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4 articles found
2 positive
0 negative
2 neutral
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Scorpio Tankers Raises $200M in Convertible Notes, Launches $55M Share Buyback

Scorpio Tankers raises $200M in convertible notes due 2031 at premium pricing, launches concurrent $55M stock buyback, signaling management confidence.
STNGstock repurchasecapital markets
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Scorpio Tankers Raises $325M via Convertible Notes, Launches $100M Share Buyback

Scorpio Tankers prices $325M convertible notes due 2031 at 1.75%, up from $300M plan. Concurrent $100M share repurchase of 1.34M shares at $74.36.
STNGcapital allocationstock repurchase
BenzingaBenzinga··Globe Newswire

Scorpio Tankers Offloads Assets, Locks in LR2 Charter Rates Ahead of 2026

Scorpio Tankers sells three vessels for $130M and secures long-term LR2 charters at $30,500-$33,000/day through 2034.
STNGmarine transportationshipping
GlobeNewswire Inc.GlobeNewswire Inc.··Capital Link, Inc.

Shipping Executives Convene at Capital Link Forum to Address Market Dynamics and Energy Transition

Shipping executives convene March 9 in NYC to discuss market trends, energy transition, and sector strategies across major shipping segments.
CCECESEASBSBpCSBpD+15energy transitionfreight rates