The Atlanta Journal reports that Goodyear Tire & Rubber Co. said it plans to

refinance long-term debt to raise almost $650 million to pay off loans due next year. The announcement came a day after the world's largest tire maker saw its stock plummet on news that the Securities and Exchange Commission was formally investigating accounting problems.

[Spokesperson] Price said "The company disclosed the risks and news of the SEC probe on Wednesday to update investors and lenders so that everybody had current and full disclosure.''