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Stock impact report

Scorpio Tankers Inc. Announces Agreements to Sell Two LR2 Product Tankers and an Update on its Outstanding Debt

Scorpio Tankers Inc. Common Shares (STNG) 
Last scorpio tankers inc. common shares earnings: 2/19 06:40 am Check Earnings Report
Company Research Source: GlobeNewswire
MONACO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has entered into agreements to sell two vessels and provided an update on its outstanding debt. Vessel Sales The Company has recently entered into agreements to sell two 2019 built scrubber-fitted LR2 product tankers, STI Lobelia and STI Lavender, for $61.2 million per vessel. The sales are expected to close within the fourth quarter of 2025. Emanuele Lauro, Chairman and Chief Executive Officer, commented "These sales offer the dual benefit of capitalizing on cyclically high secondhand vessel values while further strengthening our balance sheet. At $131 million on a pro-forma basis, the Company’s net debt could reach zero in the near future, an outcome which underscores both the cash-generating power of this market and our commitment to deleveraging.” Update on Current Liquidity and Debt The table below summarizes the Company’s outs Show less Read more
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