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Methanex Corporation: Update following placement of ratings under revi...

Our credit view of this issuer reflects the cyclical nature of methanol demand, its natural gas supply issues at various plants and its single commodity exposure.

Moody's Ratings places Methanex's ratings under review for downgrade

Moody's Ratings (Moody's) placed Methanex Corporation's (Methanex) ratings on review for downgrade, including the Ba1 corporate family rating, Ba1-PD probability of default rating, (P)Ba1 senior unsecured shelf rating, and Ba1 senior unsecured notes rating. The SGL-1 Speculative Grade Liquidity Rati...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Methanex Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 26 June 2024 in which we reassessed the appropriateness of the ratings in the context ...

Moody's says Geismar 3 delay is credit negative

Moody's Investors Service ("Moody's") says that Methanex Corporation's ("Methanex", Ba1 stable) announcement that commercial production tied to its new methanol plant, Geismar 3 (G3), would be delayed possibly until the end of Q3 2024 is credit negative. The postponement will keep financial leverage...

Methanex Corporation: Geismar 3 delay will weigh on free cash flow, ke...

The G3 setback limits near-term flexibility to navigate other operational mishaps, unfavorable regional developments or pricing pressures.

Methanex Corporation: Update to credit analysis

Our credit view of this issuer reflects its status as a global leader for methanol production and its geographic diversification, constrained by its single commodity exposure.

Methanex Corporation: Update to credit analysis

Our credit view of this issuer reflects its status as a global leader for methanol production and its geographic diversification, against its commodity concentration and volatile cash flow.

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