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An update from Scorpio Tankers ( (STNG) ) is now available.
Scorpio Tankers Inc. announced the full redemption of its 7.00% Fixed Rate Senior Unsecured Notes due 2025, which are listed on the New York Stock Exchange under the ticker symbol ‘SBBA’. The redemption is set for March 3, 2025, with a payment of $25.00 per share plus accrued interest, marking a strategic financial move that may impact the company’s financial structure and investor relations.
More about Scorpio Tankers
Scorpio Tankers Inc. is a company operating in the shipping industry, primarily focused on the transportation of refined petroleum products. The company is known for its fleet of modern tankers, which are used to transport products like gasoline, diesel, and jet fuel across global markets.
YTD Price Performance: -21.19%
Average Trading Volume: 994,312
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.97B
For a thorough assessment of STNG stock, go to TipRanks’ Stock Analysis page.