June 19, 2013 7:25 AM ET

Auto Components

Company Overview of Cooper-Standard Automotive, Inc.

Company Overview

Cooper-Standard Automotive, Inc. manufactures and markets systems and components for the automotive industry in North America and internationally. It offers fuel, brake, and emissions products, including fuel rails; thermal management products, such as rubber hoses, metal and plastic tubes, and electro mechanical and system integration products; and body sealing products, which include static sealing, dynamic sealing, anti-vibration, body, engine, and suspension systems. The company was founded in 1960 and is based in Novi, Michigan. Cooper-Standard Automotive, Inc. operates as a subsidiary of Cooper-Standard Holdings Inc.

39550 Orchard Hill Place

Novi, MI 48375

United States

Founded in 1960

Phone:

248-596-5900

Fax:

248-596-6515

www.cooperstandard.com

Key Executives for Cooper-Standard Automotive, Inc.

Chairman and Chief Executive Officer
Age: 64
Chief Financial Officer and Vice President
Age: 54
Chief Operating officer
Age: 51
President for North American Operations
Vice President
Age: 58
Compensation as of Fiscal Year 2012.

Cooper-Standard Automotive, Inc. Key Developments

Cooper-Standard Holdings Inc., Cooper-Standard Automotive Inc., Cooper-Standard Automotive Canada Limited, Cooper-Standard Automotive International Holdings B.V. Enter into $150 Million Amended and Restated Loan and Security Agreement

On April 8, 2013, Cooper-Standard Holdings Inc., Cooper-Standard Automotive Inc., Cooper-Standard Automotive Canada Limited, Cooper-Standard Automotive International Holdings B.V. and certain subsidiaries of the Company, entered into that certain $150 million Amended and Restated Loan and Security Agreement with certain lenders, Bank of America, N.A., as agent for such lenders, Deutsche Bank Trust Company Americas, as syndication agent, and Merrill Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC, as joint lead arrangers and bookrunners, and other parties thereto, which amended and restated the existing $125 million senior secured asset-based revolving credit facility, dated as of May 27, 2010, among the Company, the U.S. Borrower, the Canadian Borrower, the lenders and other parties thereto. The Amended and Restated Senior ABL Facility provides for an aggregate revolving loan availability of up to $150 million, subject to borrowing base availability, including a $50 million letter of credit sub-facility and a $25 million swing line sub-facility. The Amended and Restated Senior ABL Facility also provides for an uncommitted $75 million incremental loan facility, for a potential total Senior ABL Facility of $225 million (if requested by the Borrowers and the lenders agree to fund such increase). No consent of any lender is required to effect any such increase. Maturity date is March 1, 2018. After the Closing Date, proceeds from the Amended and Restated Senior ABL Facility may be used by the Borrowers to issue commercial and standby letters of credit, to finance ongoing working capital needs and for general corporate purposes.

Cooper-Standard Automotive, Inc. Presents at Deutsche Bank Securities 20th Annual Leveraged Finance Conference, Oct-11-2012 11:25 AM

Cooper-Standard Automotive, Inc. Presents at Deutsche Bank Securities 20th Annual Leveraged Finance Conference, Oct-11-2012 11:25 AM. Venue: The Phoenicia, 6000 East Camelback Road, Scottsdale, AZ 85251, United States.

Cooper-Standard Automotive, Inc. Plans to Add 140 Jobs in N.C

Cooper-Standard Automotive, Inc. plans to add nearly 140 jobs at a North Carolina plant by theof next year. The added jobs are part of an $18 million expansion by the company at a Goldsboro plant that makes rubber, metal and plastic seals. The company has been promised state and local grants and tax credits worth more than $2 million.

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