secwatch / observer
8-K filed April 2, 2024, 7:59 PM ET ticker TSEOF CIK 0001519061
debt confidence high sentiment neutral materiality 0.50

Trinseo PLC (TSEOF): debt financing — Trinseo amends receivables securitization; extends maturity to Nov 2025

Trinseo PLC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Trinseo PLC amended debt of $150.0 million with HSBC Bank plc at 1.65% on outstanding borrowings plus variable commercial paper or other benchmar maturing November 18, 2025.

Principal
$150.0 million
Counterparty
HSBC Bank plc
Rate
1.65% on outstanding borrowings plus variable commercial paper or other benchmar
Maturity
November 18, 2025
Event
amendment
Exact text from the filing
reland Global IHB Limited, an indirect wholly owned subsidiary of Trinseo PLC (the “Company”) entered into an Deed of Amendment, Restatement and Accession with Styron Receivables Funding Designated Activity Company, Regency Assets Designated Activity Company, HSBC Bank plc, TMF Administration Services Limited and The Law Debenture Trust Corporation P.L.C.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Trinseo PLC amended Deed of Amendment, Restatement and Accession with Styron Receivables Funding Designated Activity Company, Regency Assets Designated Activity Company, HSBC Bank plc, TMF Administration Services Limited, The Law Debenture Trust Corporation P.L.C. valued at $150,000,000 borrowing limit, fixed interest charges 1.65% then 3.5% (effective 2024-03-28).

Action
amendment
Agreement
credit facility
Counterparty
Styron Receivables Funding Designated Activity Company, Regency Assets Designated Activity Company, HSBC Bank plc, TMF Administration Services Limited, The Law Debenture Trust Corporation P.L.C.
Value
$150,000,000 borrowing limit, fixed interest charges 1.65% then 3.5%
Effective
2024-03-28
Exact text from the filing
On March 28, 2024, Trinseo Ireland Global IHB Limited, an indirect wholly owned subsidiary of Trinseo PLC (the “Company”) entered into an Deed of Amendment, Restatement and Accession with Styron Receivables Funding Designated Activity Company, Regency Assets Designated Activity Company, HSBC Bank plc, TMF Administration Services Limited and The Law Debenture Trust Corporation P.L.C. and other indirect wholly owned subsidiaries of the Company named therein (the “Deed of Amendment”).
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

Trinseo PLC filing history →

Source: SEC EDGAR
accession 0001558370-24-004612
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