Navigator Holdings Ltd. – Fixed Income Investor Calls

Navigator Holdings Ltd. – Fixed Income Investor Calls

 August 19, 2020 – Navigator Holdings Ltd. (NYSE: NVGS) has mandated Nordea, Pareto Securities and Clarksons Platou Securities AS as Global Coordinators and Joint Lead Bookrunners and Credit Agricole Corporate and Investment Bank and SEB as Joint Lead Bookrunners to arrange a series of fixed income investor calls commencing on August 20, 2020. Subject to inter alia market conditions, a USD denominated senior unsecured bond issue may follow.

In conjunction with the potential bond issue, the company may consider a conditional buyback of NAVIG02 (ISIN: NO0010785959) maturing 10 February 2021. The proceeds from the potential bond issue will be used for refinancing of NAVIG02 and for general corporate purposes.

This press release is neither an offer to sell nor a solicitation of an offer to buy any of the bonds or any other security of Navigator Holdings Ltd. The bonds have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act), or any state securities laws. Unless so registered, the bonds may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.

About Us

Navigator Holdings Ltd. is the owner and operator of the world’s largest fleet of handysize liquefied gas carriers and a global leader in the seaborne transportation of petrochemical gases, such as ethylene and ethane, liquefied petroleum gas (“LPG”) and ammonia and owns a 50% share, through a joint venture in an ethylene export marine terminal at Morgan’s Point, Texas on the Houston Ship Channel, USA. Navigator’s fleet consists of 38 semi- or fully-refrigerated liquefied gas carriers, 14 of which are ethylene and ethane capable. The Company plays a vital role in the liquefied gas supply chain for energy companies, industrial consumers and commodity traders, with our sophisticated vessels providing an efficient and reliable ‘floating pipeline’ between the parties. We continue to build strong, long-term partnerships based on mutual trust, our depth of technical expertise and a modern versatile fleet.

For further information, please contact:

Niall Nolan, CFO

+44 (0) 7958 910812