Thu 08/31/2023 07:00 AM
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Meredith Dixon
Credit Research
meredith.dixon@reorg.comAlisha Turak, JD
Americas Covenants
aturak@reorg.com

In connection with its restructuring and refinancing efforts, Trinseo provided internal forecasts to the market that depict constrained cash flows in the medium term. In order to effectuate the partial tender for the 2025 notes that remain outstanding and assuming the company also addresses its 2024 maturities, Trinseo will have to raise about $1 billion of new financing despite...
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