Monaco - April 17, 2017
Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE:NM) previously launched an exchange offer (the “Exchange Offer”) to exchange newly issued shares of Common Stock of Navios Holdings, for any and all of its outstanding American Depositary Shares, each representing 1/100th of a share of either 8.75% Series G Cumulative Redeemable Perpetual Preferred Stock (the “Series G ADSs”), or 8.625% Series H Cumulative Redeemable Perpetual Preferred Stock (the “Series H ADSs”).
Exchange Offer Expiration
The Company today announced that it does not intend to extend the Expiration Date of the Exchange Offer past 11:59 p.m., New York time, on April 18, 2017 (the “Expiration Date”). Holders who wish to tender their Series G ADSs and Series H ADSs must deliver, or cause to be delivered, and not withdraw their ADSs and other required documents to the exchange agent prior to the Expiration Date.
Complete Terms and Conditions
Georgeson LLC is acting as the Information Agent for the Exchange Offer.
Bank of New York Mellon is acting as the Exchange Agent and Depository for the Exchange Offer.
The complete terms and conditions of the Exchange Offer are set forth in the offers to exchange and related letters of transmittal that were previously sent to holders of the Series G ADSs and Series H ADSs.
Copies of the offer to exchange and letters of transmittal may also be obtained from the Information Agent:
Telephone: (888) 607-9252
Copies of the offer to exchange and letters of transmittal may be found on the Company’s website at www.navios.com/exchangeoffer.
About Navios Maritime Holdings Inc.
Navios Maritime Holdings Inc. (NYSE:NM) is a global, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain. For more information about Navios Holdings please visit our website: www.navios.com.
Navios Maritime Acquisition Corporation press release