Report of Foreign Issuer (6-k)
July 13 2020 - 6:05AM
Edgar (US Regulatory)
UNITED STATES
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: July 10, 2020
Commission File No. 001-33311
NAVIOS MARITIME HOLDINGS INC.
7 Avenue de
Grande Bretagne, Office 11B2
Monte Carlo, MC 98000 Monaco
(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 ☒ Form 40-F ☐
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 ☐ No ☒
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 ☐ No ☒
Explanatory Note
On April 24, 2020, Navios Maritime Holdings Inc. (Navios Holdings) entered into an amendment agreement in respect of the
$70.0 million loan (the Loan) with Navios South American Logistics Inc. (Navios Logistics) to amend the interest payment dates in respect of the Loan.
On June 24, 2020, Navios Holdings entered into a deed of assignment and assumption among Navios Logistics, Grimaud Ventures S.A.
(Grimaud), and Anemos Maritime Holdings Inc. in respect of the Loan, in which Navios Logistics assigned its legal and beneficial right, title and interest in the Loan to Grimaud.
On June 25, 2020, Navios Holdings entered into an amendment agreement in respect of the Loan to amend the interest payment date in
respect of the Loan and to allow a portion of the total interest payable in respect of the Loan to be effected in common shares of Navios Holdings.
On July 10, 2020, Navios Holdings issued 2,414,263 shares of common stock to Grimaud in satisfaction of the interest payable in respect
of the Loan.
Copies of the agreements are furnished as Exhibit 10.1, 10.2 and 10.3 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 HOLDINGS INC.
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By:
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/s/ Angeliki Frangou
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Angeliki Frangou
Chief Executive
Officer
Date: July 10, 2020
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