Safe Bulkers has sealed $60m in new "green" loans that will be used to refinance some of its existing debt.
The new five-year credit facility comprises a $30m term loan and $30m revolving credit facility, which will reduce from its fourth year onwards.
The financing includes an incentive discount on the loan's interest rate, which Safe Bulkers said is linked to "independently verified" pre-determined emission targets but offered no...
