OCI Global Completes Sale of OCI Methanol to Methanex Corporation
07.08.2025 - 18:07:11
OCI Global ("OCI") announces successful completion of the sale of 100% of its equity interests in its Global Methanol Business ("OCI Methanol") to Methanex Corporation (TSX: MX) (Nasdaq: MEOH) ("Methanex"), (the "Transaction).The Transaction was valued at USD 1.6 billion on a cash-free debt-free basis comprising approximately USD 1.3 billion of cash, and the issuance of 9.9 million common shares of Methanex ("Methanex Shares"), valued at USD 346 million.OCI intends to launch the tender offer for its USD 600 million 6.700 per cent Notes due 2033 within five business days of the closing of the Transaction.OCI intends to return a further up to USD 1 billion through multiple channels of distribution during 2025 and early 2026. and once filed, a copy report can also be obtained by contacting OCI (see details below).
Contact Details
Sarah Rajani CFA
Global Vice President Investor Relations & Communications
Email: sarah.rajani@oci-global.com
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