Cooper-Standard expands ABL facility by $20 million to $200 million total commitments

Reuters2026/09/10 10:22

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Cooper-Standard subsidiaries amended their asset-based lending facility with Bank of America as agent on Sept. 3, 2026.
Commitments increased by USD 20 million to USD 200 million, with capacity allocable between U.S. and Canadian facilities.
Maturity extended to Sept. 3, 2031.
Pricing tightened via an availability-based grid; SOFR or CORRA margins now 150-200 basis points.
Credit spread adjustments for SOFR and CORRA removed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cooper-Standard Holding Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001320461-26-000119), on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cooper-Standard expands ABL facility by $20 million to $200 million total commitments

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