May 17, 2018 / 8:43 PM / 3 months ago

BRIEF-Scorpio Announces Sale, Leaseback Agreements For Five Tankers

May 17 (Reuters) - Scorpio Tankers Inc:

* SCORPIO TANKERS ANNOUNCES SALE AND LEASEBACK AGREEMENTS FOR FIVE PRODUCT TANKERS

* SCORPIO TANKERS INC - AS PART OF AGREEMENTS, COMPANY WILL BAREBOAT CHARTER-IN VESSELS FOR A PERIOD OF EIGHT YEARS

* SCORPIO TANKERS - UPON COMPLETION OF AGREEMENT, CO’S LIQUIDITY IS EXPECTED TO INCREASE BY $42 MILLION IN AGGREGATE AFTER REPAYMENT OF OUTSTANDING DEBT Source text for Eikon: Further company coverage:

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