Methanex affiliate Natgasoline prices USD 290.95 million tax-exempt bond refinancing at 4.75%
MEOH•Natgasoline prices tax-exempt bond refinancing
Methanex affiliate Natgasoline priced USD 290.95 million of tax-exempt 2026 Bonds to refinance its 2018 municipal bonds.
- The 2026 Bonds carry a 4.75% coupon.
- They have a mandatory tender on Aug. 1, 2036 and a final maturity on Aug. 1, 2046.
- Proceeds will repay the USD 290.95 million 2018 Bonds, which mature in 2031.
- The refinancing defers mandatory amortization payments, freeing operating cash flow flexibility for potential deleveraging.
- Closing is expected on or about Aug. 28, 2026, subject to customary conditions.
