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2016 July 22   16:25

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.

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