On November 22, 2024, Methanex Corporation, through its wholly owned subsidiary Methanex US Operations Inc., completed a US$600 million private placement of 6.250% senior unsecured notes due 2032. The deal was upsized from US$500 million, priced at 99.289% of the aggregate principal, and carries an effective yield to maturity of 6.375%. The notes are guaranteed on a senior basis by Methanex and were issued under a private placement exemption from U.S. securities registration.

Net proceeds will help fund Methanex’s acquisition of OCI Global’s international methanol business, as previously announced, and be allocated to general corporate purposes. Methanex, the world’s largest methanol producer, serves global markets across North America, Asia Pacific, Europe, and South America.