Navios Maritime Containers files for a $100 million IPO

Angeliki Frangou

Navios Maritime Containers LP, a Monaco-based container ship company formed by Navios Holdings, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Monte Carlo, Monaco-based company was founded in 2017 and booked $69 million in sales for the 12 months ended March 31, 2018.

It plans to list on the Nasdaq but has not disclosed a symbol. J.P. Morgan, BofA Merrill Lynch, Citi and Clarksons Platou Securities are the joint bookrunners on the deal. No pricing terms were disclosed.

Source: Renaissance Capital

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