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STNG announced a 30.672M share offering @ $7.50/sh

http://finance.yahoo.com/news/scorpio-tankers-inc-announces-...


Somewhat unusual given the company completed a secondary offering in early December 2012.
STNG appears to be aggressively placing orders for new vessels- 16 newbuilds currently, with
options for 10-12 more vessels. STNG current debt load seems on the lighter side, but that's
probably because a majority of the newbuild debt is not showing yet.
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