Hajioannou backs Safe Bulkers’ 12m-share push to fund new vessels
Cyprus Mail1 newsroom
Picture: Cyprus Mail
Safe Bulkers is looking to raise fresh capital through a private placement of approximately 12 million new common shares, with the proceeds earmarked for its newbuilding programme and potential further vessel acquisitions. The dry-bulk shipping company announced the proposed placement on Wednesday, just over three months after its shares began trading on…