Methanex announces senior unsecured note offering valued at US$700M

Date Closed

September 12, 2019

Lead Office



700.00 Million USD

On September 12, 2019 Methanex Inc. completed its offering of US$700 million in aggregate principal amount of 5.250% senior notes due December 15, 2029. The notes will be issued at a price of 99.969% of the aggregate principal amount, with an effective yield to maturity of 5.255%.

Methanex intends to use the proceeds from this offering to fund debt repayments, expenses related to plant construction and maintenance, and general corporate purposes.

Methanex is the world’s largest producer and supplier of methanol to major international markets in North America, Asia Pacific, Europe and South America. 

McCarthy Tétrault advised Methanex as Canadian counsel with a team led by Robin Mahood and Linda Brown that included Bosa Kosoric, Glynnis Morgan, Liezl Behm and Jeremy Ho.