In just four years, New York-listed Scorpio Tankers has turned from a company overburdened by debt into one flush with financial liquidity — a status that would not typically suggest raising a further $200m 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 the company’s successful unsecured issue at a 7.5%
