{"id":997138,"date":"2026-08-20T17:59:23","date_gmt":"2026-08-20T21:59:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-provides-update-on-natgasoline-refinancing\/"},"modified":"2026-08-20T17:59:23","modified_gmt":"2026-08-20T21:59:23","slug":"methanex-provides-update-on-natgasoline-refinancing","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-provides-update-on-natgasoline-refinancing\/","title":{"rendered":"Methanex Provides Update on Natgasoline Refinancing"},"content":{"rendered":"<div class=\"mw_release\">\n<p>VANCOUVER, British Columbia, Aug.  20, 2026  (GLOBE NEWSWIRE) &#8212; Methanex Corporation (the \u201cCompany\u201d or \u201cMethanex\u201d) (TSX: MX) (Nasdaq: MEOH) announced today that Natgasoline LLC, a joint venture with Consolidated Energy Limited in which Methanex holds a 50% equity interest, has priced the issuance of tax-exempt bonds by Mission Economic Development Corporation with a principal amount of $290,950,000 (the \u201c2026 Bonds\u201d), a mandatory tender date of August 1, 2036, and a final maturity date of August 1, 2046. The proceeds of the issuance will be loaned to Natgasoline LLC and used to repay the existing $290,950,000 Natgasoline municipal bonds issued in 2018, which mature in 2031 (the \u201d2018 Bonds\u201d). The coupon rate on the 2026 Bonds was set at 4.75%. Closing of the bond offering is expected to occur on or about August 28, 2026, subject to customary closing conditions. The 2018 Bonds were subject to a semi-annual amortization through a sinking fund redemption initiated on October 1, 2025.<\/p>\n<p align=\"justify\">Dean Richardson, Senior Vice President, Finance and Chief Financial Officer, Methanex Corporation, stated, \u201cWe are pleased with this refinancing as it maintains a solid financial base for the Natgasoline joint venture, deferring mandatory amortization payments that were coming due. This will provide the entity with greater flexibility for the use of operating cash flows moving forward, including the potential to deleverage through the repayment of higher-cost borrowings in this entity.\u201d<\/p>\n<p align=\"justify\">\n        <strong>ABOUT METHANEX<\/strong>\n      <\/p>\n<p align=\"justify\">Methanex is a Vancouver-based, publicly traded company and is the world\u2019s largest supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol \u201cMX\u201d and on the Nasdaq Stock Market in the United States under the trading symbol \u201cMEOH\u201d. Methanex can be visited online at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=w6vTJhJZeOCyFJIPlQMEyuU3FrosOF6aIQAkgQ0ojv15FfzKkZiHQqlDwQtnbZPZt6RD2t8dnRGF8OvCRXfXf275gJkeZPqKiR5mAfau1uo=\" rel=\"nofollow\" target=\"_blank\">www.methanex.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>FORWARD-LOOKING INFORMATION WARNING<\/strong>\n      <\/p>\n<p align=\"justify\">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 \u201cexpects\u201d, \u201cwill\u201d or other comparable terminology and similar statements of a future or forward-looking nature identify forward-looking statements. More particularly and without limitation, any statement regarding Methanex\u2019s intended use of proceeds is a forward-looking statement.<\/p>\n<p align=\"justify\">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\u2019s 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\u2019s Discussion and Analysis and Second Quarter 2026 Management\u2019s Discussion and Analysis and in our public filings with Canadian securities administrators and the U.S. Securities and Exchange Commission.<\/p>\n<p align=\"justify\">Readers are cautioned not to place undue reliance on forward-looking statements. They are not a substitute for the exercise of one\u2019s 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.<\/p>\n<p>\n        <strong>Inquiries:<\/strong><br \/>\n        <br \/>Robert B. Winslow, CFA<br \/>Vice President, Investor Relations<br \/>Methanex Corporation<br \/>604-661-2600 or Toll Free: 1-800-661-8851<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=w6vTJhJZeOCyFJIPlQMEyumGS1dAM7fG0pKJCuhbQ5Sr1Moxc3WILCBM4lCrQxjAiKhuM-OqUBNmm2zabZm0D9JguGRJb1PxM4NOR7snlAI=\" rel=\"nofollow\" target=\"_blank\">www.methanex.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgxMzkzNCM3Nzg3MDQyIzIyMjM3ODQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YjkzNDRiM2YtN2ZkNS00ZWQ0LWI5YTUtZDYzZTlmZTQ2NGYxLTEyMzUzMzctMjAyNi0wOC0yMC1lbg==\/tiny\/Methanex-Corporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia, Aug. 20, 2026 (GLOBE NEWSWIRE) &#8212; Methanex Corporation (the \u201cCompany\u201d or \u201cMethanex\u201d) (TSX: MX) (Nasdaq: MEOH) announced today that Natgasoline LLC, a joint venture with Consolidated Energy Limited in which Methanex holds a 50% equity interest, has priced the issuance of tax-exempt bonds by Mission Economic Development Corporation with a principal amount of $290,950,000 (the \u201c2026 Bonds\u201d), a mandatory tender date of August 1, 2036, and a final maturity date of August 1, 2046. The proceeds of the issuance will be loaned to Natgasoline LLC and used to repay the existing $290,950,000 Natgasoline municipal bonds issued in 2018, which mature in 2031 (the \u201d2018 Bonds\u201d). The coupon rate on the 2026 Bonds was set at 4.75%. Closing &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-provides-update-on-natgasoline-refinancing\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Methanex Provides Update on Natgasoline Refinancing&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-997138","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Methanex Provides Update on Natgasoline Refinancing - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-provides-update-on-natgasoline-refinancing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Methanex Provides Update on Natgasoline Refinancing - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, Aug. 20, 2026 (GLOBE NEWSWIRE) &#8212; Methanex Corporation (the \u201cCompany\u201d or \u201cMethanex\u201d) (TSX: MX) (Nasdaq: MEOH) announced today that Natgasoline LLC, a joint venture with Consolidated Energy Limited in which Methanex holds a 50% equity interest, has priced the issuance of tax-exempt bonds by Mission Economic Development Corporation with a principal amount of $290,950,000 (the \u201c2026 Bonds\u201d), a mandatory tender date of August 1, 2036, and a final maturity date of August 1, 2046. The proceeds of the issuance will be loaned to Natgasoline LLC and used to repay the existing $290,950,000 Natgasoline municipal bonds issued in 2018, which mature in 2031 (the \u201d2018 Bonds\u201d). The coupon rate on the 2026 Bonds was set at 4.75%. 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The proceeds of the issuance will be loaned to Natgasoline LLC and used to repay the existing $290,950,000 Natgasoline municipal bonds issued in 2018, which mature in 2031 (the \u201d2018 Bonds\u201d). The coupon rate on the 2026 Bonds was set at 4.75%. 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