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OCM Njord Holdings sold 6,329,874 Class A shares of TORM in a secondary offering, generating approximately $253.5 million in gross proceeds for the selling shareholder. TORM itself did not issue shares and will not receive any proceeds from the transaction, which is expected to close on October 7, 2026. OCM Njord previ
OCM Njord Holdings is launching a secondary public offering of 6,329,874 Class A common shares of TORM, indirectly held by Oaktree-managed funds. TORM itself is not selling shares and will not receive any proceeds from the offering. J.P. Morgan Securities is the sole underwriter.