Safe Bulkers Issues Notice Of Redemption Of Series C Preferred Shares
03/30/22, 9:00 AM
Location
monacoIndustry
software
Round Type
series c
Safe Bulkers, Inc. (“Safe Bulkers”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it is calling for redemption (the “Redemption”) of 1,492,554 of the outstanding 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares, par value $0.01 per share, liquidation preference $25.00 per share (the “Series C Preferred Shares”). There are currently 2,297,504 issued and outstanding Series C Preferred Shares.
Company Info
Location
monaco
Additional Info
Factors that could cause actual results to differ materially include, but are not limited to, changes in the demand for drybulk vessels, competitive factors in the market in which Safe Bulkers operates, risks associated with operations outside the United States and other factors listed from time to time in Safe Bulkers’ filings with the Securities and Exchange Commission. 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.