Placement of shareholding

TORM placement
Transaction:
IPO and ECM Advisory
Date:
Mar 2007
Deal Value:
EUR 535 million
Process:
Placement of shares
Industry:
Services

Placement of TORM’s shareholding in D/S Norden through a four day bookbuilding period.The transaction represented 33 per cent of all D/S Norden’s shares and tripled the share’s free float.