ET 03:03

Hafnia Prices IPO at $20 Per Share, Targeting $210.4 Million Raise

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Hafnia priced its initial public offering of 10.52 million shares at $20 each on April 3, 2026, securing approximately $210.4 million in gross proceeds. The transaction establishes the company’s public market valuation ahead of its scheduled exchange debut. The pricing aligns with the previously indicated range, reflecting steady institutional demand. Proceeds will be allocated to fleet expansion, balance sheet optimization, and general corporate operations. Standard settlement protocols will apply before shares begin trading. The listing highlights renewed capital market activity in the maritime sector, where operators are leveraging equity financings to fund vessel upgrades and meet evolving environmental compliance standards.

EditorLim