Company: CMDB
Filing Date: 2025-03-07
Form Type: DRSLTR
Source: 0000950157-25-000202
Chunk: 2

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-03-07
Form: DRSLTR
Chunk 2
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sidiaries will be contributed to CBSI. In December 2024, certain of the Shipowning Subsidiaries, CMRE, the Company and CBSI entered into four new loan agreements for the New Credit Facilities (as defined in the 20-F). Said Shipowning Subsidiaries are borrowers under these loan agreements and the Company and/or CBSI will become guarantors under the loan agreements immediately upon completion of the spin-off. In connection with the entry into the loan agreements, the Company and/or CBSI opened accounts with the financing banks. Under one of these loan agreements, CMRE transferred an amount of $2.1 million to CBSI’s account with the relevant bank to serve as pledged liquidity. No funds have been deposited in the remaining accounts to date. No operations were conducted by or through the Company or CBSI from their respective dates of incorporation through December 31, 2024 other than the participation in the above-mentioned loans and the pledged deposit under one of these loans. The Costamare Bulkers Holdings Limited entity referenced in CMRE’s 2023 third quarter and 2022 annual reports is a Cyprus entity that is separate from the Company and unrelated to the spin-off and other transactions described in the Form 20-F. Despite having the same name as the Cyprus company referred to in CMRE’s prior filings, the Company is an entirely different entity incorporated in the Republic of the Marshall Islands, and is wholly distinct from the Cyprus entity. The Cyprus entity was previously the parent of Costamare Bulkers Inc., but in the fourth quarter of 2023, the shares of Costamare Bulkers Inc. held by the Cyprus entity were transferred to CMRE as part of an internal restructuring. We will add disclosure clarifying the foregoing in our next submission of the draft registration statement on Form 20-F. * * * On behalf of the Company, please allow us to express our appreciation of your attention to this matter. Should you have any questions or comments with respect to this response letter, please contact D. Scott Bennett at 212-474-1132.

| Sincerely,           |
| /s/ D. Scott Bennett |
| D. Scott Bennett     |

Mr. Timothy S. Levenberg Division of Corporation Finance Office Of Energy & Transportation Securities and Exchange Commission 100 F Street, NE Washington, D.C. 20549-0001 Copy to: Mr. Gregory Zikos Chief Executive Officer Costamare Bulkers Holdings Limited 7 rue du