Navios Maritime Partners L.P. Announces Closing of a $250.0 Million Term Loan B

Piraeus, Greece, June 28, 2013

Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM), an owner and operator of dry cargo vessels, announced today the closing of a 5-year $250.0 million Term Loan B facility, secured by first priority mortgages covering certain vessels owned by subsidiaries of Navios Partners, in addition to other collateral, and guaranteed by each subsidiary of Navios Partners.

The Term Loan B facility was priced at LIBOR + 425 basis points. Navios Partners intends to use the net proceeds of the Term Loan B facility to repay existing indebtedness and complete the previously announced acquisition of four new vessels.

Morgan Stanley Senior Funding, Inc., J.P. Morgan Securities LLC and Citigroup Global Markets Inc. acted as joint lead arrangers and joint book-runners for the syndication of the Term Loan B facility. S. Goldman Advisors, LLC, ABN AMRO Capital USA LLC, BNP Paribas Securities Corp., Credit Agricole Corporate and Investment Bank, Deutsche Bank Securities Inc. and DVB Capital Markets LLC acted as co-arrangers.

About Navios Maritime Partners L.P.
Navios Partners (NYSE: NMM) is a publicly traded master limited partnership which owns and operates dry cargo vessels. For more information, please visit our website at www.navios-mlp.com.

Navios Maritime Partners L.P. press release