TORM closes secondary offering of 6,329,874 Class A shares by Oaktree-owned holder

Bitget2026/10/07 15:54

TORM closed a secondary public offering of 6,329,874 Class A common shares sold by OCM Njord Holdings. OCM Njord, backed by Oaktree-managed funds, exited its entire Class A common share stake following the sale. TORM did not issue any shares, did not sell any stock, did not receive any proceeds from the offering. J.P. Morgan Securities acted as sole underwriter. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TORM plc published the original content used to generate this news brief via Cision (Ref. ID: 202610071153BITN____UKPR__EN_20261007-BIT-0151-0) on October 07, 2026, and is solely responsible for the information contained therein.

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TORM closed a secondary public offering of 6,329,874 Class A common shares sold by OCM Njord Holdings.
OCM Njord, backed by Oaktree-managed funds, exited its entire Class A common share stake following the sale.
TORM did not issue any shares, did not sell any stock, did not receive any proceeds from the offering.
J.P. Morgan Securities acted as sole underwriter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TORM plc published the original content used to generate this news brief via Cision (Ref. ID: 202610071153BITN____UKPR__EN_20261007-BIT-0151-0) on October 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TORM closes secondary offering of 6,329,874 Class A shares by Oaktree-owned holder

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