Navios South American Logistics Announces Exchange Offer for $200.0 Million 9 1/4% Senior Notes
Wednesday, 22 February 2012 | 00:00
Navios South American Logistics Inc. announced that the Company and Navios Logistics Finance (US) Inc., its wholly owned finance subsidiary, commenced on February 17, 2012 its offer to exchange up to U.S. $200.0 million of its outstanding 9 1/4% senior notes due 2019 (the "Outstanding Notes") for a like principal amount of its 9 1/4% senior notes due 2019 (the "Exchange Notes" and, together with the Outstanding Notes, the "Notes") which have been registered under the Securities Act of 1933, as amended. The exchange offer will expire at 5:00 p.m., New York City time, on March 16, 2012, unless extended by the Company.
Navios South American Logistics Inc. ("Navios Logistics") is one of the largest logistics companies in the Hidrovia region of South America, focusing on the Hidrovia region river system, the main navigable river system in the region, and on cabotage trades along the eastern coast of South America. Navios Logistics serves the storage and marine transportation needs of its petroleum, agricultural and mining customers through its port terminal, river barge and coastal cabotage operations.
Source: Navios South American Logistics Inc.