03.05.2013 12:49:00

Navios Maritime Holdings, Inc. -- Moody's changes outlook on Navios Holdings' B2 rating to negative from stable

Milan, May 03, 2013 -- Moody's Investors Service has today changed the outlook on the corporate family rating (CFR) of Navios Maritime Holdings, Inc. (Navios Holdings) to negative from stable. Concurrently, Moody's has affirmed Navios Holdings' B2 CFR and B2-PD Probability of Default Rating as well as the B1 rating of its senior secured notes (due in 2017) and the Caa1 rating of its senior unsecured notes (due in 2019).

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