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Stock Market & Financial Investment News

News Breaks
January 31, 2013
16:12 EDTNMMNavios Maritime Partners files to sell 4.25M shares of common stock
The joint book-running managers for this offering are Citigroup, Wells Fargo Securities, J.P. Morgan and RBC Capital Markets and the manager is S. Goldman Capital LLC.
News For NMM From The Last 14 Days
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February 26, 2015
09:35 EDTNMMNavios Maritime Partners acquires option to acquire on TEU container vessel
Navios Maritime Partners announced that it has secured, for no consideration, an option to acquire a 2012 South Korean-built container vessel of 13,100 TEU from an unrelated third party. The vessel is currently chartered out to a high quality counterparty for a twelve-year period ending May 2027. The main terms of the option are an acquisition price of $147.8M; latest exercise date of June 5; delivery of vessel in Q3; remaining charter duration at delivery of 12 years with Navios Partners' option to terminate after year seven; a charter rate of $60,275, net per day.

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