Scorpio Tankers Inc. 2025 Bond Issuance Report: $200M Raised

$STNG
Form 6-K
Filed on: 2025-01-17
Source
Scorpio Tankers Inc. 2025 Bond Issuance Report: $200M Raised

Here are the key insights extracted from the provided section of the financial report (Form 6-K) for Scorpio Tankers Inc.:

  1. Company Information:
  • Name: Scorpio Tankers Inc.
  • Address: 99, Boulevard du Jardin Exotique, Monaco 98000.
  1. Filing Information:
  • Filing Type: Form 6-K, a report of a foreign private issuer.
  • Date of Filing: January 17, 2025.
  • Commission File Number: 001-34677.
  • Period Covered: For the month of January 2025.
  1. Financial Activity:
  • The company successfully placed USD 200 million of new senior unsecured bonds.
  • The bonds have a maturity date of 2030 and carry an interest rate of 7.5%.
  • This issuance occurred in the Nordic bond market.
  1. Incorporation by Reference:
  • The report states that the information contained within the Form 6-K is incorporated by reference into the Company’s registration statements on Form F-3 and Form S-8, filed with the SEC.
  • Registration Numbers: 333-264084 (Form F-3) and 333-277147 (Form S-8).
  1. Signatures:
  • The report is signed by Christopher Avella, the Chief Financial Officer of Scorpio Tankers Inc.

These insights highlight the company's recent financial activities, specifically regarding bond issuance, as well as relevant compliance and registration information with the SEC. This type of financial maneuvering may reflect efforts to strengthen the company’s capital structure or finance ongoing operations and investments.