Navigator Gas Announces Fixed Income Investor Meetings in Nordic Market

14 Oct 2024 07:30 CEST

LONDON, October 14, 2024 – Navigator Holdings Ltd. (described herein as
“Navigator Gas” or the “Company”) (NYSE: NVGS), the owner and operator of the
world’s largest fleet of handysize liquefied gas carriers, announces that today,
it has mandated Arctic Securities and DNB Markets as Joint Global Coordinators
and Joint Bookrunners, and Clarksons Securities and Fearnley Securities as Joint
Bookrunners, to arrange a series of fixed income investor meetings commencing
Tuesday, October 15, 2024. A USD denominated 5-year senior unsecured bond issue
in the Nordic bond market may follow, subject to, inter alia, market conditions.

The net proceeds from the contemplated bond issue are intended to be used for
the refinancing of the Company’s existing USD 100 million senior unsecured bonds
maturing in September 2025 with ISIN NO0010891955 (the “Existing Bonds”) and
general corporate purposes.

In conjunction with the contemplated bond issue, the Company will offer a
conditional buyback of the Existing Bonds. Subject to completion of the
contemplated bond issue, the Company intends to call the remaining net
outstanding amount of the Existing Bonds in whole at the prevailing call price.

About Navigator Gas
Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”)
is the owner and operator of the world’s largest fleet of handysize liquefied
gas carriers and a global leader in the seaborne transportation services 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 Gas’ fleet consists of 56 semi- or fully-refrigerated
liquefied gas carriers, 25 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 its sophisticated vessels
providing an efficient and reliable ‘floating pipeline’ between the parties,
connecting the world today, creating a sustainable tomorrow.
Navigator Gas’ common stock trades on the New York Stock Exchange under the
symbol “NVGS”.
Navigator Gas

Attention: Investor Relations investorrelations@navigatorgas.com and
randy.giveans@navigatorgas.com
Address: 333 Clay Street, Suite 2480, Houston, Texas, U.S.A. 77002
Tel: +1 713 373 6197 and +44 (0)20 7340 4850
Investor Relations / Media Advisors

Nicolas Bornozis / Paul Lampoutis
Capital Link – New York
Tel: +1-212-661-7566
Email: navigatorgas@capitallink.com
Forward looking statements
This press release contains certain “forward-looking” statements (as defined by
the Securities and Exchange Commission) concerning plans and objectives of
management for future operations or economic performance, or assumptions related
thereto. In addition, we and our representatives may from time to time make
other oral or written statements that are also forward-looking statements. In
some cases, you can identify the forward-looking statements by the use of words
such as “may,” “could,” “should,” “will,” “would,” “expect,” “plan,”
“anticipate,” “intend,” “forecast,” “believe,” “estimate,” “predict,” “propose,”
“potential,” “continue,” “scheduled,” or the negative of these terms or other
comparable terminology.

These forward-looking statements involve many risks and uncertainties that could
cause actual results to differ materially from those expressed or implied by
such statements. These risks and uncertainties include but are not limited to
those set forth in the periodic reports Navigator files with the U.S. Securities
and Exchange Commission.

All forward-looking statements included in this press release are made only as
of the date of this press release. New factors emerge from time to time, and it
is not possible for us to predict all of these factors. Further, we cannot
assess the impact of each such factor on our business or the extent to which any
factor, or combination of factors, may cause actual results to be materially
different from those contained in any forward-looking statement. We expressly
disclaim any obligation to update or revise any forward-looking statements,
whether because of future events, new information, a change in our views or
expectations, or otherwise. We make no prediction or statement about the
performance of our common stock.

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629501_NAVIG Mandates Banks for Investor Call.pdf