Scorpio Tankers says it has entered a $44m refinancing deal on two medium-range (MR) tankers.
The New York-listed company said it received the commitment from NIBC Bank for the loan facility. It will be used to refinance existing indebtedness on the two MR product tankers, both built 2013. No other information about the ships was immediately available.
The facility will mature five years from the signing date and bears interest at LIBOR plus a margin of 2.5%
