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Methanex to repay 5¼% notes due 2022 with proceeds of new notes
By Taylor Fox
New York, Sept. 17 – Methanex Corp. said it plans to use proceeds from an offering of new senior notes to repay its 5¼% notes due March 1, 2022, of which $250 million is outstanding.
Additional proceeds will be used for maintenance capital expenditures, working capital and other general corporate purposes, according to a news release.
The worldwide methanol supplier is based in Vancouver, B.C.
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