e6vk
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
Dated: April
29, 2010
Commission File No. 001-33811
NAVIOS MARITIME PARTNERS L.P.
85 Akti Miaouli Street, Piraeus, Greece 185 38
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form
20-F or Form 40-F:
Form 20-F þ Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1):
Yes o No þ
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7):
Yes o No þ
Indicate by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes o No þ
If Yes is marked, indicate the file number assigned to the registrant
in connection with Rule 12g3-2(b):
N/A
On
April 29, 2010, Navios Maritime Partners L.P. (Navios) issued a press release announcing its
public offering of 4,500,000 common units. On April 30, 2010,
Navios issued a press release announcing the pricing of its follow-on
offering. A copy of the press releases are furnished as
Exhibit 99.1 and Exhibit 99.2 to this Report and are incorporated herein by reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
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NAVIOS MARITIME PARTNERS L.P. |
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By: |
/s/ Angeliki Frangou |
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Angeliki Frangou |
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Chief Executive
Officer
Date: April 30, 2010 |
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EXHIBIT INDEX
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Exhibit No. |
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Exhibit |
99.1
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Press Release dated April 29, 2010 |
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99.2
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Press Release dated April 30, 2010 |
exv99w1
Exhibit 99.1
NAVIOS MARITIME PARTNERS L.P. ANNOUNCES
PUBLIC OFFERING OF 4,500,000 COMMON UNITS
Piraeus, Greece, April 29, 2010 - Navios Maritime Partners L.P. (Navios Partners) (NYSE: NMM)
announced today that it plans to offer 4,500,000 common units representing limited partnership
interests in a public offering. Navios Partners expects to grant the underwriters a 30-day option
to purchase an additional 675,000 common units to cover over-allotments, if any. Navios Partners
expects to use the net proceeds from the public offering to fund its fleet expansion and/or for
general partnership purposes.
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 with
over 55 years of operating history in the dry bulk shipping industry.
Navios Partners common units trade on the New York Stock Exchange under the symbol NMM.
The joint book-running managers for this offering are Citi, J.P. Morgan and BofA Merrill Lynch and
the manager is S. Goldman Capital LLC.
When available, copies of the prospectus supplement and accompanying base prospectus related to
this offering may be obtained from: Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor,
Brooklyn, NY 11220 (tel: (800) 831-9146); J.P. Morgan, Attn: Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717 (tel: (866) 803-9204); BofA Merrill Lynch, 4 World Financial
Center, New York, NY 10080, Attn: Preliminary Prospectus Department or email
Prospectus.Requests@ml.com.
This news release does not constitute an offer to sell or a solicitation of an offer to buy the
securities described herein, nor shall there be any sale of these securities in any state or
jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such jurisdiction. This offering may be made only
by means of a prospectus supplement and accompanying base prospectus.
ABOUT NAVIOS MARITIME PARTNERS L.P.
Navios Maritime Partners L.P. (NYSE: NMM), a publicly traded master limited partnership formed by
Navios Maritime Holdings Inc. (NYSE: NM), is an owner and operator of dry cargo vessels.
Forward Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended)
concerning future events and Navios Partners growth strategy and measures to implement such
strategy; including expected vessel acquisitions and entering into further time charters. Words
such as expects, intends, plans, believes, anticipates, hopes, estimates, and
variations of such words and similar expressions are intended to identify forward-looking
statements. Such statements include comments regarding expected revenue and time charters.
Although the Navios Partners believes that the expectations reflected in such forward-looking
statements are reasonable, no assurance can be given that such expectations will prove to have been
correct. These statements involve known and unknown risks and are based upon a number of
assumptions and estimates which are inherently subject to significant uncertainties and
contingencies, many of which are beyond the control of Navios Partners. Actual results may differ
materially from those expressed or implied by such forward-looking statements. Factors that could
cause actual results to differ materially include, but are not limited to changes in the demand for
dry bulk vessels, competitive factors in the market in which Navios Partners operates; risks
associated with operations outside the United States; and other factors listed from time to time in
the Navios Partners filings with the Securities and Exchange Commission. Navios Partners
expressly disclaims any obligations or undertaking to release publicly any updates or revisions to
any forward-looking statements contained herein to reflect any change in Navios Partners
expectations with respect thereto or any change in events, conditions or circumstances on which any
statement is based.
Contacts
Investor Relations Contact:
Navios Maritime Partners L.P.
Nicolas Bornozis
Capital Link, Inc.
Tel. (212) 661-7566
E-mail: naviospartners@capitallink.com
exv99w2
Exhibit 99.2
NAVIOS MARITIME PARNTERS L.P. ANNOUNCES PRICING OF FOLLOW-ON OFFERING
Piraeus, Greece, April 30, 2010 Navios Maritime Partners L.P. (Navios Partners) (NYSE: NMM)
announced today that it has priced its follow-on public offering of 4,500,000 common units, which
represent limited partnership interests, at $17.84 per unit. Navios Partners has granted the
underwriters a 30-day option to purchase up to an additional 675,000 common units to cover
over-allotments, if any. Navios Partners expects to use the proceeds from the offering to fund its
fleet expansion and/or for general partnership purposes. The offering is expected to close on May
5, 2010.
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 with
over 55 years of operating history in the dry bulk shipping industry.
Navios Partners common units trade on the New York Stock Exchange under the symbol NMM.
The joint book-running managers for this offering are Citi, J.P. Morgan and BofA Merrill Lynch and
the co-managers are S. Goldman Capital LLC, Cantor Fitzgerald
& Co., DVB Capital Markets, and Knight Capital Markets LLC.
When available, copies of the prospectus supplement and accompanying base prospectus related to
this offering may be obtained from: Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor,
Brooklyn, NY 11220 (tel: (800) 831-9146); J.P. Morgan, Attn: Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717 (tel: (866) 803-9204); BofA Merrill Lynch, 4 World Financial
Center, New York, NY 10080, Attn: Preliminary Prospectus Department or email
Prospectus.Requests@ml.com.
This news release does not constitute an offer to sell or a solicitation of an offer to buy the
securities described herein, nor shall there be any sale of these securities in any state or
jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such jurisdiction. This offering may be made only
by means of a prospectus supplement and accompanying base prospectus.
ABOUT NAVIOS MARITIME PARTNERS L.P.
Navios Maritime Partners L.P. (NYSE: NMM), a publicly traded master limited partnership formed by
Navios Maritime Holdings Inc. (NYSE: NM), is an owner and operator of dry cargo vessels.
Forward Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended)
concerning future events and Navios Partners growth strategy and measures to implement such
strategy; including expected vessel acquisitions and entering into further time charters. Words
such as expects, intends, plans, believes, anticipates, hopes, estimates, and
variations of such words and similar expressions are intended to identify forward-looking
statements. Such statements include comments regarding expected revenue and time charters.
Although the Navios Partners believes that the expectations reflected in such forward-looking
statements are reasonable, no assurance can be given that such expectations will prove to have been
correct. These statements involve known and unknown risks and are based upon a number of
assumptions and estimates which are inherently subject to significant uncertainties and
contingencies, many of which are beyond the control of Navios Partners. Actual results may differ
materially from those expressed or implied by such forward-looking statements. Factors that could
cause actual results to differ materially include, but are not limited to changes in the demand for
dry bulk vessels, competitive factors in the market in which Navios Partners operates; risks
associated with operations outside the United States; and other factors listed from time to time in
the Navios Partners filings with the Securities and Exchange Commission. Navios Partners
expressly disclaims any obligations or undertaking to release publicly any updates or revisions to
any forward-looking statements contained herein to reflect any change in Navios Partners
expectations with respect thereto or any change in events, conditions or circumstances on which any
statement is based.
Contacts
Investor Relations Contact:
Navios Maritime Partners L.P.
Nicolas Bornozis
Capital Link, Inc.
Tel. (212) 661-7566
E-mail: naviospartners@capitallink.com