secwatch.observer — SEC 8-K summary
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Issuer:     Cooper-Standard Holdings Inc. (CPS)
CIK:        0001320461
Form:       8-K
Filed at:   2022-06-14T23:59:59+00:00
Accession:  0001320461-22-000094
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cooper-Standard retains Goldman Sachs to evaluate capital structure refinancing alternatives
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- Retained Goldman Sachs as financial advisor to analyze and evaluate potential alternatives for refinancing capital structure.
- Total liquidity of $395.6M as of March 31, 2022, including availability under amended senior ABL credit facility.
- Received $51M in cash tax refunds from IRS after Q1 2022, related to CARES Act NOL carrybacks.
- Expects current liquidity sufficient to support ongoing operations and strategic initiatives for the foreseeable future.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320461/000132046122000094/0001320461-22-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320461/000132046122000094/cps-20220614.htm
  HTML page:      https://secwatch.observer/filing/0001320461-22-000094

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