Methanex Corporation enters into an amended and restated credit agreement with RBC, as Agent and a syndicate of Canadian and International lenders
Date Closed
April 24, 2024
Lead Office
Vancouver
On April 24, 2024, Methanex Corporation (“Methanex”), as borrower, entered into an amended and restated credit agreement along with Royal Bank of Canada, as Agent Bank, and a syndicate of Canadian and international lenders, as Lenders, to upsize the credit facilities established thereunder to a maximum authorized borrowing of US$500,000,000, to extend the maturity date of the credit facilities and to make provision for the transition to the SOFR and CORRA reference rates.
Methanex Corporation is a Canadian company that supplies, distributes and markets methanol worldwide.
McCarthy Tétrault assisted Methanex with a team that was led by Linda Brown and Liezl Behm and that included Josh Friedman (Financial Services).