Cahill Represents Initial Purchasers in $450 Million Notes Offering for Trinseo Materials Operating S.C.A. and Trinseo Materials Finance, Inc.
Date: 03/24/21
Cahill represented the initial purchasers in connection with a Rule 144A offering of $450,000,000 aggregate principal amount of 5.125% senior notes due 2029 by Trinseo Materials Operating S.C.A. and Trinseo Materials Finance, Inc. Proceeds from the offering will be used to pay a portion of the purchase price of the previously-announced acquisition of the polymethyl methacrylates (PMMA) and activated methyl methacrylates (MMA) business, through the purchase of shares of certain subsidiaries of Arkema S.A., in addition to fees and expenses related to the offering and the acquisition. Trinseo (NYSE: TSE) is a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber.