{"schema_version":"secwatch.filing_event.v1","accession":"0001320461-22-000136","form_type":"8-K","ticker":"CPS","cik":"0001320461","company_name":"Cooper-Standard Holdings Inc.","filed_at":"2022-12-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.121311+00:00","generated_at":"2026-06-21T01:31:04.347673+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cooper-Standard launches $580M backstopped offering of 13.5% first lien notes; exchange for 5.625% notes","bullets":["Issuer offers $580M of 13.50% Cash Pay/PIK Toggle First Lien Notes due 2027 to eligible holders of existing 5.625% notes.","Existing $400M 5.625% Senior Notes due 2026 may be exchanged par-for-par for new 5.625%/10.625% PIK Toggle Third Lien Notes due 2027.","Backstop Parties holding ~62.7% of existing notes commit to purchase any unsubscribed New First Lien Notes.","Proceeds to prepay senior term loan, redeem existing 13.000% Senior Secured Notes due 2024, and pay fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001320461-22-000136","json":"https://secwatch.observer/filing/0001320461-22-000136.json","markdown":"https://secwatch.observer/filing/0001320461-22-000136.md","text":"https://secwatch.observer/filing/0001320461-22-000136.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1320461/000132046122000136/0001320461-22-000136-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1320461/000132046122000136/cps-20221215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T01:31:04.347673+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"be9954f83dd659311f86126928be866667ad23e2","claim":"Cooper-Standard Holdings Inc. entered into Backstop Agreement with certain holders (the “Backstop Parties”) (effective 2022-12-19).","evidence_excerpt":"On December 19, 2022, Cooper-Standard Automotive Inc. (“CSA”), a wholly-owned subsidiary of Cooper-Standard Holdings Inc. (the “Company”), entered into a backstop agreement (the “Backstop Agreement”) with certain holders (the “Backstop Parties”) that, as of such date, beneficially owned approximately 62.7% in aggregate outstanding principal amount of CSA’s existing 5.625% Senior Notes due 2026 (the “2026 Senior Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1320461/000132046122000136/0001320461-22-000136-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"certain holders (the “Backstop Parties”)"},{"label":"Effective","value":"2022-12-19"}],"fact_type":"material_agreement"},{"claim_id":"f393642333afe7d2fecc602bd15d1dafd2ab16d9","claim":"Cooper-Standard Holdings Inc. amended Amendment No. 3 (the “ABL Amendment”) with certain lenders, Bank of America, N.A., as agent, and other parties (effective 2022-12-19).","evidence_excerpt":"On December 19, 2022, certain subsidiaries of the Company, namely Holdings, CSA, Cooper-Standard Automotive Canada Limited (the “Canadian Borrower”), Cooper-Standard Automotive International Holdings B.V. (the “European Borrower” and, together with CSA and the Canadian Borrower, the “Borrowers”), and certain subsidiaries of the Company, entered into Amendment No. 3 (the “ABL Amendment”) to the Third Amended and Restated Loan Agreement (as amended, the “Amended Senior ABL Facility”) with certain lenders, Bank of America, N.A., as agent (the “Agent”), and other parties thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1320461/000132046122000136/0001320461-22-000136-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"certain lenders, Bank of America, N.A., as agent, and other parties"},{"label":"Effective","value":"2022-12-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}