Press Releases September 21, 2026 06:55 AM

Methanex Announces US$300 Million Partial 2027 Note Redemption

Methanex announces a $300 million partial redemption of 2027 senior notes, signaling strong cash flow and balance sheet progress.

By Caleb Monroe
Share
Twitter Reddit Facebook LinkedIn
MEOH

Methanex Corporation has issued a notice to redeem $300 million of its 5.125% senior notes due in October 2027, reflecting the company's strong cash position and cash flow driven by tight methanol market conditions and strengthened production assets. The move aligns with Methanex's commitment to reduce balance sheet leverage.

Methanex Announces US$300 Million Partial 2027 Note Redemption
MEOH
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • Methanex is redeeming $300 million of its outstanding 5.125% senior notes due in 2027 on October 19, 2026.
  • The redemption follows strong cash flow generation supported by tight global methanol market conditions and enhanced production capacity.
  • This financial move is aimed at progressing towards the company’s targeted leverage ratio, indicating balance sheet strength.

VANCOUVER, British Columbia, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Methanex Corporation (the “Company” or “Methanex”) (TSX: MX) (Nasdaq: MEOH) announced today that it has issued a notice of partial redemption for US$300 million of its outstanding 5.125% senior notes due October 15, 2027. The redemption date is October 19, 2026.

Rich Sumner, President and CEO, Methanex Corporation, stated, “Today’s announcement is underpinned by the company’s strong cash position and cash flow generation capability, resulting from continued tight global methanol market conditions combined with production from our significantly strengthened asset base, and is aligned with our commitment to progress towards our stated balance sheet leverage target.”

ABOUT METHANEX

Methanex is a Vancouver-based, publicly traded company and is the world’s largest supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “MX” and on the Nasdaq Stock Market in the United States under the trading symbol “MEOH”. Methanex can be visited online at www.methanex.com.

FORWARD-LOOKING INFORMATION WARNING

This news release contains certain forward-looking statements, or forward-looking information, with respect to us and our industry. These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. Statements that include the word “will” or other comparable terminology and similar statements of a future or forward-looking nature identify forward-looking statements.

Forward-looking statements, by their nature, involve risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements. Factors that may cause actual results to vary include, but are not limited to, risks relating to conditions in the financial markets and other risk factors as detailed from time to time in Methanex’s reports filed with Canadian securities administrators and the U.S. Securities and Exchange Commission. Certain of these risks are described in more detail in our 2025 Annual Management’s Discussion and Analysis and Second Quarter 2026 Management’s Discussion and Analysis and in our public filings with Canadian securities administrators and the U.S. Securities and Exchange Commission.

Readers are cautioned not to place undue reliance on forward-looking statements. They are not a substitute for the exercise of one’s own due diligence and judgment. The outcomes implied by forward-looking statements may not occur and we do not undertake to update forward-looking statements except as required by applicable securities laws.

Inquiries:
Robert B. Winslow, CFA
Vice President, Investor Relations
Methanex Corporation
604-661-2600 or Toll Free: 1-800-661-8851
www.methanex.com


Risks

  • Volatility in global methanol market conditions could impact future cash flow and ability to meet financial targets.
  • Financial market conditions may affect Methanex's capacity to manage debt and refinance obligations.
  • Forward-looking statements are subject to risks including economic uncertainties and regulatory factors that could materially impact business performance.

More from Press Releases

Axsome Therapeutics Announces Results of the Shared Goals Survey of Caregivers of Patients with Alzheimer’s Disease Agitation Presented at Psych Congress 2026 in Connection with World Alzheimer’s Day Sep 21, 2026 Seer Announces CFO Transition Sep 21, 2026 New iPhone Models Are the First Apple Devices to Operate on Dedicated Anterix 900 MHz Private Networks Sep 21, 2026 Tiziana Announces Last Patient Completes Last Visit in Phase 2a INFORM-MS Trial of Intranasal Foralumab Sep 21, 2026 New Era Energy & Digital Secures 20-Year, 207 MW PPA with Vistra Sep 21, 2026