STNG News & Events

Scorpio Tankers announced that it priced a private offering of $325 million aggregate principal amount of 1.75% convertible senior notes due 2031. The offering size was increased from the announced offering size of $300 million aggregate principal amount of Notes. The Company has agreed to repurchase, concurrently with the closing of the Offering, approximately 1.34 million shares of the Company's common stock from purchasers of Notes in privately negotiated transactions effected with or through one of the initial purchasers or an affiliate, at a purchase price per share equal to the last reported sale price of $74.36 per share of the Common Stock on the New York Stock Exchange on April 7, 2026.

Scorpio Tankers announced its intention to offer $300M aggregate principal amount of convertible senior notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The company expects to use a portion of the net proceeds from the offering to repurchase shares of its common stock, concurrently with the closing of the offering.

Scorpio Tankers has entered into a strategic collaboration with AMPERA to jointly develop and commercialize advanced micronuclear power solutions for marine, shipping and related maritime applications. This strategic collaboration agreement aims to address growing global demand for reliable, zero-carbon power solutions in maritime, offshore and port infrastructure markets. Scorpio Tankers and AMPERA plan to develop and deploy ultra-safe, nuclear-powered maritime energy systems, including floating nuclear power barges in the near term and nuclear-powered vessels over the longer term. Scorpio Tankers will serve as the strategic market lead and domain expert for marine and maritime applications. The company will contribute marine engineering, technical design, regulatory expertise and global commercial relationships across shipping and maritime infrastructure markets. AMPERA will provide access to its safeguards-by-design proprietary micro-nuclear reactor technology and work jointly with Scorpio Tankers to develop commercial models and technical configurations tailored for maritime deployment, including power-as-a-service, leasing and long-term service agreements.