Wind servicer Ziton calls off big equity emission, turns to bonds

Wind service ship operator Ziton has shelved a planned share issue that was aimed at raising upwards of EUR 100 million. The plans turned out to be too costly to realize, says CEO. The shipping company has instead tapped the bond market.

BY SØREN PICO, SHIPPINGWATCH

Offshore wind service ship operator Ziton has decided to shelve a planned share issue, which was intended to raise around EUR 100 million.

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