Safe Bulkers, Inc. completed a private placement of 12,000,000 new common shares at €6.70 per share, raising gross proceeds of €80,400,000. The offering was managed by Piraeus Bank S.A., DNB Carnegie, and Fearnley Securities AS through an accelerated bookbuilding process. CEO Polys Hajioannou received a scaled-back allocation of 1,500,000 shares to facilitate distribution to other investors. Settlement is expected on September 11, 2026, with trading anticipated to commence on Euronext Athens on September 14, 2026. The company operates in the marine drybulk transportation industry.
