 Moodys Investors Service affirmed Cooper-Standard Automotive Inc.s Cooper-Standard Corporate Family Rating CFR and Probability of Default Rating at B3 and B3-PD, respectively, and the senior unsecured note rating at Caa1, and downgraded the senior secured debt rating to B1 from Ba3. Moodys also assigned a B1 rating to the new 250 million of senior secured notes. Cooper-Standards new senior secured notes, will rank pari passu with the existing senior secured term loan. 