Cooper-Standard amends ABL credit facility, raising commitments to $200 million, maturity to 2031
Cooper-Standard Holdings amended its asset-based lending (ABL) facility through a Sixth Amendment dated September 3, 2026. The changes increase total commitments to $200 million, extend the maturity to September 3, 2031, and lower borrowing margins. The filing describes a financing amendment only and gives no information on the company's operating results.
Key points
- Total commitments increased by $20 million to $200 million
- Maturity of commitments extended to September 3, 2031
- Margins range 150 to 200 basis points for SOFR/CORRA borrowings and 50 to 100 basis points for base rate or prime rate borrowings
- Bank of America, N.A. acts as agent; full amendment filed as Exhibit 10.1
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.