Scorpio Tankers Inc. Announces New Credit Facility
Scorpio Tankers secured a $50 million credit facility commitment from Bank of America to finance two 2015-built LR2 product tankers, the STI Rose and STI Alexis. The facility carries a seven-year maturity and an interest rate of SOFR plus 1.20% per annum, with terms similar to the company’s existing credit agreements.
Key figures
- Maturity years
- 7
- Vessels financed
- 2
- Credit facility usd
- 50000000
- Interest margin percent
- 1.2
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