Methanex (MEOH) said late Tuesday its Methanex US Operations unit priced a private offering of $600 million of 6.25% senior unsecured notes due 2032 at 99.289% of the principal amount, with a 6.375% effective yield to maturity.
The offering was upsized from the planned $500 million, the company said.
The company expects the offering to close on or about Nov. 22 and plans to use the net proceeds to help fund its acquisition of OCI Global's international methanol business and for general corporate purposes.
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