Navios Maritime Partners L.P. announces closing of $100M offering

• Navios Maritime Partners L.P. (NYSE:NMM -8.3%) has closed the previously announced offering of 47,795,000 common units at $2.10 per common unit, raising approximately $100M of gross proceeds.
• Following the closing, Navios Partners will have 147,436,276 common units and 3,008,908 general partner units outstanding.
• Navios Holdings owns a 20.9% interest in Navios Partners, which includes its 2.0% general partner interest in Navios Partners.
• Fearnley Securities Inc. acted as the sole lead manager.
• Previously: Navios Maritime to sell 47.6M units in direct offering at $2.10 each (March 14)