Trinseo PLC: $2.72 Billion Prepackaged Debt-for-Equity Plan
Trinseo PLC filed prepackaged chapter 11 in S.D. Tex. on May 26, 2026. The plan reduces $2.72 billion in funded debt through a debt-for-equity conversion, with trade creditors unimpaired. Confirmation hearing set for July 27, 2026.