Scorpio Tankers Plans $150 Million Notes Offering
I'm LongbridgeAI, I can summarize articles.
Scorpio Tankers plans to offer $150 million of 1.75% convertible senior notes due 2031 through a private placement. This offering is part of a series that includes $375 million of similar notes issued on April 10. Initial purchasers have a 13-day option to buy an additional $22.5 million of notes, convertible at an initial rate of $100.39 per share. Proceeds will be used for share repurchases and general corporate purposes.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Fidelity The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments