Safe Bulkers (SB) IPO Prices At $19, Below Expected Range
More News related to SB
- Safe Bulkers, Inc. Reports Second Quarter and First Half 2008 Results and Declares Quarterly Dividend
- Safe Bulkers, Inc. Announces a New 23-Months Time Charter at $63,000 Average Daily Rate
- Dahlman Rose Initiates Coverage on Safe Bulkers (SB) with a Buy
- Safe Bulkers, Inc. Sets Date for Second Quarter 2008 Results, Dividend Announcement, Conference Call and Webcast
- Notable Analyst Rating Changes 7/8: EDS, MMC, WDC Upgraded; OEH, WYE, RATE Downgraded
Safe Bulkers, Inc. (NYSE: SB) announced that its public offering of 10,000,000 shares of common stock was priced at $19.00 per share, below the expected $20-$22 range. The Company's common stock will trade on the New York Stock Exchange under the ticker symbol "SB" later today.
Safe Bulkers, Inc. is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly grain, iron ore and coal, along worldwide shipping routes for some of the world's largest users of marine drybulk transportation services.
Related Categories
IPOsStocks Mentioned
-0.35Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
