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Scorpio Tankers quiet period ends May 9

May 4, 2010

Scorpio Tankers, which provides seaborne transportation via three Panamax tanker vessels, will see its quiet period end on Sunday, May 9th. On March 30th, the company raised $163 million by offering 12.5 million shares at $13, below the range of $14-$16. Morgan Stanley and Dahlman Rose & Co. acted as lead managers on the deal.