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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 7/26/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Navios Maritime redeems $100 million 11¼% secured notes due 2022

By Rebecca Melvin

Concord, N.H., July 26 – Navios Maritime Holdings Inc. redeemed $100 million of its 11¼% senior secured notes due 2022 on July 23 at par plus accrued interest to but excluding the redemption date, according to a company release.

The redeemed notes were cancelled, leaving $205 million principal amount of the 2022 notes remaining outstanding.

Navios is a Monaco-based shipping company focused on dry bulk commodities including iron ore, coal and grain.


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