Methanex JV Natgasoline prices USD 290.95 million tax-exempt bond offering

Methanex disclosed Natgasoline priced USD 290.95 million of tax-exempt bonds via Mission Economic Development Corp.

• The 2026 Bonds carry a 4.75% coupon.
• They have a mandatory tender on Aug. 1, 2036, and final maturity on Aug. 1, 2046.
• Proceeds will refinance USD 290.95 million of Natgasoline municipal bonds issued in 2018, due 2031.
• Closing is expected around Aug. 28, 2026, subject to customary conditions.
• The refinancing defers upcoming amortization, boosting cash-flow flexibility at the joint venture.