Safe Bulkers has filed papers that position it to potentially raise up to $200m in cash through future share sales.
The New York-listed shipowner filed a shelf registration with the US Securities & Exchange Commission (SEC) covering potential sales of common stock, preferred stock, bonds or other securities.
Such registrations do not mean that an equity sale is imminent, but they grease the wheels allow New York-listed companies to raise cash more easily in the future.
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