Navios Maritime Partners (NMM) Announces 4.5M Common Unit Offering
Tweet
Share
E-mailGet Alerts NMM Hot Sheet
Join SI Premium – FREE
Navios Maritime Partners L.P. (NYSE: NMM) announced today that it plans to offer 4,500,000 common units representing limited partnership interests in a public offering. Navios Partners expects to grant the underwriters a 30-day option to purchase an additional 675,000 common units to cover over-allotments, if any.
Navios Partners expects to use the net proceeds from the public offering to fund its fleet expansion and/or for general partnership purposes.
The joint book-running managers for this offering are Citi, J.P. Morgan and BofA Merrill Lynch and the manager is S. Goldman Capital LLC.
Navios Partners expects to use the net proceeds from the public offering to fund its fleet expansion and/or for general partnership purposes.
The joint book-running managers for this offering are Citi, J.P. Morgan and BofA Merrill Lynch and the manager is S. Goldman Capital LLC.
Create E-mail Alert Related Categories
Equity OfferingsRelated Entities
JPMorgan, Citi, Merrill Lynch, Bank of AmericaSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
