Every 8-K that TRINSEO PLC (TSEOF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TSEOF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TSEOF filings page.
Trinseo PLC filed an amended current report to correct its earlier submission related to a financing agreement. The Form 8-K/A, labeled Amendment No. 1, is being used solely to refile Exhibit 10.2 so that typographical errors in the names of certain guarantors on the signature pages are corrected.
The corrected Exhibit 10.2 covers a Senior Secured Super-Priority Debtor-In-Possession HoldCo Credit Agreement dated May 28, 2026, among Trinseo PLC, various financing subsidiaries, guarantors, lenders, and Alter Domus (US) LLC as administrative and collateral agent. No other disclosures from the original report are changed.
Trinseo PLC has entered into new debtor-in-possession and securitization financing to support operations during its Chapter 11 restructuring. The company’s subsidiaries signed an OpCo DIP Facility with a $270.0 million senior secured super-priority term loan and a Super-Holdco DIP Facility with a $157.5 million senior secured super-priority term loan, together providing $142.5 million of new money funding. The DIP loans carry cash interest at SOFR plus 9.00% for new money tranches and are secured by liens on substantially all borrower and guarantor assets, with super-priority administrative expense status. Trinseo also amended and restated its accounts receivable securitization program into a non-recourse revolving AR Facility of up to $150.0 million, collateralized by trade receivables from European and U.S. subsidiaries. These facilities include weekly-tested minimum liquidity and disbursement variance covenants and are intended to provide operating liquidity while the company pursues its prepackaged plan of reorganization.
Trinseo PLC has commenced voluntary Chapter 11 cases to implement a prepackaged restructuring that is expected to cut total debt by about $2.0 billion and annual interest expense by about $140 million. The company is operating as debtor‑in‑possession and has requested approval for a fully committed $158 million debtor‑in‑possession financing and a replacement receivables securitization program to provide day‑to‑day liquidity.
The plan, backed by holders of a significant majority of Trinseo’s debt, contemplates that existing lenders will receive substantially all of the equity in the reorganized company. Existing equity interests are expected to be cancelled with no recovery. By contrast, vendors and other general unsecured creditors are expected to be paid in full and remain unimpaired, allowing operations, customer service, and employee pay to continue in the ordinary course during the court process.
Trinseo PLC reports that counterparties under its Credit and Security Agreement for the accounts receivable securitization facility have extended the expiration date of an existing waiver to May 27, 2026. The company emphasizes that no new waiver agreement was signed; only the prior waiver’s term was extended.
The filing also notes that the company’s ordinary shares were delisted from the NYSE following a Form 25 filed on March 23, 2026, with the delisting effective March 30, 2026. Trinseo’s shares now trade over the counter under the symbol TSEOF.
Trinseo PLC has entered a Restructuring Support Agreement with a majority of its senior lenders to implement a pre-packaged Chapter 11 plan that will discharge and release approximately $2.0 billion of prepetition funded debt, cutting annual interest expense by about $140 million. Existing lenders are expected to receive 100% of the equity in the reorganized company, while current shareholders’ equity interests will be cancelled with no recovery. General unsecured claims, including trade creditors, vendors and suppliers, are expected to be treated as unimpaired, and the company plans to continue operating and paying employees and vendors in the ordinary course as debtors-in-possession. Trinseo also amended its super-priority revolving credit facility, adding a $25 million incremental revolving commitment that was fully drawn on May 13, 2026, and highlighted additional committed financing including about $158 million of debtor-in-possession financing and a $150 million accounts receivable facility.
Trinseo PLC disclosed that lenders have extended the expiration dates of several previously granted waivers tied to its debt facilities. The waiver under its super-priority revolving credit facility, the waiver under its 2017 senior credit agreement, and the waiver under its 2023 refinance credit agreement now all run until May 13, 2026. A separate waiver under the 2024 credit and security agreement for the company’s accounts receivable securitization facility has been extended until May 14, 2026. No new waiver agreements were signed; the existing waivers were simply prolonged under their original terms as part of Trinseo’s ongoing capital structure discussions and restructuring efforts.
Trinseo PLC reported weaker first quarter 2026 results, with net sales of $724.7 million, down 8% from the prior year as lower prices and volumes more than offset favorable currency effects. The company recorded a net loss of $115.9 million, compared with a $79.0 million loss a year earlier, as higher interest expense and restructuring-related costs weighed on results.
Adjusted EBITDA was $52.6 million, down from $64.8 million, reflecting the absence of prior-year technology licensing income, partly offset by savings from restructuring actions. Cash used in operating activities was $232.9 million, and together with capital expenditures this led to Free Cash Flow of negative $244.2 million, driven by seasonality, tighter trade credit and higher raw material costs. The balance sheet shows cash and cash equivalents of $110.6 million and shareholders’ deficit of $1.22 billion as of March 31, 2026.