Torm lands USD 130 million loan agreement

Danish tanker carrier Torm has secured a framework agreement for financing of up to USD 130 million. The agreement involves a consortium of banks, including Danske Bank and ING.
BY RITZAU FINANS

Torm has entered a framework financing agreement for upwards of USD 130 million with nine MR vessels as collateral, informs Torm in a press release.

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 be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    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