---
title: "Scorpio Tankers prices $150M reopening of 1.75% convertible notes due 2031, launches share repurchase"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285665680.md"
description: "Scorpio Tankers has priced a private offering of $200M in additional 1.75% convertible senior notes due 2031, up from the initially planned $150M. The notes were priced at 110.25% of par, with accrued interest payable. Concurrently, the company will repurchase 649,427 shares at $84.69 each. The offering is set to close on May 12, 2026."
datetime: "2026-05-08T05:03:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285665680.md)
  - [en](https://longbridge.com/en/news/285665680.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285665680.md)
---

# Scorpio Tankers prices $150M reopening of 1.75% convertible notes due 2031, launches share repurchase

Scorpio Tankers (STNG) has priced a private offering of $200M aggregate principal amount of additional 1.75% convertible senior notes due 2031. The offering size was increased from the previously announced $150M aggregate principal amount of new notes, which were priced at 110.25% of par, plus approximately $1.56 in accrued interest per $1,000 prin...

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