Company: CPS
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001320461-25-000033
Chunk: 108

Company: Cooper-Standard Holdings Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 108
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angible AssetsDefinite-lived intangible assets and accumulated amortization balances as of December 31, 2024 and 2023 were as follows:Gross Carrying AmountAccumulated AmortizationNet Carrying AmountCustomer relationships$152,054 $(137,654)$14,400 Other37,737 (18,332)19,405 Balance as of December 31, 2024$189,791 $(155,986)$33,805 Customer relationships$152,403 $(133,698)$18,705 Other38,090 (16,227)21,863 Balance as of December 31, 2023$190,493 $(149,925)$40,568 Estimated amortization expense for the next five years is shown in the table below:YearExpense2025$6,518 20264,722 20274,711 20284,062 20293,128 

10. Debt and Other Financing

A summary of outstanding debt as of December 31, 2024 and 2023 was as follows: December 31, 20242023First Lien Notes$610,955 $595,966 Third Lien Notes388,169 386,681 2026 Senior Notes42,415 42,338 Finance leases18,956 22,243 Other borrowings39,772 48,220 Total debt1,100,267 1,095,448 Less: current portion(42,428)(50,712)Total long-term debt$1,057,839 $1,044,736 The principal maturities of debt, at nominal value, as of December 31, 2024 are as follows:YearDebt and Finance Lease Obligations*2025$43,422 202645,758 20271,011,750 20282,719 20293,915 Thereafter6,961 Total$1,114,525 *    Inclusive of imputed interest on finance leases.

60

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)(Dollar amounts in thousands except per share and share amounts)

The weighted average interest rate of our debt payable within one year was 3.4% as of December 31, 2024 and 3.7% as of December 31, 2023. First Lien NotesOn January 27