Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0.0164279696714406 0.00758213984835725
Stock impact report

Trinseo Announces Offering of Senior Notes to Refinance Existing Indebtedness

Trinseo PLC Ordinary Shares (TSE) 
Last trinseo plc ordinary shares earnings: 2/6 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.trinseo.com
Company Research Source: Business Wire
BERWYN, Pa.--(BUSINESS WIRE)-- Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today announced that it intends to raise $450 million in gross proceeds through an offering of senior notes due 2025 by its subsidiaries Trinseo Materials Operating S.C.A. and Trinseo Materials Finance, Inc. (together, the “Issuers”). The net proceeds from the notes offering, together with approximately $750 million of term loan borrowings expected to be available under the Issuers’ proposed new senior secured credit facility and available cash, will be used to repay all outstanding indebtedness under the Issuers’ 6.375% Senior Notes (EUR) and 6.750% Senior Notes (USD), each due 2022, to refinance the Issuers’ existing senior secured credit facility and to pay related fees, expenses and premiums. The consummation of the notes offering is subject to market and Show less Read more
Impact Snapshot
Event Time:
TSE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for TSE alerts
Opt-in for
TSE alerts

from News Quantified
Opt-in for
TSE alerts

from News Quantified