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Cooper-Standard borrows $63.2 million under revolver
By Sara Rosenberg
New York, Nov. 12 - Cooper-Standard Holdings Inc. drew down $63.2 million under its revolving credit facility to protect against possible short-term disruptions in the financial markets, according to a 10-Q filed with the Securities and Exchange Commission on Wednesday.
The draw was made in October.
Cooper-Standard is a Novi, Mich., manufacturer of fluid handling, body sealing and noise, vibration and harshness control components, systems, subsystems and modules, primarily for use in passenger vehicles and light trucks for original equipment manufacturers and replacement markets.
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