Scorpio Tankers Reports Sale Of An MR Product Tanker For $32.5M In July 2023
Portfolio Pulse from Benzinga Newsdesk
Scorpio Tankers has reported the sale of an MR product tanker for $32.5M in July 2023. The company will make no debt repayments associated with this sale as the vessel is unencumbered.
July 12, 2023 | 10:48 am
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Scorpio Tankers' sale of an MR product tanker for $32.5M in July 2023, with no associated debt repayments, could potentially improve the company's financial position.
The sale of the MR product tanker, which is unencumbered, means that Scorpio Tankers will not have to make any debt repayments associated with this sale. This could potentially improve the company's financial position and liquidity, which could have a positive impact on its stock price.
CONFIDENCE 80
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