Financing ·
Methanex redeems $300 million of its 5.125% senior notes due October 2027
MEOHMethanex Corp
Methanex Corporation announced the partial redemption of US$300 million of its outstanding 5.125% senior notes due October 15, 2027. The redemption is scheduled for October 19, 2026. President and CEO Rich Sumner attributed the move to the company's strong cash position and generation capability, driven by tight global methanol market conditions and a strengthened asset base, aligning with balance sheet leverage targets. Methanex operates in the chemical industry as the world’s largest supplier of methanol.