Cravath, Swaine & Moore LLP
10/21/2026 | Press release | Distributed by Public on 10/21/2026 10:15
TORM plc’s Registered Offering of Common Shares
Cravath represented the underwriter in connection with the registered offering by an affiliate of Oaktree Capital Management, L.P. of $254 million of common shares of TORM plc., one of the world's largest maritime transporters of refined oil products. The shares were listed on the Nasdaq. The transaction closed on October 7, 2026.
The Cravath team included partner Andrew J. Pitts and associates Asiya Jaffer and Ryan W. Herrmann on capital markets matters, and partner Arvind Ravichandran and associates Josh Banafsheha and Jonathan Jiang on tax matters.
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