4/30/2010
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 4,500,000 common units, raising gross proceeds of approximately $76.6 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 BofA Merrill Lynch, and the manager was S. Goldman Advisors LLC.
Mintz Levin corporate member Kenneth Koch led the transaction, assisted by members Todd Mason, Mike Lieberman and associate Sam Effron.