Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest announcement is out from Hafnia ( (HAFN) ).
Hafnia Limited has secured a USD 715 million Revolving Credit Facility to refinance existing debt, thereby reducing its overall funding costs and enhancing its financial flexibility. This facility, backed by a syndicate of 11 banks, underscores the confidence in Hafnia’s strategic direction and positions the company for future growth with an option for an additional USD 417 million within two years.
The most recent analyst rating on (HAFN) stock is a Buy with a NOK8.00 price target. To see the full list of analyst forecasts on Hafnia stock, see the HAFN Stock Forecast page.
More about Hafnia
Hafnia is a leading global tanker owner, specializing in the transportation of oil, oil products, and chemicals for major national and international companies. With a fleet of around 200 vessels, Hafnia offers a comprehensive shipping platform that includes technical management, commercial and chartering services, pool management, and a large-scale bunker procurement desk. The company operates from offices in Singapore, Copenhagen, Houston, and Dubai, employing over 4000 people both onshore and at sea. Hafnia is part of the BW Group, which has a long-standing history in oil and gas transportation and related sectors.
Average Trading Volume: 714,624
Current Market Cap: NOK26.29B
For detailed information about HAFN stock, go to TipRanks’ Stock Analysis page.