Brief: Safe Bulkers Enters Into First Sustainability-Linked Credit Facility Of $60 Million To Refinance Existing Loan Facilities

Safe Bulkers

01/10/2021 21:42

Oct 1 (Reuters) - Safe Bulkers Inc  SB.F :
    * SAFE BULKERS, INC. ENTERS INTO FIRST SUSTAINABILITY-LINKED
CREDIT FACILITY OF $60 MILLION TO REFINANCE EXISTING LOAN
FACILITIES
    * SAFE BULKERS INC - ENTERED NEW CREDIT FACILITY OF $60
MILLION
WITH 5-YEAR TENOR SECURED WITH FIVE VESSELS
    * SAFE BULKERS - NEW CREDIT FACILITY COMPRISES OF TERM LOAN
TRANCHE OF $30.0 MILLION, REVOLVING CREDIT FACILITY TRANCHE

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