Methanex Renews and Adds New Tranche to Revolving Credit Facility
25 4월 2024 - 6:00AM
Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it
has renewed its US$300 million revolving credit facility, which
replaces the Company’s existing revolving facility, and added an
additional US$200 million tranche. The facility has been arranged
with a syndicate of banks and will expire April 24, 2028 with the
US$200 million tranche expiring April 24, 2026. RBC Capital Markets
was the Arranger for the facility.
Rich Sumner, President and CEO, commented "Our
credit facility renewal underscores our dedication to a prudent and
robust financial strategy. This additional financial capacity
provides us with increased flexibility to manage our business and
is an example of our commitment to maintain ample liquidity and
financial flexibility across the methanol price cycle, ensuring a
resilient balance sheet."
Methanex is a Vancouver-based, publicly traded
company and is the world’s largest supplier of methanol to major
international markets. Methanex shares are listed for trading on
the Toronto Stock Exchange in Canada under the trading symbol “MX”
and on the NASDAQ Global Market in the United States under the
trading symbol “MEOH”. Methanex can be visited online at
www.methanex.com.
Inquiries:Sarah HerriottDirector, Investor
RelationsMethanex Corporation604-661-2600 or Toll Free:
1-800-661-8851www.methanex.com
Methanex (NASDAQ:MEOH)
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