Methanex to redeem $300M of 2027 senior notes
Methanex will redeem US$300 million of its 5.125% notes due 2027, citing strong cash generation and balance sheet objectives.
Rhea-AI Filing Summary
Methanex Corporation (MEOH) plans to redeem US$300 million of its outstanding 5.125% senior notes due October 15, 2027 under a partial redemption. The redemption date is October 19, 2026. Management links this action to strong cash generation and a commitment to its balance sheet leverage target.
Positive
- Methanex is reducing debt by US$300 million through a partial redemption of its 5.125% senior notes due 2027, which aligns with its stated balance sheet leverage target.
- The CEO attributes the redemption to a strong cash position and cash flow generation capability, supported by tight methanol markets and a strengthened asset base.
Negative
- None.
Filing Explained
Methanex has issued a notice to redeem
Key Figures
Partial redemption amount: US$300 million
Coupon rate of senior notes: 5.125%
Maturity date of notes: October 15, 2027
+2 more
5 metrics
Partial redemption amount
US$300 million
Portion of outstanding 5.125% senior notes to be redeemed
Coupon rate of senior notes
5.125%
Interest rate on senior notes due October 15, 2027
Maturity date of notes
October 15, 2027
Stated maturity of the 5.125% senior notes
Redemption date
October 19, 2026
Date set for the US$300 million partial note redemption
Announcement date
September 21, 2026
Date Methanex announced the partial note redemption
Key Terms
partial redemption, senior notes, forward-looking statements, balance sheet leverage target, +1 more
5 terms
partial redemption financial
"announced today that it has issued a notice of partial redemption for US$300 million"
Partial redemption is when an issuer repays only a portion of a debt or redeemable security issue—such as bonds, notes, or preferred shares—rather than the entire outstanding amount. It matters to investors because it changes the size of their holding and future cash flows: some holders receive cash for the redeemed portion while remaining investors retain a smaller, unchanged instrument, similar to trimming part of a loan and leaving the rest on the original terms.
senior notes financial
"US$300 million of its outstanding 5.125% senior notes due October 15, 2027"
Senior notes are a type of loan that a company borrows from investors, promising to pay it back with interest. They are called "senior" because in case the company faces financial trouble, these lenders are paid back before others. This makes senior notes safer for investors compared to other types of loans or bonds.
forward-looking statements regulatory
"This news release contains certain forward-looking statements, or forward-looking information"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
balance sheet leverage target financial
"aligned with our commitment to progress towards our stated balance sheet leverage target"
financial markets financial
"risks relating to conditions in the financial markets and other risk factors"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What debt action did Methanex (MEOH) announce in this 6-K?
Methanex announced a partial redemption of US$300 million of its outstanding 5.125% senior notes due October 15, 2027, with a redemption date of October 19, 2026.
What notes are being partially redeemed by Methanex (MEOH)?
Methanex will redeem US$300 million of its 5.125% senior notes due October 15, 2027. These are senior unsecured notes, and the redemption is described as a partial, not full, redemption.
When is the redemption date for Methanex’s 2027 senior notes?
The redemption date for the partial redemption of Methanex’s 5.125% senior notes due 2027 is October 19, 2026, following the notice issued and announced on September 21, 2026.
How large is Methanex’s partial 2027 note redemption?
The company plans to redeem US$300 million of its outstanding 5.125% senior notes due October 15, 2027. The announcement describes this as a partial redemption, not a full payoff of the series.
Why does Methanex say it can redeem US$300 million of notes?
Methanex’s CEO states the redemption is supported by the company’s strong cash position and cash flow generation capability, driven by tight global methanol market conditions and production from a significantly strengthened asset base.
How does the note redemption relate to Methanex’s leverage target?
Management states that the US$300 million partial redemption of the 5.125% senior notes due 2027 is aligned with Methanex’s commitment to progress towards its stated balance sheet leverage target.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF SEPTEMBER 2026
COMMISSION FILE NUMBER 000-20115
METHANEX CORPORATION
(Registrant’s name)
SUITE 1800, 200 BURRARD STREET, VANCOUVER, BC V6C 3M1 CANADA
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F o | Form 40-F þ | |||||||
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
NEWS RELEASE
Methanex Corporation
1800 - 200 Burrard St.
Vancouver, BC Canada V6C 3M1
Investor Relations: 604-661-2600
Toll-Free: 1-800-661-8851
http://www.methanex.com
For immediate release
September 21, 2026
METHANEX ANNOUNCES US$300 MILLION PARTIAL 2027 NOTE REDEMPTION
VANCOUVER, British Columbia (September 21, 2026) – Methanex Corporation (the “Company” or “Methanex”) (TSX: MX) (Nasdaq: MEOH) announced today that it has issued a notice of partial redemption for US$300 million of its outstanding 5.125% senior notes due October 15, 2027. The redemption date is October 19, 2026.
Rich Sumner, President and CEO, Methanex Corporation, stated, “Today’s announcement is underpinned by the company’s strong cash position and cash flow generation capability, resulting from continued tight global methanol market conditions combined with production from our significantly strengthened asset base, and is aligned with our commitment to progress towards our stated balance sheet leverage target.”
ABOUT METHANEX
Methanex is a Vancouver-based, publicly traded company and is the world’s largest supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “MX” and on the Nasdaq Stock Market in the United States under the trading symbol “MEOH”. Methanex can be visited online at www.methanex.com.
FORWARD-LOOKING INFORMATION WARNING
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 “will” or other comparable terminology and similar statements of a future or forward-looking nature identify forward-looking statements.
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’s 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’s Discussion and Analysis and Second Quarter 2026 Management’s Discussion and Analysis and in our public filings with Canadian securities administrators and the U.S. Securities and Exchange Commission.
Readers are cautioned not to place undue reliance on forward-looking statements. They are not a substitute for the exercise of one’s 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.
-end-
Inquiries:
Robert B. Winslow, CFA
Vice President, Investor Relations
Methanex Corporation
604-661-2600 or Toll Free: 1-800-661-8851
www.methanex.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
METHANEX CORPORATION | ||||||||||||||
| Date: September 21, 2026 | By: | /s/ KEVIN PRICE | ||||||||||||
| Name: | Kevin Price | |||||||||||||
| Title: | SVP, General Counsel & Corporate Secretary | |||||||||||||