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Why is Navios Moving from Norwalk to New York City?
The simple answer is that they were spending too much time in New York raising capital and the commutation costs were becoming excessive. In the latest iteration, Navios Maritime Partners announced on Tuesday a follow-on offering of 3.5 million common units. This is its first offering of this year and follows three such offerings done last year that raised approximately $135 million.
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Tags: · Cantor Fitzgerald, Deutsche Bank, DnB NOR Markets, DVB Capital Markets, Justin Yagerman, Lazard Capital Markets, Navios Maritime Partners, S. Goldman Capital
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