Chemical Maker Trinseo Mulls Possible Bankruptcy in Lender Talks

Trinseo Plc, a Pennsylvania-based plastics maker, is in discussions with creditors about restructuring its debt — a deal that could be carried out through a possible bankruptcy filing in the coming weeks, according to people familiar with the matter.

The chemical company and its lenders have been in confidential talks to reduce Trinseo’s debt burden and cut interest costs, said the people, who asked not to be identified because the discussions are private. They said the company is aiming for an agreement supported by its major creditor groups.