Methanex (TSE:MX) has released an update.
Methanex Corporation has announced the renewal of its $300 million revolving credit facility and the addition of a new $200 million tranche, with an arrangement led by RBC Capital Markets. The facility, which supports the company’s financial strategy, will expire in 2028, while the additional tranche will expire in 2026. Methanex, the world’s largest methanol supplier, emphasizes this move as a commitment to maintaining liquidity and financial stability through market fluctuations.
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