{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-042351","form_type":"8-K","ticker":"TSEOF","cik":"0001519061","company_name":"Trinseo PLC","filed_at":"2026-04-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.407282+00:00","generated_at":"2026-05-15T06:34:42.035295+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Trinseo enters debt amendments; obtains $50M incremental revolver, waives securitization defaults until April 30","bullets":["Securitization facility waiver extends temporary forbearance on certain defaults until April 30, 2026; advance rate cut to 90% from 92.5%.","SuperPriority Revolver amended to add $50M incremental revolving commitments; initial draw of $10.4M; PIK interest at SOFR+9% or base+8%.","Incremental revolver matures Feb 2, 2028; remaining $39.6M available in up to two subsequent draws subject to conditions.","Company previously elected to skip interest payments under certain debt agreements; discussions with stakeholders continue.","NYSE delisting effective March 30; shares now trade OTC under TSEOF."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-042351","json":"https://secwatch.observer/filing/0001104659-26-042351.json","markdown":"https://secwatch.observer/filing/0001104659-26-042351.md","text":"https://secwatch.observer/filing/0001104659-26-042351.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/tm2611573d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T06:34:42.035295+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"437ae138b5943fbfdbf8a90135ba60ecde423cb4","claim":"Trinseo PLC amended Securitization Waiver with KKR Credit Advisors (US) LLC, GLAS USA LLC, GLAS Americas LLC (effective 2026-04-10).","evidence_excerpt":"On April 10, 2026 (the “Closing Date”), Trinseo Ireland Global IHB Limited (the “Investment Manager”), Trinseo Holding S.à r.l. (“Trinseo Holding”), and Styron Receivables Funding Designated Activity Company (the “Borrower”), direct and indirect wholly owned subsidiaries of the Company, entered into an amendment and limited waiver (the “Securitization Waiver”) to the Credit and Security Agreement, dated as of July 18, 2024, governing our accounts receivable securitization facility","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm","confidence":0.9},{"claim_id":"eef235a4c3927c5d0339ac3fe96e24ca4612dac1","claim":"Trinseo PLC amended Second Amendment with Deutsche Bank AG New York Branch valued at $50,000,000 (effective 2026-04-10).","evidence_excerpt":"On April 10, 2026, Trinseo Luxco S.à r.l. (“Trinseo Luxco”), Trinseo Holding, Trinseo Materials Finance, Inc. (together with Trinseo Holding, the “Borrowers”), Trinseo Ireland Global IHB Limited, and Trinseo Services Ireland Limited, direct and indirect wholly owned subsidiaries of the Company, entered into an amendment (the “Second Amendment”) to the credit agreement governing 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, pursuant to which, among other things, (i) the requisite amount of lenders thereunder agreed to, among other things, amend certain definitions, covenants and provisions thereunder, and (ii) certain lenders agreed to provide incremental senior secured revolving credit commitments (the “","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001193125-26-252557","ticker":"MDLN","company_name":"Medline Inc.","filed_at":"2026-06-02T12:06:32+00:00","headline":"Medline issues $2.0B senior secured notes & refinances $2.75B term loan; secondary offering of 72.6M shares at $37","event_type":"debt","sec_items":["1.01","2.03","8.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-252557","json":"https://secwatch.observer/filing/0001193125-26-252557.json","markdown":"https://secwatch.observer/filing/0001193125-26-252557.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2046386/000119312526252557/0001193125-26-252557-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2046386/000119312526252557/d50280d8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 10, 2026 (the “Closing Date”), Trinseo Ireland Global IHB Limited (the “Investment Manager”), Trinseo Holding S.à r.l. (“Trinseo Holding”), and Styron Receivables Funding Designated Activity Company (the “Borrower”), direct and indirect wholly owned subsidiaries of the Company, entered into an amendment and limited waiver (the “Securitization Waiver”) to the Credit and Security Agreement, dated as of July 18, 2024, governing our accounts receivable securitization facility","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm","comparable_excerpt":"Concurrently with the Notes offering, the Issuer refinanced its existing senior secured dollar-denominated term loan facility due 2030 (the “ 2030 Term Loan Facility ”) with a new senior secured dollar-denominated term loan facility in an aggregate principal amount of approximately $2,750.0 million (the “ 2033 Refinancing Term Loan Facility ” and, together with the existing revolving credit facility, the “ Senior Secured Credit Facilities ”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2046386/000119312526252557/0001193125-26-252557-index.htm"}},{"accession":"0001104659-26-068944","ticker":"TSEOF","company_name":"Trinseo PLC","filed_at":"2026-06-01T20:23:35+00:00","headline":"Trinseo obtains $142.5M new money DIP financing and $150M AR facility in Chapter 11","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-068944","json":"https://secwatch.observer/filing/0001104659-26-068944.json","markdown":"https://secwatch.observer/filing/0001104659-26-068944.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926068944/0001104659-26-068944-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926068944/tm2615985d1_8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 10, 2026 (the “Closing Date”), Trinseo Ireland Global IHB Limited (the “Investment Manager”), Trinseo Holding S.à r.l. (“Trinseo Holding”), and Styron Receivables Funding Designated Activity Company (the “Borrower”), direct and indirect wholly owned subsidiaries of the Company, entered into an amendment and limited waiver (the “Securitization Waiver”) to the Credit and Security Agreement, dated as of July 18, 2024, governing our accounts receivable securitization facility","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm","comparable_excerpt":"On May 28, 2026, the Company, as parent, Trinseo NA Finance LLC, as holdings, Trinseo Luxco Finance SPV S.à r.l. and Trinseo NA Finance SPV LLC (together, the “ SHC Borrowers ”), as borrowers, the guarantors party thereto from time to time, the lenders party thereto from time to time (the “ SHC DIP Lenders ”), and Alter Domus (US) LLC, as administrative agent and collateral agent, entered into a Senior Secured Super-Priority Debtor-In-Possession HoldCo Credit Agreement (the “ Super-Holdco DIP Credit Agreement ”), providing for a senior secured super-priority priming term loan debtor-in-possession credit facility in an aggregate principal amount of $157.5 million (the “ Super-Holdco DIP Facility ”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926068944/0001104659-26-068944-index.htm"}},{"accession":"0001193125-26-215654","ticker":"ACH","company_name":"ACCENDRA HEALTH INC/VA/","filed_at":"2026-05-11T23:59:59+00:00","headline":"Accendra Health launches $326.25M 9% first lien notes, $300M revolver, and exchange offers for existing notes","event_type":"debt","sec_items":["1.01","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-215654","json":"https://secwatch.observer/filing/0001193125-26-215654.json","markdown":"https://secwatch.observer/filing/0001193125-26-215654.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/75252/000119312526215654/0001193125-26-215654-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/75252/000119312526215654/d135857d8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 10, 2026 (the “Closing Date”), Trinseo Ireland Global IHB Limited (the “Investment Manager”), Trinseo Holding S.à r.l. (“Trinseo Holding”), and Styron Receivables Funding Designated Activity Company (the “Borrower”), direct and indirect wholly owned subsidiaries of the Company, entered into an amendment and limited waiver (the “Securitization Waiver”) to the Credit and Security Agreement, dated as of July 18, 2024, governing our accounts receivable securitization facility","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm","comparable_excerpt":"On May 11, 2026, Accendra Health, Inc. (the “ Company ”) entered into a Commitment and Consent Letter (the “ Commitment Letter ”) with certain institutions that are (a)(i) holders of the Company’s 4.500% Senior Notes due 2029 (the “ 2029 Notes ”) and 6.625% Senior Notes due 2030 (the “ 2030 Notes ” and, together with the 2029 Notes, the “ Existing Notes ”), collectively holding approximately all of the outstanding principal amount of the 2029 Notes and approximately 83% of the outstanding principal amount of the 2030 Notes as of May 11, 2026 and (ii) lenders under the Company’s existing Term Loan Credit Agreement (as defined below) (collectively, the “ Commitment and Consenting Parties ” and each, a “ Commitment and Consenting Party ”), (b) certain lenders under the Company’s existing Term Loan Credit Agreement consenting solely with respect to the Term B-1 Term Loan Consent (as defined below) (the “ Term B-1 Term Loan Consenting Parties ”) and (c) all lenders under the Company’s Exist","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/75252/000119312526215654/0001193125-26-215654-index.htm"}},{"accession":"0001213900-26-053894","ticker":"TBH","company_name":"Brag House Holdings, Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Brag House issues $2.5M convertible notes at 25% OID; proceeds for House of Doge merger","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-053894","json":"https://secwatch.observer/filing/0001213900-26-053894.json","markdown":"https://secwatch.observer/filing/0001213900-26-053894.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1903595/000121390026053894/0001213900-26-053894-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1903595/000121390026053894/ea0289773-8k_braghouse.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 10, 2026 (the “Closing Date”), Trinseo Ireland Global IHB Limited (the “Investment Manager”), Trinseo Holding S.à r.l. (“Trinseo Holding”), and Styron Receivables Funding Designated Activity Company (the “Borrower”), direct and indirect wholly owned subsidiaries of the Company, entered into an amendment and limited waiver (the “Securitization Waiver”) to the Credit and Security Agreement, dated as of July 18, 2024, governing our accounts receivable securitization facility","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm","comparable_excerpt":"In connection with the Offering, on May 4, 2026, the Company entered into a Registration Rights Agreement (the “Registration Rights Agreement”) with the Purchasers.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1903595/000121390026053894/0001213900-26-053894-index.htm"}},{"accession":"0001492691-26-000042","ticker":"KNX","company_name":"Knight-Swift Transportation Holdings Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Knight-Swift closes $1.5B convertible note offering at 1.00% due 2031; proceeds used to repay term loans and revolver","event_type":"debt","sec_items":["1.01","2.03","3.02","8.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001492691-26-000042","json":"https://secwatch.observer/filing/0001492691-26-000042.json","markdown":"https://secwatch.observer/filing/0001492691-26-000042.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1492691/000149269126000042/0001492691-26-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1492691/000149269126000042/knx-20260505.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 10, 2026 (the “Closing Date”), Trinseo Ireland Global IHB Limited (the “Investment Manager”), Trinseo Holding S.à r.l. (“Trinseo Holding”), and Styron Receivables Funding Designated Activity Company (the “Borrower”), direct and indirect wholly owned subsidiaries of the Company, entered into an amendment and limited waiver (the “Securitization Waiver”) to the Credit and Security Agreement, dated as of July 18, 2024, governing our accounts receivable securitization facility","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm","comparable_excerpt":"On May 8, 2026, Knight-Swift Transportation Holdings Inc. (the \"Company\") completed its previously announced private offering (the \"Offering\") of $1.5 billion aggregate principal amount of 1.00% Convertible Senior Notes due 2031 (the \"Notes\"), including the exercise in full of the initial purchasers' option to purchase up to an additional $200.0 million principal amount of the Notes.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1492691/000149269126000042/0001492691-26-000042-index.htm"}},{"accession":"0001493152-26-021718","ticker":"WGRX","company_name":"Wellgistics Health, Inc.","filed_at":"2026-05-07T23:59:59+00:00","headline":"Wellgistics Health subsidiary enters forbearance agreement on $1.77M debt","event_type":"debt","sec_items":["1.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-021718","json":"https://secwatch.observer/filing/0001493152-26-021718.json","markdown":"https://secwatch.observer/filing/0001493152-26-021718.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2030763/000149315226021718/0001493152-26-021718-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2030763/000149315226021718/form8-k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 10, 2026 (the “Closing Date”), Trinseo Ireland Global IHB Limited (the “Investment Manager”), Trinseo Holding S.à r.l. (“Trinseo Holding”), and Styron Receivables Funding Designated Activity Company (the “Borrower”), direct and indirect wholly owned subsidiaries of the Company, entered into an amendment and limited waiver (the “Securitization Waiver”) to the Credit and Security Agreement, dated as of July 18, 2024, governing our accounts receivable securitization facility","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm","comparable_excerpt":"On May 1, 2026, Wellgistics, LLC (“Wellgistics”), a wholly owned subsidiary of Wellgistics Health, Inc. (the “Company”), entered into an Acknowledgment of Indebtedness, Forbearance and Repayment Agreement (the “Forbearance Agreement”) with Marco Capital, Inc. (“MCI”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2030763/000149315226021718/0001493152-26-021718-index.htm"}},{"accession":"0001193125-26-252668","ticker":"BTU","company_name":"PEABODY ENERGY CORP","filed_at":"2026-06-02T14:17:48+00:00","headline":"Peabody prices $250M convertible notes due 2031, repurchases $241.2M of 2028 notes","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-252668","json":"https://secwatch.observer/filing/0001193125-26-252668.json","markdown":"https://secwatch.observer/filing/0001193125-26-252668.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/0001193125-26-252668-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/d112966d8k.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 10, 2026 (the “Closing Date”), Trinseo Ireland Global IHB Limited (the “Investment Manager”), Trinseo Holding S.à r.l. (“Trinseo Holding”), and Styron Receivables Funding Designated Activity Company (the “Borrower”), direct and indirect wholly owned subsidiaries of the Company, entered into an amendment and limited waiver (the “Securitization Waiver”) to the Credit and Security Agreement, dated as of July 18, 2024, governing our accounts receivable securitization facility","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm","comparable_excerpt":"Convertible Notes and the Indenture On May 28, 2026, Peabody Energy Corporation (the “Company” or “Peabody”) priced its private offering of $225 million in aggregate principal amount of 0.50% Convertible Senior Notes due 2031 (the “Initial Notes”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/0001193125-26-252668-index.htm"}},{"accession":"0001882781-26-000041","ticker":"CBLO","company_name":"C2 Blockchain, Inc.","filed_at":"2026-06-02T14:08:44+00:00","headline":"C2 Blockchain raises $130K and up to $1.2M via convertible notes with heavy dilution","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: material_agreement","same SEC item: 1.01, 9.01","same event type: debt"],"urls":{"canonical":"https://secwatch.observer/filing/0001882781-26-000041","json":"https://secwatch.observer/filing/0001882781-26-000041.json","markdown":"https://secwatch.observer/filing/0001882781-26-000041.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1882781/000188278126000041/0001882781-26-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1882781/000188278126000041/form8k6226o.htm"},"side_by_side_evidence":{"fact_type":"material_agreement","source_excerpt":"On April 10, 2026 (the “Closing Date”), Trinseo Ireland Global IHB Limited (the “Investment Manager”), Trinseo Holding S.à r.l. (“Trinseo Holding”), and Styron Receivables Funding Designated Activity Company (the “Borrower”), direct and indirect wholly owned subsidiaries of the Company, entered into an amendment and limited waiver (the “Securitization Waiver”) to the Credit and Security Agreement, dated as of July 18, 2024, governing our accounts receivable securitization facility","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm","comparable_excerpt":"On May 28, 2026, the Company entered into a Securities Purchase Agreement with Leonite Fund I, LP (“Leonite”), pursuant to which the Company issued and sold a Senior Secured Convertible Promissory Note having an aggregate principal amount of up to $1,200,000 (the “Leonite Note”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1882781/000188278126000041/0001882781-26-000041-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}