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Financing ·

Oaktree Capital affiliate sells 6.3M TORM shares in secondary offering

TRMDTORM plc

OCM Njord Holdings S.à r.l., an entity indirectly owned by funds managed by Oaktree Capital Management, sold 6,329,874 Class A common shares of TORM plc to underwriters led by J.P. Morgan Securities LLC. The transaction closed on October 7, 2026, following the pricing announcement on October 6, 2026. TORM plc did not receive any proceeds from this secondary offering conducted by the selling shareholder. TORM plc operates in the maritime industry, providing shipping and logistics services for oil and chemical products.

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