Scorpio Tankers wants more capital for expansions

Scorpio Tankers is looking to the stock market in order to secure capital for a fleet expansion. The company has performed an underwritten public offering of shares for a total  of approximately USD 200 million.
BY JAKOB VESTERAGER

Rapidly growing tanker company Scorpio Tankers has performed an underwritten public offering of shares for a total of USD 200 million. This happens a few days after the company published a financial report showing a lower result than expected.

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