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2016 July 19   18:20

Safe Bulkers agrees with Danmarks Skibskredit A/S to amend a term loan facility

Safe  Bulkers,  Inc. ,  an  international  provider  of  marine   drybulk  transportation  services,  announced   today  that  Safe  Bulkers  has  agreed  with  Danish  Ship  Finance,  to  amend  certain   financial covenants and terms to its existing credit facility with an outstanding balance  of  US  $40.0  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 users of marine drybulk transportation  services.  Safe  Bulkers's  common  stock,  Series  B,  Series  C  and  Series  D  preferred   stock  is  listed  on  the  NYSE,  where  it  trades  under  the  symbols  “SB”,  “SB.PR.B”,   “SB.PR.C” and “SB.PR.D”, respectively.

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