Product tanker giant Hafnia will take a headline figure of $230m from its pre-placement issue of shares on Oslo’s Axess exchange, accepting a one-third reduction from its original target goal of $345m.
Hafnia’s announcement today of 83.1m shares sold at a price of NOK 25.45 ($2.79) confirms the company’s Monday disclosure that it would be forced to scale back expectations for the deal across the board.
