Financing ·
Safe Bulkers, Inc. announced on September 8, 2026, that it is contemplating a private placement of approximately…
SBSafe Bulkers, Inc.
Safe Bulkers, Inc. announced on September 8, 2026, that it is contemplating a private placement of approximately 12,000,000 new shares of common stock. The company has mandated Piraeus Bank S.A., DNB Carnegie, and Fearnley Securities AS as managers to conduct an accelerated bookbuilding process to determine the final offer price in EUR. CEO Polys Hajioannou committed to subscribing for 2,000,000 shares. Proceeds will enhance liquidity and finance newbuilding programs or vessel acquisitions. Trading on Euronext Athens was suspended on September 9, 2026, pending the outcome. Safe Bulkers, Inc. operates in the marine drybulk transportation industry, transporting bulk cargoes such as coal, grain, and iron ore.