Trinseo Announces Offering of Senior Notes to Refinance Existing Indebtedness

BERWYN, Pa.–(BUSINESS WIRE)–$TSE #Trinseo—Trinseo
(NYSE: TSE), a global materials solutions provider and manufacturer of
plastics, latex binders and synthetic rubber, today announced that it
intends to raise $450 million in gross proceeds through an offering of
senior notes due 2025 by its subsidiaries Trinseo Materials Operating
S.C.A. and Trinseo Materials Finance, Inc. (together, the “Issuers”).
The net proceeds from the notes offering, together with approximately
$750 million of term loan borrowings expected to be available under the
Issuers’ proposed new senior secured credit facility and available cash,
will be used to repay all outstanding indebtedness under the Issuers’
6.375% Senior Notes (EUR) and 6.750% Senior Notes (USD), each due 2022,
to refinance the Issuers’ existing senior secured credit facility and to
pay related fees, expenses and premiums. The consummation of the notes
offering is subject to market and other conditions.

This press release does not constitute an offer to sell or the
solicitation of an offer to buy the senior notes due 2025. The notes to
be offered have not been, and will not be, registered under the
Securities Act of 1933, as amended, or any applicable state securities
laws and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration
requirements of the Securities Act of 1933, as amended, and other
applicable state securities laws.

About Trinseo

Trinseo (NYSE:TSE) is a global materials solutions provider and
manufacturer of plastics, latex binders, and synthetic rubber. We are
focused on delivering innovative and sustainable solutions to help our
customers create products that touch lives every day — products that are
intrinsic to how we live our lives — across a wide range of end-markets,
including automotive, consumer electronics, appliances, medical devices,
lighting, electrical, carpet, paper and board, building and
construction, and tires. Trinseo had approximately $3.7 billion in net
sales in 2016, with 15 manufacturing sites around the world, and nearly
2,200 employees. For more information visit www.trinseo.com.

Note on Forward-Looking Statements

This press release may contain “forward-looking statements” within
the meaning of the safe harbor provisions of the United States Private
Securities Litigation Reform Act of 1995. Words such as “expect,”
“estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,”
“plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,”
“potential,” “continue,” and similar expressions are intended to
identify such forward-looking statements. Forward-looking statements in
this press release may include, without limitation, forecasts of growth,
revenues, business activity, acquisitions, financings and other matters
that involve known and unknown risks, uncertainties and other factors
that may cause results, levels of activity, performance or achievements
to differ materially from results expressed or implied by this press
release. As a result of the foregoing considerations, you are cautioned
not to place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company undertakes
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.

Contacts

Press contact:
Trinseo
Donna St. Germain, +1
610-240-3307
[email protected]
or
Investor
Contact:
Trinseo
David Stasse, +1 610-240-3207
[email protected]