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Safe Bulkers seals new $70m loan

New York-listed Greek dry bulk owner Safe Bulkers has entered into a new five-year $70m credit facility to refinance seven vessels. The loan comprises a term loan tranche of $30m and a reducing revolving credit facility tranche providing for a draw down capacity of up to $40m. The proceeds will refinance loan facilities of $64.3m …

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New York-listed Greek dry bulk owner Safe Bulkers has entered into a new five-year $70m credit facility to refinance seven vessels. The loan comprises a term loan tranche of $30m and a reducing revolving credit facility tranche providing for a draw down capacity of up to $40m. The proceeds will refinance loan facilities of $64.3m …

[post_title] => Safe Bulkers seals new $70m loan [post_excerpt] => New York-listed Greek dry bulk owner Safe Bulkers has entered into a new five-year $70m credit facility to refinance seven vessels. The loan comprises a term loan tranche of $30m and a reducing revolving credit facility tranche providing for a draw dow... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => safe-bulkers-seals-new-70m-loan [to_ping] => [pinged] => [post_modified] => 2021-06-21 23:53:14 [post_modified_gmt] => 2021-06-21 23:53:14 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=145471 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )