UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE13a-16 OR15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
Dated: June 24, 2020
Commission File Number333-179250
NAVIOS SOUTH AMERICAN LOGISTICS INC.
Aguada Park Free Zone
Paraguay 2141, Of. 1603
Montevideo, Uruguay
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form20-F or Form40-F:
Form 20-F ☑ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted byRegulation S-T Rule 101(b)(1):
Yes ☐ No ☑
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted byRegulation S-T Rule 101(b)(7):
Yes ☐ No ☑
Pricing of Notes
On June 24, 2020, Navios South American Logistics Inc. (the “Company”) issued a press release announcing the pricing by the Company and Navios Logistics Finance (US) Inc. (the“Co-Issuer” and, together with the Company, the“Co-Issuers”) of theCo-Issuers’ 10.750% Senior Secured Notes due 2025 (the “Notes”) on June 23, 2020. The sale of the Notes is expected to be consummated on July 8, 2020, subject to customary closing conditions. The Company intends to use the net proceeds of the offering to (i) satisfy and discharge the indenture governing theCo-Issuers’ outstanding $375 million in aggregate principal amount of 7.25% Senior Notes due 2022, (ii) repay all amounts outstanding under theCo-Issuers’ $100 million Term Loan B facility, and (iii) pay certain fees and expenses related to the offering, with the balance, if any, to be used for general corporate purposes. A copy of the press release announcing the pricing of the Notes is furnished as Exhibit 99.1 to this Report and is incorporated herein by reference.
2
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.
NAVIOS SOUTH AMERICAN LOGISTICS INC. | ||||||
Date: June 24, 2020 | By: | /s/ Anna Kalathakis | ||||
Name: Anna Kalathakis | ||||||
Title: Secretary |