Safe Bulkers Inc (SB) 1.18 $SB
Safe Bulkers, Inc. Agrees to the Issuance of 2.95% Cumulative Redeemable Perpetual Preferred Equity to an Unaffiliated Investor to Finance $16.9 Million of a Newbuild Vessel
Marketwire Canada - Wed Aug 03, 8:01AM CDT
MONACO--(Marketwired - Aug 3, 2016) - Safe Bulkers, Inc. (the "Company"
(NYSE: SB), an international provider of marine drybulk transportation services, announced today that a subsidiary of the Company has novated an existing newbuild contract for a Kamsarmax class vessel scheduled to be delivered in the first half of 2018 to a new wholly owned subsidiary of the Company. Upon delivery of the vessel, the new wholly-owned subsidiary (the "Issuer" has agreed to issue 2.95% Cumulative Redeemable Perpetual Preferred Equity to an unaffiliated investor (the "Investor" to finance $16.9 million of the cost of such vessel. The preferred shares will not entitle the Investor to any voting rights (other than in limited circumstances in the case of certain events of default under the terms of the preferred shares), and the preferred shares may be redeemed at the option of the issuer at any time or at the option of the Investor upon the third anniversary of the issuance date. Furthermore, the Investor will be entitled to nominate one director to the Issuer's board that represents a minority of the Issuer's board of directors.
SB: 1.18 (+0.09)
Safe Bulkers, Inc. Reports Second Quarter and Six Months 2016 Results
Marketwire Canada - Thu Jul 28, 3:06PM CDT
MONACO--(Marketwired - Jul 28, 2016) - Safe Bulkers, Inc. (the "Company" (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and six months period ended June 30, 2016.
SB: 1.18 (+0.09)
Safe Bulkers, Inc. Declares Quarterly Dividend on Its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares
Marketwired - Tue Jul 12, 8:02AM CDT
MONACO--(Marketwired - Jul 12, 2016) - Safe Bulkers, Inc. (the "Company" (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared:
SB: 1.18 (+0.09)
Safe Bulkers, Inc. Announces Common Stock Repurchase Program
Marketwired - Wed Jun 22, 3:40PM CDT
MONACO--(Marketwired - Jun 22, 2016) - Safe Bulkers, Inc. (the "Company" (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has authorized a program under which it may from time to time in the future purchase up to 2,000,000 shares of the Company's common stock. If the maximum number of shares of the Company's common stock are purchased, it would represent approximately 2.4% of the shares of the Company's common stock outstanding and 5.7% of its public float.
SB: 1.18 (+0.09)
Safe Bulkers, Inc. Reports First Quarter 2016 Results
Marketwire Canada - Thu Jun 02, 3:29PM CDT
MONACO--(Marketwired - Jun 2, 2016) - Safe Bulkers, Inc. (the "Company" (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three month period ended March 31, 2016.
SB: 1.18 (+0.09)
Safe Bulkers, Inc. Regains Compliance With NYSE; Share Price Continued Listing Standard
Marketwire Canada - Thu Jun 02, 3:05PM CDT
MONACO--(Marketwired - Jun 2, 2016) - Safe Bulkers, Inc. (the "Company" (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it was notified by the New York Stock Exchange ("NYSE" that the Company has regained compliance with the NYSE's minimum share price standard for continued listing of its common stock.
SB: 1.18 (+0.09)
Safe Bulkers, Inc. Accepted a Signed Offer Letter From ING to Amend a Committed Revolving Credit Facility for Newbuilds
Marketwire Canada - Tue May 31, 8:01AM CDT
MONACO--(Marketwired - May 31, 2016) - Safe Bulkers, Inc. (the "Company" (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company has accepted a signed offer letter from ING Bank N.V., (the "Bank" to amend certain terms of an existing committed revolving credit facility. Following this amendment, the committed revolving credit facility of up to US $32.0 million, with five year duration, secured by two newbuild vessels contains the following financial covenants:
SB: 1.18 (+0.09)
Safe Bulkers, Inc., Accepted a Signed Offer Letter From DNB to Amend a Credit Facility
Marketwired - Mon May 23, 8:01AM CDT
MONACO--(Marketwired - May 23, 2016) - Safe Bulkers, Inc. (the "Company" (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company has accepted a signed offer letter from DNB (UK) Limited to amend certain financial covenants to its existing credit facility with an outstanding balance of US $145.5 million. Following this amendment, the credit facility contains the following financial covenants:
SB: 1.18 (+0.09)
Safe Bulkers, Inc. Sets Date for First Quarter 2016 Results, Conference Call and Webcast
Marketwired - Fri May 13, 8:00AM CDT
Earnings Release: Thursday, June 2, 2016, After Market Closes; Conference Call and Webcast: Friday, June 3, 2016, at 9:00 A.M. ET
SB: 1.18 (+0.09)
Safe Bulkers, Inc. Agreed to Amend a US $30.3 Million Credit Facility With Nordea Bank (Nordea)
Marketwired - Tue Apr 19, 8:03AM CDT
Safe Bulkers, Inc. (the "Company" (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company has agreed to amend an existing credit facility secured by one Capesize class vessel with an outstanding commitment of US $30.3 million, extending its maturity by two years from June 2019 to June 2021 and delaying the balloon payment initially scheduled to be made in 2019 for 2021. This credit facility with Nordea contains the following financial covenants, in line with the existing loan and credit facilities of the Company:
SB: 1.18 (+0.09)
Safe Bulkers, Inc. Declares Quarterly Dividend on Its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares
Marketwired - Wed Apr 13, 8:01AM CDT
Safe Bulkers, Inc. (the "Company" (NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared:
SB: 1.18 (+0.09)
REMINDER - Dry Bulk Panel Discussion With Major Listed Company Executives at Capital Link's 10th Annual Shipping Forum on Monday, March 21, 2016 -- New York City
Marketwired - Mon Mar 14, 9:52AM CDT
Senior executives from major listed shipping companies involved with the dry bulk sector of maritime transportation will participate on panels and presentations at Capital Link's 10th Annual International Shipping Forum to be held in New York City on Monday, March 21, 2016, organized in cooperation with Citi.
ESEA: 2.37 (-0.43), SALT: 3.19 (+0.04), GNK: 5.75 (-0.08), SBLK: 4.18 (+0.12), SB: 1.18 (+0.09)
Safe Bulkers, Inc. Agrees to the Issuance of 2.95% Cumulative Redeemable Perpetual Preferred Equity to an Unaffiliated Investor to Finance $16.9 Million of a Newbuild Vessel
Marketwire Canada - Wed Aug 03, 8:01AM CDT
MONACO--(Marketwired - Aug 3, 2016) - Safe Bulkers, Inc. (the "Company"
(NYSE: SB), an international provider of marine drybulk transportation services, announced today that a subsidiary of the Company has novated an existing newbuild contract for a Kamsarmax class vessel scheduled to be delivered in the first half of 2018 to a new wholly owned subsidiary of the Company. Upon delivery of the vessel, the new wholly-owned subsidiary (the "Issuer" has agreed to issue 2.95% Cumulative Redeemable Perpetual Preferred Equity to an unaffiliated investor (the "Investor" to finance $16.9 million of the cost of such vessel. The preferred shares will not entitle the Investor to any voting rights (other than in limited circumstances in the case of certain events of default under the terms of the preferred shares), and the preferred shares may be redeemed at the option of the issuer at any time or at the option of the Investor upon the third anniversary of the issuance date. Furthermore, the Investor will be entitled to nominate one director to the Issuer's board that represents a minority of the Issuer's board of directors. SB: 1.18 (+0.09)
Safe Bulkers, Inc. Reports Second Quarter and Six Months 2016 Results
Marketwire Canada - Thu Jul 28, 3:06PM CDT
MONACO--(Marketwired - Jul 28, 2016) - Safe Bulkers, Inc. (the "Company"
(NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and six months period ended June 30, 2016. SB: 1.18 (+0.09)
Safe Bulkers, Inc. Declares Quarterly Dividend on Its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares
Marketwired - Tue Jul 12, 8:02AM CDT
MONACO--(Marketwired - Jul 12, 2016) - Safe Bulkers, Inc. (the "Company"
(NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: SB: 1.18 (+0.09)
Safe Bulkers, Inc. Announces Common Stock Repurchase Program
Marketwired - Wed Jun 22, 3:40PM CDT
MONACO--(Marketwired - Jun 22, 2016) - Safe Bulkers, Inc. (the "Company"
(NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has authorized a program under which it may from time to time in the future purchase up to 2,000,000 shares of the Company's common stock. If the maximum number of shares of the Company's common stock are purchased, it would represent approximately 2.4% of the shares of the Company's common stock outstanding and 5.7% of its public float. SB: 1.18 (+0.09)
Safe Bulkers, Inc. Reports First Quarter 2016 Results
Marketwire Canada - Thu Jun 02, 3:29PM CDT
MONACO--(Marketwired - Jun 2, 2016) - Safe Bulkers, Inc. (the "Company"
(NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three month period ended March 31, 2016. SB: 1.18 (+0.09)
Safe Bulkers, Inc. Regains Compliance With NYSE; Share Price Continued Listing Standard
Marketwire Canada - Thu Jun 02, 3:05PM CDT
MONACO--(Marketwired - Jun 2, 2016) - Safe Bulkers, Inc. (the "Company"
(NYSE: SB), an international provider of marine drybulk transportation services, announced today that it was notified by the New York Stock Exchange ("NYSE" that the Company has regained compliance with the NYSE's minimum share price standard for continued listing of its common stock. SB: 1.18 (+0.09)
Safe Bulkers, Inc. Accepted a Signed Offer Letter From ING to Amend a Committed Revolving Credit Facility for Newbuilds
Marketwire Canada - Tue May 31, 8:01AM CDT
MONACO--(Marketwired - May 31, 2016) - Safe Bulkers, Inc. (the "Company"
(NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company has accepted a signed offer letter from ING Bank N.V., (the "Bank" to amend certain terms of an existing committed revolving credit facility. Following this amendment, the committed revolving credit facility of up to US $32.0 million, with five year duration, secured by two newbuild vessels contains the following financial covenants: SB: 1.18 (+0.09)
Safe Bulkers, Inc., Accepted a Signed Offer Letter From DNB to Amend a Credit Facility
Marketwired - Mon May 23, 8:01AM CDT
MONACO--(Marketwired - May 23, 2016) - Safe Bulkers, Inc. (the "Company"
(NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company has accepted a signed offer letter from DNB (UK) Limited to amend certain financial covenants to its existing credit facility with an outstanding balance of US $145.5 million. Following this amendment, the credit facility contains the following financial covenants: SB: 1.18 (+0.09)
Safe Bulkers, Inc. Sets Date for First Quarter 2016 Results, Conference Call and Webcast
Marketwired - Fri May 13, 8:00AM CDT
Earnings Release: Thursday, June 2, 2016, After Market Closes; Conference Call and Webcast: Friday, June 3, 2016, at 9:00 A.M. ET
SB: 1.18 (+0.09)
Safe Bulkers, Inc. Agreed to Amend a US $30.3 Million Credit Facility With Nordea Bank (Nordea)
Marketwired - Tue Apr 19, 8:03AM CDT
Safe Bulkers, Inc. (the "Company"
(NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company has agreed to amend an existing credit facility secured by one Capesize class vessel with an outstanding commitment of US $30.3 million, extending its maturity by two years from June 2019 to June 2021 and delaying the balloon payment initially scheduled to be made in 2019 for 2021. This credit facility with Nordea contains the following financial covenants, in line with the existing loan and credit facilities of the Company: SB: 1.18 (+0.09)
Safe Bulkers, Inc. Declares Quarterly Dividend on Its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares
Marketwired - Wed Apr 13, 8:01AM CDT
Safe Bulkers, Inc. (the "Company"
(NYSE: SB), an international provider of marine drybulk transportation services, announced today that the Company's Board of Directors has declared: SB: 1.18 (+0.09)
REMINDER - Dry Bulk Panel Discussion With Major Listed Company Executives at Capital Link's 10th Annual Shipping Forum on Monday, March 21, 2016 -- New York City
Marketwired - Mon Mar 14, 9:52AM CDT
Senior executives from major listed shipping companies involved with the dry bulk sector of maritime transportation will participate on panels and presentations at Capital Link's 10th Annual International Shipping Forum to be held in New York City on Monday, March 21, 2016, organized in cooperation with Citi.
ESEA: 2.37 (-0.43), SALT: 3.19 (+0.04), GNK: 5.75 (-0.08), SBLK: 4.18 (+0.12), SB: 1.18 (+0.09)
