Methanex Corporation (MEOH), a producer and supplier of methanol, Tuesday said its unit Methanex US Operations Inc. has launched a private offering of $500 million of unsecured notes due 2032.
Methanex intends to use the net proceeds from the offering to fund its acquisition of OCI Global's international methanol business.
The company added that the notes will be subject to a special mandatory redemption if either the OCI Acquisition is not completed within the stipulated time or Methanex calls off the acquisition.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.