Methanex Announces Offering of Senior Unsecured Notes
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Methanex Corporation announced a $500 million offering of senior unsecured notes to fund its acquisition of OCI Global's methanol business.
November 19, 2024 | 1:00 pm
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Methanex is issuing $500 million in senior unsecured notes to finance its acquisition of OCI Global's methanol business.
The issuance of $500 million in notes is a strategic move to finance the acquisition of OCI Global's methanol business, which could enhance Methanex's market position and growth prospects. This is likely to be viewed positively by investors, potentially driving the stock price up in the short term.
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