchased plus accrued and unpaid interest to the date of purchase (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date that is on or prior to the date of purchase) as provided in, and subject to the terms of, the Supplemental Indenture.

“Change of Control Triggering Event” means the occurrence of both a Change of Control and a Rating Event.
At the Company’s option, the Company may redeem the Notes at any time, in whole or in part. If the Company elects to redeem the Notes prior to April 15, 2029, the Company shall pay a redemption price equal to the greater of the following amounts, plus, in each case, accrued and unpaid interest thereon to the redemption date:

1. 100% of the aggregate principal amount of the Notes to be redeemed and

2. the sum of the present values of the Remaining Scheduled Payments.

In determining the present values of the Remaining Scheduled Payments of Notes being redeemed, the Company shall discount such payments to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) using a discount rate equal to the Treasury Rate plus 50 basis points.
If the Company elects to redeem the Notes on or after April 15, 2029, the Company shall pay a redemption price equal to 100% of the aggregate principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon to the redemption date.
Special Mandatory Redemption

Upon the occurrence of a Special Mandatory Redemption Event, the Company shall redeem the Notes upon the terms and subject to the conditions set forth in Section 4.09 of the Supplemental Indenture. The Supplemental Indenture provides that the Company will cause the notice of redemption pursuant to Section 4.09 of the Supplemental Indenture to be sent to each Holder of the Notes, with a copy to the Trustee, within five Business Days after the occurrence of a Special Mandatory Redemption Event.
Price History
(Daily prices for the last 3 months), if you wish to view more than 3 months price history you may export the file
DATE
BID PRICE
ASK PRICE
ASK YIELD (CALL)
ASK YIELD (MATURITY)
15 Oct 202692.07692.5268.3938.095
14 Oct 202691.56792.0178.6328.314
13 Oct 202691.88592.3358.4708.166
12 Oct 202692.03792.4878.3948.097
11 Oct 202691.85392.5038.3838.087
08 Oct 202691.99192.6418.3178.028
07 Oct 202692.02192.6718.3008.012
06 Oct 202692.15392.8038.2237.944
05 Oct 202692.00892.6588.2888.003
04 Oct 202692.26192.9118.1667.892
Total of 66 entries
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FSM Global strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.
Credit Rating

There are no credit rating changes for this bond for the past 3 years.

Related Documents
pdfIcon
Prospectus Supplement
5.000% Senior Notes due 2029. Tenth Supplemental Indenture (To The Indenture Dated as of August 13, 2010) Dated as of May 18, 2021
Related Bonds
BOND NAME

ISSUER

MATURITY DATE / NEXT CALL DATE
ASK PRICE
ASK YTM / YTW
BOND CREDIT RATING (S&P/FITCH)
action
GT 4.875% 15Mar2027 Corp (USD)

The Goodyear Tire & Rubber Company

 14 Dec 2026
(Next Call Date)		 99.399 6.323% p.a. ***/BB-
TRANSACT
Total of 1 entries
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FSM's Fees
For more information, please refer to the Pricing Structure
For each Buy & Sell Order (Retail^, Wholesale, Bond Express)
Processing Fee
0.20% / Min. USD 1.88*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
9% (GST is applicable to Singaporean residents on FSM’s fee)
Order Processing Time
Buy Wholesale Bonds / SGS Bonds / Retail (All payment type)
Generally T+2 business days upon payment clearance
Sell Wholesale Bonds / SGS Bonds / Retail Bonds
Generally T+2 business days (Redemption proceeds will be credited on next day)
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Remark

  1. *Processing fee is subjected to a minimum of USD 1.88 (or in its equivalent currency).
  2. ^ For the purchase of the Retail Bonds, FSM Global will be absorbing SGX related Charges, till further notice.
  3. T = Transaction Date
    The Order processing time refers to the order completion and reflected in your account.
    ^The Purchase date will be based on T date

Platform Charge
  1. For the purpose of benefiting from lower rates based on higher investment holding tiers, the effective platform fee rate is based on the total combined holdings of all FSM accounts under main account holder (including beneficiary accounts), while Stock / ETF / Cash Account holdings are excluded from the combined holdings amount.
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Note
  1. All fees and commission quoted are exclusive of Goods and Services Tax (GST).
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Potential Income Explained
EDIT
Est. Payable Amount
USD 30.75
Years to Call
2 years 5+ months
Est. Total Income
USD 275.00
Yield to Call
-
Indicative Cash Flow
Nominal Value
USD 2,000.00
  • 2029
    Apr
    Coupon
    USD 25.00
    Early Redemption
    USD 2,000.00
  • Jan
    Coupon
    USD 50.00
  • 2028
    Jul
    Coupon
    USD 50.00
  • Jan
    Coupon
    USD 50.00
  • 2027
    Jul
    Coupon
    USD 50.00
Disclaimer: Cash flow calculations are computed based on current coupon rate till next possible call or maturity date. Figures reflected are indicative and subjected to changes in case of any corporate actions.
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