Safe Bulkers agrees with the Royal Bank of Scotland to amend a term loan facility
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that the company has agreed with the Royal Bank of Scotland plc to amend certain financial covenants and terms to an existing term loan facility with an outstanding balance of US $ 73.4 million.
About Safe Bulkers, Inc.
Safe Bulkers is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest u sers of marine drybulk transportation services. Safe Bulkers’s common stock, series B preferred stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.B”, “SB.PR.C”, and “SB.PR.D” respectively.
