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Published on 10/20/2022 in the Prospect News Bank Loan Daily.

Scorpio Tankers to repay $17.5 million outstanding under facility

By Wendy Van Sickle

Columbus, Ohio, Oct. 20 – Scorpio Tankers Inc. has given notice to repay a bilateral credit facility that finances its STI Madison product tanker, according to a Thursday press release.

There is currently $17.5 million outstanding under the credit facility, which is expected to be repaid in full in October.

Monaco-based Scorpio is an oil tanker business.


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