Safe Bulkers raises $94m for fleet push

Polys Hajioannou-led Safe Bulkers has raised €80.4m ($93.5m) through a private placement, adding fresh capital to fund its growing newbuilding programme and potentially pursue further vessel acquisitions. The New York- and Athens-listed owner placed 12m new common shares with institutional and other eligible investors through an accelerated bookbuild at €6.70 ($7.79) per share. Hajioannou, Safe … Read full article →