A nnouncement no 426 March 2015 TORM obtains forbearance from lenders Page 1 of 1 TORM previously entered into a Restructuring Agreement with a group of its lenders and Oaktree Capital Management ID: 128162
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TORM obtains forbearance from lenders A nnouncement no. 4/26 March 2015 TORM obtains forbearance from lenders Page 1 of 1 TORM previously entered into a Restructuring Agreement with a group of its lenders and Oaktree Capital Management (Oaktree) regarding a possible restructuring of TORM (cf. company announcement no. 16 of 27 October 2014).This original Restructuring Agreement expires according to its terms on 31 March 2015. However, TORM, certain of its lenders and About TORMTORM is one of the worlds leading carriers of refined oil produc Safe Harbor statements as to the futureMatters discussed in this release may constitute forward-looking statements. Forward-looking statements reflect our current vie