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


Grand Cayman, Cayman Islands - July 26, 2021


Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE: NM), 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.

About Navios Holdings
Navios Maritime Holdings Inc. (NYSE: NM) is a global seaborne shipping and logistics company focused on the transport and transshipment of dry bulk commodities including iron ore, coal and grain.

For more information about Navios Holdings, please visit our website: www.navios.com.

Navios Maritime Holdings Inc. press release