BERWYN, Pa.--(BUSINESS WIRE)--
Trinseo
(NYSE: TSE), a global materials solutions provider and manufacturer of
plastics, latex binders and synthetic rubber, today announced that Bain
Capital Everest Manager Holding SCA (the “Selling Shareholder”) has
agreed to sell 8,000,000 ordinary shares pursuant to the Company’s shelf
registration statement filed with the Securities and Exchange Commission
(the “SEC”). The Selling Shareholder will receive all of the net
proceeds from this offering. No shares are being sold by the Company.
Goldman, Sachs & Co. will act as the sole book-running manager for the
offering (the “Underwriter”).
A shelf registration statement (including a prospectus) relating to the
offering of ordinary shares was filed with the SEC on March 15, 2016 and
became effective on March 18, 2016. Before you invest, you should read
the prospectus included in that registration statement and the documents
incorporated by reference in that registration statement as well as the
prospectus supplement related to this offering. You may obtain these
documents for free by visiting EDGAR on the SEC website at www.sec.gov.
When available, copies of the prospectus supplement and accompanying
prospectus related to the offering may also be obtained by contacting
Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New
York, NY 10282, telephone: 212- 902-1171, facsimile: 212-902-9316,
e-mail: prospectus-ny@ny.email.gs.com.
The offering of these securities will be made only by means of a
prospectus supplement and the accompanying prospectus.
This release shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sale of these securities in
any state or other jurisdiction in which such an offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of any such state or other jurisdiction. Any offer to
buy the securities may be withdrawn or revoked, without obligation or
commitment of any kind, at any time prior to notice of its acceptance
given after the effective date of the shelf registration statement.
About Trinseo
Trinseo
(NYSE: TSE) is a global materials solutions provider and a 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, lighting, electrical,
carpet, paper and board, building and construction, and tires. Trinseo
had approximately $4.0 billion in revenue in 2015, with 18 manufacturing
sites around the world, and approximately 2,200 employees.
Note on Forward-Looking Statements
This 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. By their nature, forward-looking statements
involve risks and uncertainties because they relate to events and depend
on circumstances that may or may not occur in the future, including
risks and uncertainties relating to the consummation of the proposed
offering by the Selling Shareholder and the repurchase by the Company
and the risks identified, or incorporated by reference, in the
prospectus supplement or accompanying prospectus. 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 release. All forward-looking statements are qualified in their
entirety by this cautionary statement. 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.
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Source: Trinseo