{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-060590","form_type":"8-K","ticker":"TSEOF","cik":"0001519061","company_name":"Trinseo PLC","filed_at":"2026-05-14T10:10:30+00:00","discovered_at":"2026-05-14T10:15:00.333659+00:00","generated_at":"2026-05-14T10:16:49.332841+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Trinseo enters RSA to cut ~$2.0B debt via pre-packaged Chapter 11; equity holders get no recovery","bullets":["RSA reduces funded debt by ~$2.0B and annual interest expense by ~$140M.","Pre-packaged Chapter 11 cases expected by May 25, 2026; company operates as debtor-in-possession.","Existing equity interests cancelled with no recovery; lenders receive 100% of reorganized equity.","DIP commitments total $427.5M ($270M OpCo + $157.5M Super HoldCo); $150M A/R facility agreed.","Exit financing includes $850M term loan and $200M revolver; $450M equity rights offering backstopped."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-060590","json":"https://secwatch.observer/filing/0001104659-26-060590.json","markdown":"https://secwatch.observer/filing/0001104659-26-060590.md","text":"https://secwatch.observer/filing/0001104659-26-060590.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926060590/0001104659-26-060590-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1519061/000110465926060590/tm2614481d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T10:16:49.332841+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}