Methanex Renews and Adds New Tranche to Revolving Credit Facility [Financial Post (Toronto, Ontario, Canada)]
Methanex Corporation (MEOH)
Last methanex corporation earnings: 1/29 05:01 pm
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Source: Financial Post
VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) — Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has renewed its US$300 million revolving credit facility, which replaces the Company's existing revolving facility, and added an additional US$200 million tranche. The facility has been arranged with a syndicate of banks and will expire April 24, 2028 with the US$200 million tranche expiring April 24, 2026. RBC Capital Markets was the Arranger for the facility. Article content Rich Sumner, President and CEO, commented “Our credit facility renewal underscores our dedication to a prudent and robust financial strategy. This additional financial capacity provides us with increased flexibility to manage our business and is an example of our commitment to maintain ample liquidity and financial flexibility across the methanol price cycle, ensuring a resilient balance sheet.” Article content Methanex is a Vancouver-based, publicly traded company and is th
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MEOH
News
- Did Methanex Corporation Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate – MEOHAccesswire
- Methanex Corporation (NASDAQ:MEOH) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Methanex Co. (NASDAQ: MEOH) had its price target raised by analysts at Scotiabank from $54.00 to $58.00. They now have a "sector outperform" rating on the stock.MarketBeat
- Methanex Co. (NASDAQ: MEOH) had its price target raised by analysts at Royal Bank of Canada from $45.00 to $50.00. They now have a "sector perform" rating on the stock.MarketBeat
- Methanex Reports on Annual General Meeting of Shareholders and Welcomes Roger Perreault to Its Board of Directors [Yahoo! Finance]Yahoo! Finance
MEOH
Earnings
- 4/24/24 - Beat
MEOH
Sec Filings
- 4/25/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/24/24 - Form 6-K
- MEOH's page on the SEC website