1. Home
  2. Maritime industry news - PortNews
  3. Navios Maritime Containers announces closing of $50.3 mln private placement and acquisition of five container vessels

2017 June 9   14:04

Navios Maritime Containers announces closing of $50.3 mln private placement and acquisition of five container vessels

Navios Maritime Containers Inc., a growth vehicle dedicated to the container sector, has closed the  previously announced private placement and the acquisition  of five container vessels  and rights to the remaining fleet of Rickmers Maritime  Trust Pte. , the company said in its press release. 

Private Placement  Navios Containers issued approximately 10 m illion shares for $50.3  million of gross  proceeds at a subscription price of $5.00 per share. Navios Maritime Partners L.P.  (“Navios Partners”) invested $30.0 million a nd received about 60% of the equity, and  Navios Maritime Holdings Inc. invested $5.0 million and received  about 10% of the equity of Navios Containers.

Each of Navios Partners and Navios Holdings also received warrants, with a five-year term, for 6.8% and 1.7% of the equity,  respectively. Fearnley Securities acted as the sole lead manager for the private placement and S. Goldman Advisors LLC acted as structuring advisor.

News 2025 January 15

2025 January 14

2025 January 13