Scorpio Tankers announces equity offering

|About: Scorpio Bulkers Inc (SALT)|By:, SA News Editor

Scorpio Tankers (NYSE:STNG) announces public offering of $250M; net proceeds are expected to be used for general corporate purposes

As part of the offering, Scorpio Bulkers (NYSE:SALT) and Scorpio Services have expressed an interest to purchase shares at the public offering of ~$100M and $10M, respectively

Underwriters have an option to purchase an additional of $37.5M shares.

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