Business Context and Reporting Period
This Form 6-K filing by Navios Maritime Partners L.P. is dated August 19, 2014, and signed on September 11, 2014. The report discloses a corporate action involving two wholly-owned subsidiaries, Limestone Shipping Corporation and Fairy Shipping Corporation.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt levels, or liquidity metrics. The document focuses exclusively on a legal amendment to an existing credit facility.
Material Changes
On August 19, 2014, Limestone Shipping Corporation and Fairy Shipping Corporation entered into a guarantor joinder agreement. This action added both subsidiaries as guarantors of the obligations of the Borrowers (Navios Partners and Navios Partners Finance (US) Inc.) under the Credit Agreement dated June 27, 2013, as amended.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The information is incorporated by reference into the Registration Statement on Form F-3, File No. 333-192176.
Investor Verification Checklist
- Verify the total outstanding principal and terms of the Credit Agreement dated June 27, 2013, including Incremental Amendments No. 1 and No. 2.
- Confirm the specific assets or vessels owned by Limestone Shipping Corporation and Fairy Shipping Corporation that are now subject to the guarantee.
- Review the Registration Statement on Form F-3 (File No. 333-192176) for the full context of the credit facility.