Associated Press: Safe Bulkers Plans Initial Public Offering

“The AP reported that “Greek drybulk shipper Safe Bulkers Inc. said Friday it plans an initial public offering of 10 million shares of common stock at a price of between $20 and $22 per share. Merrill Lynch & Co. and Credit Suisse are serving as lead underwriters. Jefferies & Co., Dahlman Rose & Co., Poten Capital Services LLC and DnB NOR Markets are also underwriting the deal.”