Scorpio Tankers has exercised purchase options on eight ships and the repayment of a credit facility, reports an official release.
Purchase options on 8 shipsThe company has given notice to exercise its purchase options on one LR2 product tanker called STI Alexis and five MR product tankers called STI Duchessa, STI San Antonio, STI Mayfair, STI St. Charles, and STI Yorkville. These vessels were sold and leased back by the company in the fourth quarter of 2018. The leases bear interest at LIBOR...
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