Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) on April 15 announced the preliminary results of its previously launched exchange offer (the “Series G ADS Exchange Offer”) to exchange cash and/or newly issued 9.75% Senior Notes due 2024 (the “Notes”) for approximately 66 2/3% of the outstanding American Depositary Shares, representing 1/100th of a share of 8.75% Series G Cumulative Redeemable Perpetual Preferred Stock (the “Series G ADSs”).
The Series G ADS Exchange Offer...
https://container-news.com/navios-holdings-announces-preliminary-results-launched-exchange-offer/