Safe Bulkers refinances credit facilities with a new US $ 40.0 mln term loan facility
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, an nounced today that the Company has entered into a new term loan facility refinanc ing three credit facilities , in the total amount of US $ 44.9 million , related to one Post - Panamax class vessel and two Panamax class vessels. The new term loan facility with Danish Ship Finance , of US $40.0 million, has a tenor of six and a half years, is secured by the same three vessels that the old facilities financed.
