--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-26-032793" form_type: "8-K" ticker: "TSEOF" cik: "0001519061" company_name: "Trinseo PLC" filed_at: "2026-03-20T23:59:59+00:00" generated_at: "2026-05-15T09:29:05.532259+00:00" event_type: "other_material" sentiment: "negative" materiality_score: 0.85 calibrated_materiality_score: 0.85 confidence: "high" source: SEC EDGAR --- # Trinseo gets temporary debt default waivers through April 30, revolver amended ## Summary - Received waivers blocking acceleration & collateral enforcement on Senior Credit, Refinance, SuperPriority Revolver until Apr 30, 2026. - Securitization facility waiver extends only to Apr 2, 2026; other waivers end Apr 30. - Revolver amendment removes minimum liquidity covenant and anti-cash hoarding provisions. - Consent fee of 1.00% in-kind on commitments/loans paid to certain lenders for waivers. - Company previously disclosed nonpayment of interest beyond grace periods and NYSE delisting proceedings. ## SEC filing metadata - accession: 0001104659-26-032793 - form_type: 8-K - ticker: TSEOF - cik: 0001519061 - company_name: Trinseo PLC - filed_at: 2026-03-20T23:59:59+00:00 - event_type: other_material - sentiment: negative - materiality_score: 0.85 - calibrated_materiality_score: 0.85 - confidence: high - sec_items: 1.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1519061/000110465926032793/0001104659-26-032793-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519061/000110465926032793/tm269214d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-26-032793 - JSON: https://secwatch.observer/filing/0001104659-26-032793.json - Plain text: https://secwatch.observer/filing/0001104659-26-032793.txt ## Key facts - Material Agreements Trinseo PLC entered into Senior Credit Facility Waiver with Deutsche Bank AG New York Branch valued at Amendment and limited waiver to Senior Credit Agreement temporarily waiving certain acceleration and (effective 2026-03-19). - Action: entry - Agreement: credit facility - Counterparty: Deutsche Bank AG New York Branch - Value: Amendment and limited waiver to Senior Credit Agreement temporarily waiving certain acceleration and - Effective: 2026-03-19 source text: On March 19, 2026, Trinseo Luxco, the Borrowers, and the lenders party thereto, entered into an amendment and limited waiver (the “Senior Credit Facility Waiver”) to that certain Credit Agreement, dated as of September 6, 2017 (as amended, the “Senior Credit Agreement”), by and among Trinseo Luxco, the Borrowers, the guarantors party thereto from time to time, the lenders party thereto from time to time, and Deutsche Bank AG New York Branch, as administrative agent and collateral agent, pursuant to which, among other things, the requisite amount of lenders thereunder agreed to (i) temporarily waive certain acceleration and collateral enforcement rights and remedies under such facility until April 30, 2026, as a result of the nonpayment of interest or principal beyond the applicable grace period under the Senior Credit Agreement, the Refinance Credit Agreement, and the 2L Notes Indenture, and other related notice and cross-defaults, (ii) amend certain financial reporting and notice cove evidence_url: https://www.sec.gov/Archives/edgar/data/1519061/000110465926032793/0001104659-26-032793-index.htm - Material Agreements Trinseo PLC entered into Revolver Amendment with Deutsche Bank AG New York Branch valued at Amendment to super-priority revolving credit facility dated January 17, 2025 (effective 2026-03-19). - Action: entry - Agreement: credit facility - Counterparty: Deutsche Bank AG New York Branch - Value: Amendment to super-priority revolving credit facility dated January 17, 2025 - Effective: 2026-03-19 source text: On March 19, 2026, Trinseo Luxco S.à r.l. (“Trinseo Luxco”), Trinseo Holding S.à r.l. (“Trinseo Holding”) and Trinseo Materials Finance, Inc. (together with Trinseo Holding, the “Borrowers”), direct and indirect wholly owned subsidiaries of Trinseo PLC, entered into an amendment (the “Revolver Amendment”) to our super-priority revolving credit facility dated January 17, 2025 (as amended, the “SuperPriority Revolver”) by and among Trinseo Luxco, the Borrowers, the guarantors party thereto from time to time, the lenders party thereto from time to time, and Deutsche Bank AG New York Branch, as administrative agent and collateral agent evidence_url: https://www.sec.gov/Archives/edgar/data/1519061/000110465926032793/0001104659-26-032793-index.htm - Material Agreements Trinseo PLC entered into Securitization Waiver with GLAS USA LLC valued at Amendment and limited waiver to accounts receivable securitization facility temporarily waiving cert (effective 2026-03-19). - Action: entry - Agreement: credit facility - Counterparty: GLAS USA LLC - Value: Amendment and limited waiver to accounts receivable securitization facility temporarily waiving cert - Effective: 2026-03-19 source text: On March 19, 2026, Trinseo Ireland Global IHB Limited, an indirect wholly owned subsidiary of the Company, Trinseo Holding, and Styron Receivables Funding Designated Activity Company, entered into an amendment and limited waiver (the "Securitization Waiver") to the Credit and Security Agreement dated July 18, 2024 governing our accounts receivable securitization facility (the “Accounts Receivable Securitization Facility”) by and among Trinseo Ireland Global IHB Limited, Trinseo Holding, Styron Receivables Funding Designated Activity Company, GLAS USA LLC, as administrative agent, GLAS Americas LLC, as collateral agent, and the lenders party thereto, pursuant to which, among other things, the requisite amount of lenders thereunder agreed to (i) temporarily waive certain acceleration and collateral enforcement rights and remedies under such facility until April 2, 2026, as a result of the nonpayment of interest or principal beyond the applicable grace period under the Senior Credit Agree evidence_url: https://www.sec.gov/Archives/edgar/data/1519061/000110465926032793/0001104659-26-032793-index.htm - Material Agreements Trinseo PLC entered into Refinance Credit Facility Waiver with Alter Domus (US) LLC valued at Amendment and limited waiver to Refinance Credit Agreement temporarily waiving certain acceleration (effective 2026-03-19). - Action: entry - Agreement: credit facility - Counterparty: Alter Domus (US) LLC - Value: Amendment and limited waiver to Refinance Credit Agreement temporarily waiving certain acceleration - Effective: 2026-03-19 source text: On March 19, 2026, Trinseo NA Finance LLC (“NA Finance”), Trinseo LuxCo Finance SPV S.à r.l. (“LuxCo Finance SPV”) and Trinseo NA Finance SPV LLC (“NA Finance SPV”), direct and indirect wholly owned subsidiaries of the Company, entered into an amendment and limited waiver (the “Refinance Credit Facility Waiver”) to that certain Credit Agreement, dated as of September 8, 2023 (as amended, the “Refinance Credit Agreement”), by and among NA Finance, LuxCo Finance SPV and NA Finance SPV, the Company and Alter Domus (US) LLC, as administrative agent and collateral agent, pursuant to which, among other things, the requisite amount of lenders thereunder agreed to (i) temporarily waive certain acceleration and collateral enforcement rights and remedies under such facility until April 30, 2026, as a result of the nonpayment of interest or principal beyond the applicable grace period under the Refinance Credit Agreement, the Senior Credit Agreement, and the 2L Notes Indenture, and other related evidence_url: https://www.sec.gov/Archives/edgar/data/1519061/000110465926032793/0001104659-26-032793-index.htm - Material Agreements Trinseo PLC entered into Revolver Waiver with Deutsche Bank AG New York Branch valued at Amendment and limited waiver to SuperPriority Revolver temporarily waiving certain acceleration and (effective 2026-03-19). - Action: entry - Agreement: credit facility - Counterparty: Deutsche Bank AG New York Branch - Value: Amendment and limited waiver to SuperPriority Revolver temporarily waiving certain acceleration and - Effective: 2026-03-19 source text: On March 19, 2026, we also entered into an amendment and limited waiver to the SuperPriority Revolver (the “Revolver Waiver”), pursuant to which, among other things, the lenders thereunder agreed to (i) temporarily waive certain acceleration and collateral enforcement rights and remedies under such facility until April 30, 2026, as a result of the nonpayment of interest or principal beyond the applicable grace period under the Senior Credit Agreement (as defined below), the Refinance Credit Agreement (as defined below), and the indenture governing Trinseo LuxCo Finance SPV S.à r.l.’s 7.625% second lien secured notes due 2029 (the “2L Notes” and such indenture, the “2L Notes Indenture”), and other related notice and cross-defaults, and (ii) amend certain other provisions thereunder. evidence_url: https://www.sec.gov/Archives/edgar/data/1519061/000110465926032793/0001104659-26-032793-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.