New York-listed Scorpio Tankers has in four years gone from a company overburdened by debt to one flush with financial liquidity — a status that would not typically suggest raising $200m in further liquidity on the Oslo bond market.
Yet that is the coup just pulled off by the product tanker giant — and at a record-low interest margin.
TradeWinds caught up with Scorpio president Robert Bugbee on Thursday as he reflected on Scorpio’s successful unsecured issue at a 7.5%
