Safe Bulkers Participations Plc, founded in 2007 and headquartered in Athens, Greece, operates as a prominent international shipping company focused on the transportation of dry bulk cargoes. The company owns and operates a fleet of modern, fuel-efficient dry bulk carriers, addressing a diverse range of shipping needs across global markets.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SFEBLK 2.95% 2027-02-11 EURSafe Bulkers Participations Plc | Cyprus | 2027-02-11 | 2.950 | 3.81 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Safe Bulkers has strategically issued bonds to finance its fleet expansion and operational needs, with significant bond offerings beginning in 2010. Noteworthy is the company's IPO bond issuance in 2015, which raised substantial capital for growth initiatives. Current yields on Safe Bulkers' bonds remain competitive compared to the industry average, reflecting its strong credit profile. Recent developments include the successful refinancing of existing debt and the introduction of green financing through environmentally sustainable bonds, marking a shift towards responsible investment and corporate sustainability.