Methanex Secures Financing for Major Acquisition

Methanex (TSE:MX) has released an update.

Methanex Corporation has successfully secured financing for its $2.05 billion acquisition of OCI Global’s methanol business. The financing includes up to $650 million in term loans and $600 million in revolving credit, demonstrating strong support from financial institutions. This strategic move reinforces Methanex’s position as the world’s largest supplier of methanol.

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