Navios Partners Raising Funds for Vessel Acquisitions

Greek ship owner and operator Navios Maritime Partners is selling common units to raise USD 35 million for general working capital purposes, including vessel acquisitions.

The company has agreed with investors to sell some 18.4 million common units for in a registered direct offering at USD 1.90 per common unit.

Navios Partners informed that this includes the sale of around USD 5 million of common units to Navios Maritime Holdings Inc.

The company estimates that the net proceeds from the offering will be about USD 33.3 million after deducting estimated offering expenses and placement agent fees.

The public offering is expected to close on or about February 21.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >

MARITIME INDUSTRY 2020

The future of the maritime sector is the point of focus during Maritime Industry 2020.

read more >