Navios Maritime Holdings Inc. Reports First Quarter Revenues of $117 Million
Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, yesterday reported financial results for the first quarter ended March 31, 2021.
Angeliki Frangou, Chairman and Chief Executive Officer, stated, “I am pleased with the results for the first quarter of 2021. In the first quarter of 2021, Navios Holdings reported revenue of $117.0 million and Adjusted EBITDA of $48.4 million.”
Angeliki Frangou continued, “The global pandemic is subsiding as the vaccines rollout gathers momentum. This along with accommodative policy measures are propelling economic activity. The IMF recently increased its 2021 GDP growth forecast 6%, giving us optimism about demand for drybulk vessels. In fact, we are enjoying this impact in our business, with our first quarter 2021 TCE rates more than double our first quarter 2020 TCE rates and about 9% higher sequentially over fourth quarter of 2020.”
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Inspired Announces Pricing Of £235 Million Senior Secured Notes Offering
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NEW YORK, May 13, 2021 /PRNewswire/ Inspired Entertainment, Inc. ( Inspired ) (NASDAQ: INSE) announced today the pricing of its previously announced private offering of £235.0 million aggregate principal amount of its 7.875% senior secured notes due 2026 (the 2026 Senior Secured Notes ). The 2026 Senior Secured Notes will be issued by Inspired Entertainment (Financing) plc, a wholly owned finance subsidiary of Inspired, and will be guaranteed by Inspired and certain of its English and U.S. subsidiaries. The initial offering price to investors will be 100.00% of the principal amount thereof. The offering is expected to close on or about May 20, 2021, subject to customary closing conditions.
Inspired Announces £235 Million Senior Secured Notes Offering
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NEW YORK, May 10, 2021 /PRNewswire/ Inspired Entertainment, Inc. ( Inspired ) (NASDAQ: INSE) announced today the commencement of a private offering of £235.0 million aggregate principal amount of senior secured notes due 2026 (the 2026 Senior Secured Notes ). The 2026 Senior Secured Notes will be issued by Inspired Entertainment (Financing) plc, a wholly owned finance subsidiary of Inspired, and will be guaranteed by Inspired and certain of its English and U.S. subsidiaries. The offering is subject to market and other conditions, and there is no assurance that the offering will be completed or, if completed, as to the terms on which it will be completed.