Home Hellenic Shipping News Navios Maritime Holdings Inc. Announces Redemption of $100.0 Million of 11.25% Senior Secured Notes due 2022

Navios Maritime Holdings Inc. Announces Redemption of $100.0 Million of 11.25% Senior Secured Notes due 2022

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Navios Maritime Holdings Inc. Announces Redemption of $100.0 Million of 11.25% Senior Secured Notes due 2022

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Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, announced that on July 23, 2021, the Company completed the redemption of an aggregate principal amount of $100,000,000 of the 11.25% Senior Secured Notes due 2022 (the “Notes”) at a redemption price equal to 100.00% of the aggregate principal amount thereof, plus accrued and unpaid interest to, but excluding, the redemption date.

All of the redeemed Notes were cancelled. After the redemption, $205,000,000 in aggregate principal amount of Notes remain outstanding.
Source: Navios Maritime Holdings



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