Scorpio Tankers Inc. Announces Closing of $61.8 Million Convertible Note Exchange and New Issuance MONACO, June 23, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (Scorpio Tankers, or the Company) announced today that it has closed its previously announced private exchange offer (the Exchange Offer), pursuant to which certain holders of the Companys 3.00% Convertible Senior Notes due 2022 (the Existing Notes) exchanged $19.4 million in aggregate principal amount of such Existing Notes for $19.4 million in aggregate principal amount of the Companys 3.00% Convertible Senior Notes due 2025 (the Exchange Notes). In addition, the Company has closed separate, privately negotiated, agreements with certain investors for the sale (the Sale) of $42.4 million in aggregate principal amount of the new 3.00% Convertible Senior Notes due 2025 (the Purchased Notes at 102.25% of par, plus accrued interest from May 15, 2020, and together with the Exchange Notes, the New Notes) in a private offering.