Watson Farley & Williams (“WFW”) has advised BNP Paribas as documentation bank and DNB Bank ASA, New York Branch as agent on a US$1bn term and revolving credit facility to Scorpio Tankers Inc., reports WFW.
The over-subscribed credit facility provided by a group of banks will be used to finance 45 product tankers. Consisting of a 50% term loan and a 50% revolving loan, the credit facility has a final maturity of 30 June 2028.
Scorpio Tankers is a leading...
https://mfame.guru/wfw-advises-lenders-on-us1bn-financing-for-45-vessels/