0001193125-15-362703.txt : 20151103 0001193125-15-362703.hdr.sgml : 20151103 20151102181636 ACCESSION NUMBER: 0001193125-15-362703 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20151103 DATE AS OF CHANGE: 20151102 GROUP MEMBERS: CELERON CORP GROUP MEMBERS: DIVESTED COMPANIES HOLDING CO GROUP MEMBERS: DIVESTED LITCHFIELD PARK PROPERTIES, INC. GROUP MEMBERS: GOODYEAR CANADA INC. GROUP MEMBERS: GOODYEAR EXPORT INC. GROUP MEMBERS: GOODYEAR FARMS, INC. GROUP MEMBERS: GOODYEAR INTERNATIONAL CORP GROUP MEMBERS: GOODYEAR WESTERN HEMISPHERE CORP GROUP MEMBERS: T&WA, INC. GROUP MEMBERS: WINGFOOT COMMERCIAL TIRE SYSTEMS, LLC GROUP MEMBERS: WINGFOOT MOLD LEASING CO SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GOODYEAR TIRE & RUBBER CO /OH/ CENTRAL INDEX KEY: 0000042582 STANDARD INDUSTRIAL CLASSIFICATION: TIRES AND INNER TUBES [3011] IRS NUMBER: 340253240 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-207723 FILM NUMBER: 151191793 BUSINESS ADDRESS: STREET 1: 1144 E MARKET ST CITY: AKRON STATE: OH ZIP: 44316 BUSINESS PHONE: 2167962121 MAIL ADDRESS: STREET 1: 1144 E MARKET ST CITY: AKRON STATE: OH ZIP: 44316 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GOODYEAR TIRE & RUBBER CO /OH/ CENTRAL INDEX KEY: 0000042582 STANDARD INDUSTRIAL CLASSIFICATION: TIRES AND INNER TUBES [3011] IRS NUMBER: 340253240 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1144 E MARKET ST CITY: AKRON STATE: OH ZIP: 44316 BUSINESS PHONE: 2167962121 MAIL ADDRESS: STREET 1: 1144 E MARKET ST CITY: AKRON STATE: OH ZIP: 44316 FWP 1 d152600dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-207723

November 2, 2015

Pricing Term Sheet

 

Issuer:    The Goodyear Tire & Rubber Company
Security:    5.125% Senior Notes due 2023
Maturity:    November 15, 2023
Face Amount:    $1,000,000,000   
Gross Proceeds:    $1,000,000,000   
Gross Spread:    1.25%   
Net Proceeds exclusive of accrued interest (after deducting underwriting discounts and commissions but before offering expenses):    $987,500,000   
Coupon:    5.125%   
Offering Price:    100.000% plus accrued interest, if any, from November 5, 2015
Yield:    5.125%   
Trade Date:    November 2, 2015   
Settlement Date:    November 5, 2015 (T+3)   
Interest Payment Dates:    May 15 and November 15, beginning May 15, 2016
Record Dates:    May 1 and November 1   
Optional Redemption:   

On or after:

 

November 15, 2018

November 15, 2019

November 15, 2020 and thereafter

   

Price:

 

102.563%

101.281%

100.000%

Make Whole:    Makewhole call @ T+50bps prior to November 15, 2018
Equity Clawback:    35% at 105.125% prior to November 15, 2018
Spread to Treasury:    + 311bps   
Reference Treasury:    UST 2.75% due November 15, 2023
Underwriters:   

Goldman, Sachs & Co.

Barclays Capital Inc.

BNP Paribas Securities Corp.

Citigroup Global Markets Inc.

Credit Agricole Securities (USA) Inc.

Deutsche Bank Securities Inc.

HSBC Securities (USA) Inc.

J.P. Morgan Securities LLC

Merrill Lynch, Pierce, Fenner & Smith Incorporated

Natixis Securities Americas LLC

UniCredit Capital Markets LLC

Wells Fargo Securities, LLC

CUSIP/ISIN:    382550 BE0 / US382550BE09   

The Issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Goldman, Sachs & Co. toll free at 1-866-471-2526.