Cooper Standard Announces Pricing of $1.1 Billion of Senior Secured First Lien Notes | CPS Stock News

StockTitan
2026.02.20 12:16
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Cooper-Standard Holdings Inc. has announced the pricing of a private offering of $1.1 billion in 9.250% Senior Secured First Lien Notes due 2031. The offering is expected to close on March 4, 2026, and proceeds will be used to redeem existing notes and cover related expenses. The notes will be offered to qualified institutional buyers and non-U.S. persons under specific regulations. Cooper Standard is a global supplier of sealing and fluid handling systems, headquartered in Northville, Michigan.