Ziton receives new owners and new capital structure

Strained wind carrier Ziton, which has long struggled to find capital, has secured a new capital structure containing prolongement of loans and a brand new owner.

BY ASTRID STURLASON & OLE ANDERSEN, TRANSLATED BY KRISTOFFER GRØNBÆK

Danish wind carrier Ziton has managed to land a deal with lenders and shareholders which entails a prolongment of the company’s loans.

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Private equity firm struggles to sell offshore wind carrier
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Ziton must raise new capital following breach of loan requirements
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