Scorpio Tankers Inc. (STNG) said it has priced the offering of 29.01 million common shares, par value $0.01 per share, at a price of $8.10 per share. The offering may close on March 18, 2013. The net proceeds of the offering are planned to be used for vessel acquisitions, working capital and other general corporate purposes.
RS Platou Markets, Inc. is acting as sole manager in the offering, while RS Platou Markets AS is acting as lead placement agent. DNB Markets, Inc. is acting as senior placement agent. Clarkson Capital Markets, Evercore Group LLC and Skandinaviska Enskilda Banken AB are acting as placement agents.
For comments and feedback: editorial@rttnews.com