Due to the COVID-19 outbreak and the uncertainty it has created within the automotive and tyre market, the Board of Directors of Nokian Tyres plc has decided to withdraw the company’s financial guidance for 2020 that it published on 4 February 2020. Due to the prevailing uncertainties, the Board is not in a position to give a new guidance.
The Goodyear Tire & Rubber Company has priced its offering of $900 million aggregate principal amount of 10-year senior notes. The notes will be senior unsecured obligations of the company. They will be offered to the public at a price of 100 per cent of the principal amount and will bear interest at a rate of 5.0 per cent per annum. Goodyear expects the offering to close on 13 May 2016, subject to customary closing conditions.