Cahill Represents Initial Purchasers in $610 Million Notes Offering by Navios
Date: 11/13/13
Cahill represented Morgan Stanley, J.P. Morgan, and Deutsche Bank Securities as joint book-running managers and the co-managers in connection with the offering of $610,000,000 aggregate principal amount of 8.125% First Priority Ship Mortgage Notes due 2021 by Navios Martime Acquisition Corporation. Navios owns and operates a fleet of crude oil, refined petroleum product and chemical tankers. Proceeds from the offering will be used to refinance existing indebtedness and for general corporate purposes.