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Latham & Watkins Advises the Special Committee of Navios Maritime Holdings in Connection With the Company’s US$550 Million Debt Financing
December 20, 2021
Cross-border team advises on the global seaborne shipping and logistics company’s transaction.
Navios Maritime Holdings Inc. (NYSE: NM), a global seaborne shipping and logistics company, has announced that it entered into agreements providing Navios Maritime Holdings with a total of US$550 million of debt financing.
As part of the transaction, Latham & Watkins LLP represented the special committee of Navios Maritime Holdings in connection with US$262.6 million secured loan arrangements from an affiliated lender and related unsecured convertible debentures, with a Houston-based team led by partners Nick Dhesi, Matthew Jones, and Ryan Maierson, with associates Max Fin and Daisy Clifton-Lee. Assistance was also provided by London partner Matthew Brown and associate Charlotte Hawkins.