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News for SCS123
    6 June 2011 - First Buyer's Credits for Ship Exports to Subsidiaries of Greek Companies
The Japan Bank for International Cooperation (JBIC, President & CEO: Hiroshi Watanabe) signed on May 31 (Athens time) buyer's credit agreements with three ship owning companies incorporated in the Republic of the Marshall Islands owned by Safe Bulkers, Inc., a Greek shipping company also incorporated in the same Republic, to finance the export of three vessels built in a Japanese shipyard. The three co-financed loans with Citibank Japan Ltd. (lead arranger) amounted to about 39 million US dollars, about 45 million US dollars, and about 38 million US dollars respectively.

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