Navios Maritime Partners L.P. (NMM) announced that it plans to offer 4 million common units representing limited partnership interests in a public offering. Navios Partners expects to grant the underwriters a 30-day option to purchase an additional 600 thousand common units to cover over-allotments, if any.
Navios Partners expects to use the net proceeds from the public offering to fund its fleet expansion and/or for general partnership purposes.
For comments and feedback: editorial@rttnews.com