Navios South American Logistics Inc. Announces Closing of $90 Million 9 1/4% Senior Notes Due 2019

Navios South American Logistics Inc. Announces Closing of $90 Million 9 1/4% 
Senior Notes Due 2019 
MONTEVIDEO, URUGUAY -- (Marketwire) -- 03/15/13 --  Navios South
American Logistics Inc. ("Navios Logistics") announced that it and
Navios Logistics Finance (US) Inc., its wholly owned finance
subsidiary, completed the sale of $90 million of 9 1/4% senior notes
due 2019 (the "Notes"). The Notes were offered and sold in the United
States only to qualified institutional buyers pursuant to Rule 144A
under the Securities Act of 1933, as amended (the "Securities Act"),
and in offshore transactions to non-United States persons in reliance
on Regulation S under the Securities Act.  
The terms of the Notes are identical to the $200 million of notes
issued in April 2011 (the "Existing Notes"). Each of Navios
Logistics' direct and indirect subsidiaries that guarantee the
Existing Notes guarantee the Notes. The Notes and the Existing Notes
are treated as a single class for all purposes under the indenture
(including, without limitation, waivers, amendments, redemptions and
other offers to purchase) and the Notes rank equally with the
Existing Notes. Because nearly all of the Existing Notes are now
unrestricted, the Notes and the Existing Notes will initially have
different CUSIP numbers. Following the consummation of the exchange
offer for the Notes, it is expected that the Notes exchanged in the
exchange offer and nearly all of the Existing Notes will have the
same CUSIP number.  
The Notes and related guarantees have not been registered under the
Securities Act or the securities laws of any other jurisdiction and
may not be offered or sold in the United States or to or for the
benefit of U.S. persons unless so registered except pursuant to an
exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act and applicable securities laws in
other jurisdictions. This press release shall not constitute an offer
to sell or the solicitation of an offer to buy the Notes and the
related guarantees, nor shall there be any sale of the Notes and the
related guarantees in any jurisdiction in which such offer,
solicitation or sale is unlawful. Any offer of the Notes and related
guarantees will be made only by means of a private offering
memorandum. This press release is being issued pursuant to and in
accordance with Rule 135c under the Securities Act.  
About Navios South American Logistics Inc. 
 Navios South American
Logistics Inc. ("Navios Logistics") is one of the largest logistics
companies in the Hidrovia region of South America, focusing on the
Hidrovia region river system, the main navigable river system in the
region, and on cabotage trades along the eastern coast of South
America. Navios Logistics serves the storage and marine
transportation needs of its petroleum, agricultural and mining
customers through its port terminal, river barge and coastal cabotage
Forward-Looking Statements - Safe Harbor 
 This press release
contains forward-looking statements (as defined in Section 27A of the
Securities Act, and Section 21E of the Securities Exchange Act of
1934, as amended) concerning future events and Logistics'
subsidiaries. Words such as "expects," "intends," "plans,"
"believes," "anticipates," "hopes," "estimates," and variations of
such words and similar expressions are intended to identify
forward-looking statements. Such statements include comments
regarding completion of the offering. Although Navios Logistics
believes that the expectations reflected in such forward-looking
statements are reasonable, no assurance can be given that such
expectations will prove to have been correct. These statements
involve known and unknown risks and are based upon a number of
assumptions and estimates which are inherently subject to significant
uncertainties and contingencies, many of which are beyond the control
of Navios Logistics, including market conditions. Actual results may
differ materially from those expressed or implied by such
forward-looking statements. Navios Logistics expressly disclaims any
obligations or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in Navios Logistics' expectations with respect
thereto or any change in events, conditions or circumstances on which
any statement is based.  
Navios South American Logistics Inc. 
Press spacebar to pause and continue. Press esc to stop.