Company: CMDB
Filing Date: 2025-04-17
Form Type: 20FR12B/A
Source: 0001140361-25-014307
Chunk: 204

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-17
Form: 20FR12B/A
Chunk 204
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) |     |     2029 |     | Straight-line amortization with balloon |
| Silkstone Marine Corp. et al. |     |            34,611 |     | SOFR + Margin(2) |     |     2029 |     | Straight-line amortization with balloon |

| (1) | The interest rates of long-term bank debt at December 31, 2024 ranged from 5.94% to 6.12%, and the weighted average interest rate as of December 31, 2024 was 6.0%. |

| (2) | The interest rate margin of long-term bank debt at December 31, 2024 ranged from 1.60% to 1.65%, and the weighted average interest rate margin as of December 31, 2024 was 1.6%. |

Furthermore, on April 16, 2025, we entered into a loan agreement with a European financial institution for a hunting license loan facility of up to $100 million.

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TABLE OF CONTENTS

Covenants and Events of Default Our credit facilities impose certain operating and financial restrictions on us. These restrictions generally

| (1) | limit our ability to, among other things: |

| • | pay dividends if an event of default has occurred and is continuing or would occur as a result of the payment of such dividends; |

| • | allow the vessel-owning subsidiaries to cease being, directly or indirectly, our wholly owned subsidiaries; |

| • | sell or transfer significant assets; or |

| • | allow the Konstantakopoulos family’s direct or indirect holding in us to fall below 30% of the total issued common share capital; and |

| (2) | limit the ability of our applicable financed vessel-owning subsidiaries to, among other things: |

| • | pay dividends if an event of default has occurred and is continuing or would occur as a result of the payment of such dividends; |

| • | sell or transfer any of their assets, unless the relevant financing obligation is prepaid; |

| • | make or repay loans or advances, other than repayment of the credit facilities; |

| • | make investments in other persons; or |

| • | create liens on assets or provide guarantees other than for in the ordinary course of trading. |

The credit facilities also require us and our applicable financed vessel-owning subsidiaries to maintain the aggregate of (a) the market value of the mortgaged vessel or vessels