11/18/2009
New York, NY – Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. announced that it represented Navios Maritime Partners L.P., a master limited partnership traded on the New York Stock Exchange, in the completion of its public offering of its shelf registration of 4,000,000 common units, raising gross proceeds of approximately $59.6 million.
The joint book-running managers for the offering were Citi and J.P. Morgan, and the manager was S. Goldman Advisors LLC.
Navios Maritime Partners L.P. is an international owner and operator of dry cargo vessels formed by Navios Maritime Holdings Inc., a vertically integrated seaborne shipping and logistics company.
Mintz Levin corporate members Kenneth Koch, Todd Mason, Michael Lieberman and associate Sam Effron represented Navios Maritime Partners L.P. in the transaction.