Scorpio Tankers buys back $5 million of convertibles due 2019 in May

By Tali Rackner

Norfolk, Va., July 28 – Scorpio Tankers Inc. repurchased $5 million of its convertible senior notes due 2019 in May, according to a press release.

The company repurchased the notes at $847.50 per $1,000 principal amount.

For the first six months of the year, the company bought back a total of $10 million of the convertibles.

Monaco-based Scorpio is an oil tanker business.

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