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Oaktree Capital Funds Launch Offering of Torm Shares

MT Newswires·10/05/2026 23:50:50
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11:50 PM EDT, 10/05/2026 (MT Newswires) -- Oaktree Capital Management-advised funds, through OCM Njord Holdings, commenced a secondary public offering of 6,329,874 class A shares in Torm (TRMD-A.CO). The transaction is subject to market and other conditions, according to a Monday filing. The Denmark-listed tanker company will not receive any proceeds from the offering. As of the offer launch, Oaktree Capital held a 6% stake in Torm.