Navios Partners: Completion of Follow-On Offering

Navios Maritime Partners L.P., an owner and operator of dry cargo vessels, announced on September 25th the completion of its follow-on public offering of 5,750,000 common units at $14.26 per unit, raising gross proceeds of $82.0 million. These figures include 750,000 units sold pursuant to the underwriters’ option, which was exercised in full.

Navios Partners’ common units trade on the New York Stock Exchange under the symbol “NMM”.

The joint book-running managers for this offering were Citigroup, Wells Fargo Securities, J.P. Morgan and Deutsche Bank Securities and the co-managers were S. Goldman Capital LLC, DVB Capital Markets, ABN AMRO, Stifel and Global Hunter Securities, LLC.

Navios Partners, September 27, 2013