---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-004612"
form_type: "8-K"
ticker: "TSEOF"
cik: "0001519061"
company_name: "Trinseo PLC"
filed_at: "2024-04-02T23:59:59+00:00"
generated_at: "2026-06-04T03:30:21.182934+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Trinseo amends receivables securitization; extends maturity to Nov 2025

## Summary
- Added two new U.S. subsidiaries as sellers; borrowing limit unchanged at $150M.
- Final maturity extended one year to November 18, 2025; company can terminate on 30 days' notice.
- Fixed interest charge rises from 1.65% to 3.5% after November 18, 2024.
- Liquidity covenant requires at least $250M after May 25, 2025.

## SEC filing metadata
- accession: 0001558370-24-004612
- form_type: 8-K
- ticker: TSEOF
- cik: 0001519061
- company_name: Trinseo PLC
- filed_at: 2024-04-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519061/000155837024004612/0001558370-24-004612-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519061/000155837024004612/tse-20240328x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-004612
- JSON: https://secwatch.observer/filing/0001558370-24-004612.json
- Plain text: https://secwatch.observer/filing/0001558370-24-004612.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519061/000155837024004612/0001558370-24-004612-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519061/000155837024004612/0001558370-24-004612-index.htm

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