29/09/2014at 08:24

Torm lenders present proposal for debt restructuring

Torm has received a concrete restructuring proposal from a a group of the carrier's current lenders representing more than half of Torm's ship financing, and Oaktree Capital Management.

BY OLE ANDERSEN

Torm has received a proposal for a concrete restructuring agreement from the carrier's current lenders as well as Oaktree Capital Management.

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