Group 1 - Scorpio Tankers Inc. has successfully placed USD 200 million of new senior unsecured bonds in the Nordic bond market, with a maturity date in January 2030 and a fixed coupon of 7.5% per annum, payable semi-annually [1][2] - The net proceeds from the bond issue will be used to refinance existing senior unsecured notes amounting to USD 70.6 million and for general corporate purposes [2] - Scorpio Tankers Inc. operates a fleet of 99 product tankers, including 38 LR2 tankers, 47 MR tankers, and 14 Handymax tankers, with an average age of 8.8 years [3]

Core Viewpoint - Scorpio Tankers Inc. is planning to arrange a series of fixed income investor calls starting January 13, 2025, potentially leading to a five-year USD denominated senior unsecured bond issue, subject to market conditions [1] Group 1: Bond Issue Details - The net proceeds from the proposed bond issue are intended for refinancing existing 7.0% senior unsecured notes due June 30, 2025, with an outstanding principal balance of USD 70.6 million, and for general corporate purposes [2] - The senior unsecured bonds, if issued, will be offered only to qualified institutional buyers in the United States under Rule 144A of the Securities Act of 1933, and will not be registered under the Securities Act or any state securities laws [3] Group 2: Company Overview - Scorpio Tankers Inc. is a provider of marine transportation of petroleum products globally, currently owning or leasing 99 product tankers, including 39 LR2 tankers, 46 MR tankers, and 14 Handymax tankers, with an average age of 8.8 years [4]

Core Insights - Capital Link is hosting a series of online Company Presentations featuring senior management teams from leading listed maritime companies to discuss business development, strategy, growth prospects, and sector outlook [1] Group 1: Event Details - The Company Presentation Series will include online attendance that is complimentary, with registration available through a provided link [2] - Each session will last no more than 45 minutes, consisting of a company slide presentation followed by a live Q&A session [2] - Institutional investors can request one-on-one meetings with company management via email [2] Group 2: Q&A and Interaction - Questions for the Q&A session can be submitted during the webinar or via email prior to the start of the session [3] Group 3: Company Information - Capital Link, founded in 1995, provides Investor & Public Relations and Media services to listed and private companies, and organizes industry and investment conferences annually [4] - Capital Link is a data partner of the Baltic Exchange and has a presence in New York City, London, Athens, and Oslo [4] Group 4: Upcoming Presentations - Scorpio Tankers Inc. (NYSE: STNG) will present on January 7, 2025, at 11:00 AM ET, followed by International Seaways, Inc. (NYSE: INSW) on January 9, 2025, at 10:00 AM ET [6]

Core Insights - The article reflects on a personal journey of self-discovery and the relationship with financial markets, emphasizing the importance of timing in maximizing impact [1] - The author views life as a long-term investment, akin to a call option with a maturity of approximately 100 years, and acknowledges the volatility experienced during the pandemic as a valuable lesson [1] - The narrative suggests that personal growth and learning from direct experiences are more significant than comparing financial returns with others or indices [1] Group 1 - The transition from urban life in Toronto to living in a self-built yurt in the boreal forest represents a shift towards self-sufficiency and a deeper connection with nature [1] - The author expresses that comfort and entertainment can diminish the value of human life, advocating for embracing volatility as a means of personal growth [1] - The journey into the woods is framed as a spiritual quest, with the author seeking to live deliberately and learn essential life lessons [1] Group 2 - Writing is highlighted as a crucial part of the research process, with the intention to share insights with a broader audience beyond a select few [1] - The article includes philosophical reflections on the nature of life and material wealth, referencing biblical verses to illustrate the importance of spiritual over material treasures [1] - The author draws inspiration from Thoreau's "Walden," emphasizing the desire to live deeply and authentically, avoiding a life of mere existence [1]

MONACO, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today that it has received commitments from a group of financial institutions for a revolving loan of up to $500.0 million (the “Revolving Credit Facility”).  The Revolving Credit Facility is a 100% revolving loan, which has a final maturity of seven years from the signing date and gives the Company the flexibility to draw down or repay the loan during the loan tenor. The Revolving Cred ...

Exhibit 99.1 Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2024 and the Declaration of a Dividend MONACO--(GLOBE NEWSWIRE - October 29, 2024) - Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three and nine months ended September 30, 2024. The Company also announced that its board of directors (the "Board of Directors") has declared a quarterly cash dividend on its common shares of $0.40 per share. Results for the three mo ...

Scorpio Tankers (STNG) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $1.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.70%. A quarter ago, it was expected that this shipping company would post earnings of $3.52 per share when it actually produced earnings of $3.60, delivering a surprise of 2.27%.Over the last four quarters, the c ...

Note: I previously covered Scorpio Tankers (NYSE: STNG ) in February. In the article, I discussed the product tankers market and the company’s merits. STNG was perfectly positioned with its relatively young fleet equipped with scrubbers. Scorpio's NAV was valued at $3,771 million atI am a voracious reader and self-taught investor. In the past, I was an accountant in the maritime industry. Now, I am a happy retiree passionate about writing and financial markets. As the kids are grown up, I have time to pursu ...

With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highestquality analysis of this type of information. I believe that Scorpio Tankers (NYSE: STNG ) stock, despite its impressive growth of over 43% in the past year, has become even more undervalued than it was a few months ago. As I see it, the business continues He leads the investing group Beyond the ...

MONACO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today that it has entered into an agreement to sell its 2019 built LR2 product tanker, STI Lily. The sale price is $73.5 million and the sale is expected to close within the fourth quarter of 2024. About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns or lease finances 102 product tanke ...