Transaction: Debt Advisory
Date: June 2011
Deal value: Not disclosed
Process: Debt refinancing
Industry: Logistics and commercial services

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FIH Partners has advised TORM, listed on NASDAQ OMX Copenhagen and on NASDAQ in New York, in connection with the company's refinancing of selected parts of its interest bearing debt. TORM is one of the world's leading carriers of refined oil products as well as a significant player in the dry bulk market. The company runs a fleet of approximately 140 modern vessels in cooperation with other shipping companies