NYSE:STNGOil and Gas
How Scorpio’s Low‑Coupon Convertibles, Buybacks, and Micronuclear Bet Have Changed Its Investment Story (STNG)
In early April 2026, Scorpio Tankers Inc. completed a US$375 million private offering of 1.75% convertible senior notes due 2031, using about US$100 million of the proceeds to repurchase approximately 1.34 million shares and also agreed to sell two 2015-built MR product tankers for US$35.0 million each, with closing expected in the second quarter of 2026.
Alongside these financing and fleet moves, Scorpio Tankers entered a collaboration with AMPERA, Inc. to pursue micronuclear power...