UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

Form 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13-16or 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2018

Commission File Number 001-36202

 

 

NAVIGATOR HOLDINGS LTD.

(Exact name of Registrant as specified in its Charter)

 

 

c/o NGT Services UK Ltd

10 Bressendon Place

London, SW1E 5DH

United Kingdom

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒                Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b)(1).

Yes ☐                No ☒

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b)(7).

Yes ☐                 No ☒

 

 

 


ITEM 1—INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Attached to this Report on Form 6-K as Exhibit 10.1 is a copy of the press release issued by Navigator Holdings Ltd. on October 23, 2018: Navigator Holdings Ltd. Completes Placement of Senior Secured Bond Issue.

 

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ITEM 2—EXHIBITS

The following exhibit is filed as part of this Report on Form 6-K:

 

Exhibit No.

  

Description

10.1   

Press  Release of Navigator Holdings Ltd. dated October 23, 2018.

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    NAVIGATOR HOLDINGS LTD.
Date: October 23, 2018     By:   /s/ Niall J Nolan
      Name: Niall J Nolan
      Title:   Chief Financial Officer

 

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EX-10.1

Exhibit 10.1

 

LOGO

 

NEWS RELEASE

October 23, 2018

NAVIGATOR HOLDINGS LTD. COMPLETES PLACEMENT OF SENIOR SECURED BOND ISSUE

Navigator Holdings Ltd. (NYSE: NVGS) (‘Navigator’ or the ‘Company’) is pleased to announce that it has successfully issued NOK 600 million (approximately USD 72.5 million) aggregate principal amount of new senior secured bonds in the Nordic bond market. The new bonds will mature in November 2023 and the coupon rate will be 3 month NIBOR plus 6.00%, payable quarterly. The transaction is subject to customary closing conditions and settlement is expected to occur on November 2, 2018. The net proceeds will be used to part finance the Company’s portion of the construction cost of the ethylene export marine terminal joint venture.

The bonds have not been and will not be registered under the Securities Act or any state securities laws, and may not be offeed or sold in the United States absent registration or unless pursuant to an applicable exemption from the registration requirements of the Securities Act and any other applicable securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy the bonds, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

For further information, please contact:

David Butters (CEO, Navigator Gas), Tel: +1 212 355 5893

Niall Nolan (CFO, Navigator Gas), Tel: +44 20 7340 4850