Brief: Trinseo PLC Commences Voluntary Chapter 11 Cases In U.S. Bankruptcy Court
26/05/2026 06:43
May 26 (Reuters) - Trinseo PLC 3XD.F: TRINSEO PLC - COMMENCES VOLUNTARY CHAPTER 11 CASES IN U.S. BANKRUPTCY COURT TRINSEO PLC - RESTRUCTURING TO REDUCE DEBT BY $2.0 BILLION AND INTEREST EXPENSE BY $140 MILLION TRINSEO PLC - RESTRUCTURING FUNDED BY $158 MILLION DEBTOR-IN-POSSESSION FINANCING TRINSEO PLC - ALSO ANNOUNCED A NEW $150 MILLION NON-RECOURSE REVOLVING CREDIT FACILITY TRINSEO PLC - EXISTING LENDERS TO RECEIVE NEARLY 100% OF REORGANIZED TRINSEO EQUITY Source text: ID:nBwqL06ta Further company coverage: 3XD.F ((Reuters.Briefs@thomsonreuters.com;))
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