Scorpio Tankers Inc. announces today that it has successfully placed USD 200 million of new senior unsecured bonds in the Nordic bond market. An application will be made for the bonds to be listed on the Oslo Stock Exchange. The new bonds are due to mature in January 2030 and will pay a fixed coupon of 7.5% per annum, payable semi-annually in arrears.

The net proceeds from the bond issue shall be used to refinance the Company’s existing USD 70.6m senior unsecured notes and for general corporate purposes.

DNB Markets, Arctic Securities AS, and Pareto Securities AS acted as Global Coordinators and Joint Bookrunners and Nordea Bank Abp, Filial i Norge, Credit Agricole Corporate and Investment Bank, and Clarksons Securities AS, acted as Joint Lead Managers in the bond issue.
Source: Scorpio Tankers Inc.