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Stock impact report

Safe Bulkers, Inc. Announces the Final Results of its Exchange Offer for Series B Preferred Shares

Safe Bulkers, Inc ($0.001 par value) (SB) 
Last safe bulkers, inc ($0.001 par value) earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: safebulkers.com/invest_stock.htm
Company Research Source: Marketwire
MONACO -- (Marketwired) -- 04/06/17 -- Safe Bulkers, Inc. ("Safe Bulkers", the "Company", or "we") (NYSE: SB) (NYSE: SB.PR.B) today announced the final results of its previously announced exchange offer (the "Exchange Offer") for any and all of its outstanding 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares, par value $0.01 per share, liquidation preference $25.00 per share of Safe Bulkers (NYSE: SB.PR.B) (the "Series B Preferred Shares"). The Exchange Offer expired at 11:59 p.m., New York City Time, on April 5, 2017. Pursuant to the Exchange Offer, a total of 1,106,254 Series B Preferred Shares were validly tendered and not properly withdrawn prior to the expiration date. Such Series B Preferred Shares represent 74.46% of the 1,485,768 Series B Preferred Shares outstanding. Safe Bulkers has accepted all validly tendered and not properly withdrawn Series B Preferred Shares for exchange, and the settlement and exchange of cash and shares of common stock for suc Show less Read more
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