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A Friendly Banker – Navios Amends Note

Earlier this week Navios Maritime Acquisition Corporation and its parent, Navios Maritime Holdings Inc. (“Navios”) entered into a letter agreement amending the $40 million credit facility provided by Navios. Under the terms of the agreement, Navios agreed to extend the maturity date of the loan from April 1, 2012 to December 31, 2014 with consideration being a fee of $400,000.

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