Tanker

Lenders provide Torm with capital for another six months

All of Torm's lenders have extended the carrier's working capital facility for another six months. This enables the company to work peacefully to secure a finalized capital structure, Torm tells ShippingWatch.
BY KATRINE GRØNVALD RAUN

All of Torm's lenders have agreed to extend the carrier's current working capital facility by another six months, so that the facility runs until March 31st 2015, says Torm in a brief to the stock exchange.

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