5/5/2009
New York, NY – Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. announced that it represented Navios Maritime Partners L.P., a master limited partnership traded on the New York Stock Exchange, in the completion of its public offering of its shelf registration of 3,500,000 common units, raising gross proceeds of approximately $36 million.
Navios Maritime Partners L.P. is an international owner and operator of dry cargo vessels formed by Navios Maritime Holdings Inc., a vertically integrated seaborne shipping and logistics company.
The joint book-running managers for this offering were Citi, J.P. Morgan and Merrill Lynch & Co. and the co-managers were S. Goldman Advisors LLC and DVB Capital Markets.
Mintz Levin corporate member Kenneth Koch led the transaction, assisted by members Todd Mason, Mike Lieberman and associate Sam Effron.