debt
confidence high
sentiment positive
materiality 0.50
Cooper-Standard amends ABL facility: +$20M commitments, maturity to 2031, lower margins
Cooper-Standard Holdings Inc.
- Commitments increased by $20M to $200M total under Amended ABL Facility.
- Maturity extended to September 3, 2031 for all lenders.
- SOFR/CORRA margins reduced to 150-200 bps; base/prime to 50-100 bps.
- Credit spread adjustments for SOFR and CORRA removed.
- Amendment dated September 3, 2026; filed as Exhibit 10.1.