Navios Maritime Partners L.P. Announces Repayment of its Term Loan B
Navios Maritime Partners LP Common Units Representing Limited Partner Interests (NMM)
Last navios maritime partners lp common units representing limited partner interests earnings: 2/10 07:34 am
Check Earnings Report
US:NYSE Investor Relations:
navios-mlp.irwebpage.com
Company Research
Source: GlobeNewswire
MONACO, Oct. 15, 2019 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo vessels, announced the repayment of its Term Loan B on October 10, 2019. Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners stated, “We are pleased with the refinancing of the Term Loan B as we devoted a great deal of effort to achieving this result. Through a combination of cash, commercial bank debt and sale and leaseback transactions, we materially reduced our cost of capital and strengthened our balance sheet.” The outstanding balance of the Term Loan B at December 31, 2018 was $418.5 million and was repayable in September 2020. Navios Partners funded the refinancing as follows: 1) $301.3 million financing from commercial banks, with average (a) amortization profile of 7.1 years (17.2 years on an age-adjusted basis), (b) annual interest of LIBOR plus 290 bps, and (c) maturity of 4.6 years; 2) $49.5 m
Show less
Read more
Impact Snapshot
Event Time:
NMM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NMM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NMM alerts
High impacting Navios Maritime Partners LP Common Units Representing Limited Partner Interests news events
Weekly update
A roundup of the hottest topics
NMM
News
- Navios Maritime Partners L.P. Announces Availability of Its Form 20-F for the Year Ended December 31, 2023GlobeNewswire
- Recent Price Trend in Navios Maritime Partners (NMM) is Your Friend, Here's Why [Yahoo! Finance]Yahoo! Finance
- Is Navios Maritime Partners (NMM) Outperforming Other Transportation Stocks This Year? [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy Navios Maritime Partners (NMM) Stock? [Yahoo! Finance]Yahoo! Finance
- Are You Looking for a Top Momentum Pick? Why Navios Maritime Partners LP (NMM) is a Great Choice [Yahoo! Finance]Yahoo! Finance
NMM
Earnings
- 2/13/24 - Beat
NMM
Sec Filings
- 4/3/24 - Form 20-F
- 3/6/24 - Form SC
- 2/13/24 - Form SC
- NMM's page on the SEC website