Oaktree Capital Management Sells 14.45% of TORM to Hafnia Ltd.

TORM plc has today been informed of the announcement (the Announcement) by Hafnia Limited (“Hafnia”), confirming that Oaktree Capital Management, L.P. and its affiliates have accepted, subject to entering into a definitive agreement, to sell to Hafnia approximately 14.1 million A shares in TORM, representing approximately 14.45% of TORM’s issued share capital (the Share Purchase). …

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