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investorwisdom

07/29/11 8:09 AM

#60 RE: bUrRpPPP! #59

What do you mean? It's not a offer, only a exchange Exchange of Outstanding Notes for Exchange Notes

The exchange of outstanding notes for exchange notes in the exchange offer will not be a taxable exchange for U.S. federal income tax purposes and, accordingly, for such purposes a U.S. holder will not recognize any taxable gain or loss as a result of such exchange and will have the same tax basis and holding period in the exchange notes (and, in the case of a U.S. holder that paid pre-issuance accrued interest in connection with the U.S. holder’s purchase of the outstanding notes in their original offering, the same amount of pre-issuance accrued interest in the exchange notes) as it had in the outstanding notes immediately before the exchange.
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investorwisdom

07/29/11 8:11 AM

#61 RE: bUrRpPPP! #59

Outlook is still best in the industry, Navios is one of the only companies that has the ability to reposition the debt to terms favorable to them, everyone else is given mandates by the banks but Navios acts like it is the bank! :)
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investorwisdom

07/29/11 8:11 AM

#62 RE: bUrRpPPP! #59

Outlook is still best in the industry, Navios is one of the only companies that has the ability to reposition the debt to terms favorable to them, everyone else is given mandates by the banks but Navios acts like it is the bank! :)