Navios Completes $105 Million Notes Offering
Date: 05/26/11
Cahill represented the initial purchasers including BofA Merrill Lynch and J.P. Morgan as joint book-running managers in the Rule 144A/Reg S offering of $105,000,000 8 5/8% First Priority Ship Mortgage Notes due 2017 by Navios Maritime Acquisition Corporation and Navios Acquisition Finance (US) Inc. The proceeds will be used to purchase a new vessel and to repay a revolving credit facility.