ERJ staff report (DS)
Akron -- Goodyear Europe has amendedd and re-stated its European revolving credit facility and closed an offering of â‚¬250 million in unsecured loan notes.
Changes to the European credit facility include the extension of the maturity to 2016 and the reduction of available commitments from â‚¬505 million to â‚¬400 million. Loans under the amended facility will bear interest at EURIBOR plus 250 basis points.
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Press release from Goodyear