NY -- Standard&Poor's CreditWire 4/3/96 -- Standard&Poor's today has assigned its preliminary triple-`B' rating to Goodyear Tire&Rubber Co.'s $500 million Rule 415 shelf registration. The rating reflects Goodyear's solid business position, improving financial profile, and moderate financial policies. Goodyear is one of the three largest tire manufacturers worldwide (North America's largest) and a leading manufacturer of automotive belts and hoses. For the past several years, the company has generated record sales due to strong North American automotive demand, increased demand elsewhere, and improved market penetration. A broad, well established distribution network and strong product-development expertise have let Goodyear hold its position in North America and expand its international presence. With market maturity in North
