Scorpio Tankers Inc Announces Pricing Of 29,012,000 Shares Of Common Stock

Wednesday, 13 Mar 2013 08:56am EDT 

Scorpio Tankers Inc announced that it has priced the offering of 29,012,000 shares of common stock, par value $0.01 per share, at a price of $8.10 per share. The offering is expected to close on March 18, 2013. RS Platou Markets, Inc. is acting as sole manager in the offering. 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. RS Platou Markets AS and Skandinaviska Enskilda Banken AB (publ) are not U.S. registered broker-dealers and to the extent that the offering is made within the United States, their activities will be effected only to the extent permitted by Rule 15a-6 under the Securities Exchange Act. The net proceeds of the offering are expected to be used for vessel acquisitions, working capital and other general corporate purposes. 

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