Navios Maritime Holdings Inc. Announces Preferred Stock Exchange Offer
(WorldNews Greece)

MONACO, March 21, 2017 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. (`Navios Holdings` or the `Company`) (NYSE:NM) announced today that it commenced an offer to exchange newly issued shares of Common Stock of Navios Holdings (`Common Stock`), for any and all outstanding American Depositary Shares, each representing 1/100 of a share of either 8.75% Series G Cumulative Redeemable Perpetual Preferred Stock (the `Series G ADSs`), or 8.625% Series H Cumulative Redeemable Perpetual Preferred Stock (the `Series H ADSs`). Offer to Purchase The Company is offering to exchange, upon the terms and subject to the conditions of the Exchange Offer, newly issued shares of Common Stock to all holders...