Simpson Thacher represented Cooper-Standard Automotive Inc. in connection with an amendment and extension of its asset-based revolving credit facility that increased the aggregate total commitment amount to $200,000,000.
Cooper-Standard, headquartered in Northville, Michigan, with locations in 20 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing its materials science and manufacturing expertise, Cooper-Standard creates innovative and sustainable engineered solutions for diverse transportation and industrial markets.
The Simpson Thacher team included Justin Lungstrum, Matt Farrell, Abdul Fasinro, Emma Li and Emily Barber (Banking and Credit); and Karen Hsu Kelley and Joshua Teitler (Public Company Advisory Practice).