Trinseo, a Double Dip "Pari-Plus" Case Study

Today, we are going to look at another variation of the double-dip: the pari-plus transaction by analyzing the fascinating restructuring of Trinseo.

Welcome to the 95th Pari Passu Newsletter,

Over the past few weeks, we have spent some time learning about liability management transactions - specifically the iterations of double-dips and triple-dips. Today, we are going to look at another variation of the double-dip: the pari-plus transaction by analyzing the fascinating restructuring of Trinseo.

Thi…