June 25, 2020 |
Uruguay's Navios Logistics, an affiliate of the shipping company Navios Maritime Holdings, said Wednesday that it sold $500 million worth of five-year notes through a private offering with unnamed investors.
The new 2025 notes priced with a coupon of 10.75%, the company said in a securities filing. It added that it expects to settle the transaction on July 8.
The bookrunners for the five-year non-call two notes were Bank of America, Morgan Stanley, Deutsche Bank and Jefferies, according to a sou
Uruguayan shipping company issues new 2025 notes to redeem its 2022 bonds and pay off a loan