Trinseo is undergoing Chapter 11 bankruptcy restructuring

Trinseo’s Chapter 11 restructuring has hit delays as disputes between lender groups move into mediation. The plastics and specialty materials producer filed for bankruptcy protection in May, aiming to eliminate about $2 billion of debt and cut annual interest costs by roughly $140 million. A Texas bankruptcy court appointed mediator Robert D. Drain on September 28 to resolve the disputes.

Source

https://www.bkalerts.com/recent-bankruptcy-cases/texas-southern-bankruptcy-court/9%3A26-bk-90545/bankruptcy-case-trinseo-plc-and-the-official-committee-of-unsecured-creditors