Company: CMDB
Filing Date: 2025-04-23
Form Type: 20FR12B/A
Source: 0001140361-25-015197
Chunk: 300

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-23
Form: 20FR12B/A
Chunk 300
---
,229 |
|    |     | Less: Long-term debt current portion           |     |      -62,010 |     |      -31,378 |
|    |     | Add: Deferred financing costs, current portion |     |          860 |     |          873 |
|    |     | Total long-term debt, non-current, net         |     |     $285,301 |     |     $305,724 |

| 1. | On July 8, 2021, Costamare entered into a loan agreement with a bank for an amount of up to $62,500, in order to finance the acquisition cost of the vesselsPegasus,Eracle,Peace,Sauvan,Pride,Acuity,ComityandAthena. An aggregate amount of $49,236.3, was drawn during July 2021, an amount of $7,300 was drawn in August 2021 and an amount of $5,963.8 was drawn in October 2021, to finance the acquisition of the eight vessels. On May 25, 2023, the Company prepaid $5,475, due to the sale of vesselComity. On November 16, 2023, the Company prepaid $1,775, due to the sale of vesselPeace. On November 30, 2023, the Company prepaid $1,775, due to the sale of vesselPride. On February 27, 2024, the Company prepaid $5,844, due to the sale of vesselPegasus(Note 5). On December 13, 2024, following the execution of the loan agreement discussed in Note 7.14, the then outstanding balance of $19,608 was fully repaid. |

| 2. | On July 16, 2021, Costamare entered into a hunting license facility agreement with a bank for an amount of up to $120,000, in order to finance the acquisition cost of the dry bulk vesselsBernis,Verity,Dawn,Discovery,Clara,Serena,Parity,Taibo,Thunder,Curacao,EquityandRose.Three tranches of the facility with an aggregate amount of $34,200 were drawn during July 2021, to finance the acquisition of the first three vessels, three tranches of the facility with an aggregate amount of $28,050 were drawn during August 2021, to finance the acquisition of the subsequent three vessels