Navios Holdings: Redemption of $100 Million of 11.25% Senior Secured Notes due 2022


Navios Holdings, a global seaborne shipping and logistics company, announced that on July 23, 2021, the Company completed the redemption of an aggregate principal amount of $100,000,000 of the 11.25% Senior Secured Notes due 2022 at a redemption price equal to 100.00% of the aggregate principal amount thereof, plus accrued and unpaid interest to, but excluding, the redemption date.

All of the redeemed Notes were cancelled. After the redemption, $205,000,000 in aggregate principal amount of Notes remain outstanding.