Nexeo Plastics Holdings, Inc. Commences Consent Solicitation

THE WOODLANDS, Texas–(BUSINESS WIRE)–Nexeo Plastics Holdings, Inc. (f/k/a Neon Holdings, Inc.) (the “Company”) today announced that it has commenced a solicitation of consents (the “Consent Solicitation”) from the holders of its 10.125% Senior Secured Notes due 2026 (144A CUSIP: 64051NAA1, Regulation S CUSIP: U6404NAA3) (the “Notes”) to certain Proposed Amendments (as defined below) to the indenture governing the Notes (the “Indenture”), as further described below.

In accordance with the terms and conditions of the Consent Solicitation, the Company is seeking consents from holders representing at least a majority (the “Requisite Consents”) in aggregate principal amount of the Notes to modify the…