Scorpio Tankers (STNG) issued a redemption notice for its 7.5% senior unsecured notes due 2030 and secured a commitment for a new credit facility. The refinancing step is likely to improve funding flexibility, though specific pricing/size and timing were not provided.
Scorpio Tankers (STNG) issued a redemption notice for its 7.5% senior unsecured notes due 2030 and secured a commitment for a new credit facility. The refinancing step is likely to improve funding flexibility, though specific pricing/size and timing were not provided.
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mildly positive
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