Navigator Holdings ( (NVGS) ) has issued an update.
On March 28, 2025, Navigator Holdings Ltd. successfully completed a US$40 million tap issue in the Nordic bond market, enhancing its financial flexibility under its existing 7.25% senior unsecured bond issue due in October 2029. This strategic move, formalized through an addendum with Nordic Trustee AS on April 2, 2025, aims to support the company’s general corporate purposes and strengthen its position in the competitive maritime industry.
More about Navigator Holdings
Navigator Holdings Ltd. operates in the maritime industry, focusing on the transportation of liquefied gases. The company provides shipping services for the petrochemical gas, liquefied petroleum gas, and ammonia sectors, positioning itself as a key player in the global gas shipping market.
YTD Price Performance: -13.73%
Average Trading Volume: 229,822
Technical Sentiment Signal: Buy
Current Market Cap: $921.9M
For detailed information about NVGS stock, go to TipRanks’ Stock Analysis page.