Safe Shelf

Today, Safe Bulkers, Inc. filed a shelf registration to sell up to $300 million of common stock, preferred stock, warrants and subscription rights. Noticeably absent from the registration were debt securities.

Polys Hajioannou, Chairman and Chief Executive Officer, stated, “While the Company does not currently intend to offer securities registered pursuant to the registration statement, the registration statement provides the Company with greater flexibility to take advantage of favorable market conditions as they may arise.” Legal advisors were Cozen & O’Conner and Cravath, Swaine & Moore. Deloitte, Hadjipavlou, Sofianos & Cambanis provided accounting advice

This is only an excerpt of Safe Shelf

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

Existing Users Login
Username
Password

Related Archive Files

• No Related Post