 Moodys Investors Service, Moodys today affirmed the Caa1 corporate family rating CFR of Navios Maritime Holdings, Inc. Navios Holdings, NM and its probability of default rating PDR at Caa1-PD. Moodys simultaneously affirmed the rating of Navios Holdings 650 million senior secured first preferred ship mortgage notes due 2022 at Caa1 and the rating of the 305 million senior secured notes due 2022 at Caa2. 