---
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"
generated_at: "2026-05-15T06:34:42.035295+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Trinseo enters debt amendments; obtains $50M incremental revolver, waives securitization defaults until April 30

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- 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/1519061/000110465926042351/0001104659-26-042351-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/tm2611573d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-042351
- JSON: https://secwatch.observer/filing/0001104659-26-042351.json
- Plain text: https://secwatch.observer/filing/0001104659-26-042351.txt

## 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_url: https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm
- 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_url: https://www.sec.gov/Archives/edgar/data/1519061/000110465926042351/0001104659-26-042351-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.