Trinseo Takes Next Step to Implement Restructuring Support Agreement and Strengthen Financial Foundation

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo PLC (the “Company” or “Trinseo”) (OTCM: TSEOF), a specialty material solutions provider, has today taken the next step to implement the pre-packaged restructuring plan described in the previously announced Restructuring Support Agreement (“RSA”) with parties that hold a significant majority of its debt. The transactions contemplated under the RSA will reduce Trinseo's debt by approximately $2.0 billion and reduce its annual interest expense by approximately.
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