Scorpio Tankers Inc. Prices Reopening of 1.75% Convertible Senior Notes due 2031 and Concurrent Stock Repurchase
Scorpio Tankers priced a $200 million convertible senior notes offering, upsized from $150 million, with gross proceeds of $220.5 million. The company also repurchased 649,427 shares of its common stock at $84.69 per share, using $55 million of the offering proceeds.
Key figures
- Deal Value Usd
- 200000000
- Offering Price
- 84.69
- Shares Offered
- 649427
AI analysis
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