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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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