Nov. 11 at 8:46 PM
$GT If you missed it:
Silver Point Capital, a global leader in credit investing, today announced that its Direct Lending business has served as a Joint Lead Arranger in the
$450 million secured term loan
financing supporting the acquisition of Goodyear Chemical, a leading producer of synthetic rubber, by Gemspring Capital Management.
Gemspring's acquisition of the Goodyear Chemical business from The Goodyear Tire & Rubber Company (NASDAQ: GT), which was first announced in May 2025, includes two Chemical facilities in Houston and Beaumont, Texas and a related research office in Akron, Ohio. Goodyear will retain its facilities in Niagara Falls, New York, and Bayport, Texas.