Methanex extends and increases credit facility Methanex Corporation announced that it has finalized a new $400M revolving credit facility with a syndicate of banks. The new facility expires in December 2016 and replaces the company's existing revolving facility, which would have expired in mid-2015. RBC Capital Markets Inc. was the Arranger for the facility. strength attributed to takeover speculation
News For MEOH From The Last 14 Days
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Methanex initiated with a Buy at Citigroup Citigroup expects methanol producers to benefit from an improved outlook in 2015 as new methanol-to-olefins capacity in China ramps up. The firm started shares of Methanex with a Buy rating and $82 price target.