Torm has lender support from 92 percent of lenders

Torm has reached more than 90 percent consent for a new restructuring agreement. The carrier's management is confident in the support from more or less all of its lenders, according to a stock market announcement Monday.

The majority of lenders in Torm, or 92 percent of the carrier's existing loan facilities, have now shown support for the new restructuring agreement. Torm informs of this in a stock market announcement Monday, and management is confident of support from more or less all of its lenders.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading