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Navios Maritime calls another $20 million 11¼% secured notes due 2022
Chicago, Sept. 14 – Navios Maritime Holdings Inc. sent a notice of redemption for $20 million more 11¼% senior secured notes due 2022, according to a press release.
The notes will be redeemed at par, plus interest, to the redemption date on Sept. 24.
Following the redemption, there will be $165 million of the notes outstanding.
Navios is a Monaco-based shipping company focused on dry bulk commodities including iron ore, coal and grain.
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