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Methanex Corporation Successfully Syndicates Acquisition Financing for OCI Global's International Methanol Business

Oct 29, 2024•over 1 year ago

Contract Type

agreement

VancouverEnergyOil And Gas

Description

Methanex Corporation has announced the successful syndication of acquisition financing to support its agreement to acquire OCI Global's international methanol business for $2.05 billion. The new financing arrangements involve a syndicate of highly rated financial institutions.

Company Information

Company

Methanex Corporation

Location

Vancouver, British Columbia, Canada

About

Methanex is a Vancouver-based, publicly traded company and is the world’s largest producer and supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “MX” and on the Nasdaq Stock Market in the United States under the trading symbol “MEOH”.

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