Mintz Levin Represents Navios Maritime Partners L.P. in $91 Million Offering
4/14/2011
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, via shelf take down, of 4,600,000 common units, raising gross proceeds of approximately $90.5 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 Wells Fargo.
Mintz Levin corporate member Ken Koch led the transaction, assisted by corporate associates Sara Felder and Garrett Johnston.
