Brief: Safe Bulkers Inc Says In Relation To Fleet Renewal Strategy, Has Entered Into Agreements

Safe Bulkers

12/05/2021 14:25

May 12 (Reuters) - Safe Bulkers Inc  SB.F :
    * SAFE BULKERS INC - IN RELATION TO FLEET RENEWAL STRATEGY,
HAS
ENTERED INTO AGREEMENTS
    * SAFE BULKERS INC -  AGREEMENT FOR ACQUISITION OF TWO
POST-PANAMAX NEWBUILDS WITH SCHEDULED DELIVERY DATES WITHIN Q1
AND Q2 OF 2023 RESPECTIVELY
    * SAFE BULKERS INC -  AGREEMENT FOR SALE OF TWO KAMSARMAX
VESSELS
AT GROSS SALE PRICES OF $22.5 MILLION AND $22.0 MILLION
    * SAFE BULKERS INC -  SCHEDULED DELIVERY DATES OF TWO
KAMSARMAX
VESSELS WITHIN Q2 AND Q3 OF 2021 RESPECTIVELY
    * SAFE BULKERS INC - IN CONTEXT OF DELEVERAGING STRATEGY CO
HAS
SCHEDULED TO VOLUNTARILY PREPAY $27.3 MILLION OF DEBT IN MAY
2021

Source text for Eikon:  ID:nGNX9Hyygk 
Further company coverage:  SB.F 

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