Safe Bulkers, Inc. Amends Exchange Offer for its Series B Preferred Shares

MONACO–(Marketwired – Mar 17, 2017) – Safe Bulkers, Inc. (“Safe Bulkers”, the “Company”, or “we”) (NYSE: SB) today announced an amendment to the previously announced exchange offer (the “Exchange Offer”) for any and all of its outstanding Series B Cumulative Redeemable Perpetual Preferred Shares, par value $0.01 per share, liquidation preference $25.00 per share (the “Series B Preferred Shares”). The Exchange Offer is being modified to include a non-waivable condition to completion of the Exchange Offer that such completion will not result in the delisting of the Series B Preferred Shares from the NYSE and to clarify certain other conditions to the Exchange Offer set forth in the related Offer to Exchange.

Most Popular

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 All-In World News.

To Top