TORM extends temporary agreement with its bank group
News Release
TORM A/S
February 18, 2012
TORM and the Company’s bank group have extended the deferral of instalments and covenant
standstill announced on 17 January 2012. The agreement is after the extension valid until 1 March
2012 where TORM also will publish the 2011 annual report.
“I am satisfied to have agreed a new extension with the bank group. The negotiations continue
towards a comprehensive financing solution,” says CFO Roland M. Andersen.
Contact TORM A/S
Jacob Meldgaard, CEO, tel.: +45 3917 9200
Roland M. Andersen, CFO, tel.: +45 3917 9200
C. Søgaard-Christensen, IR, tel.: +45 3076 1288
Tuborg Havnevej 18
DK-2900 Hellerup, Denmark
Tel.: +45 3917 9200 / Fax: +45 3917 9393
www.torm.com
About
standstill announced on 17 January 2012. The agreement is after the extension valid until 1 March
2012 where TORM also will publish the 2011 annual report.
“I am satisfied to have agreed a new extension with the bank group. The negotiations continue
towards a comprehensive financing solution,” says CFO Roland M. Andersen.
Contact TORM A/S
Jacob Meldgaard, CEO, tel.: +45 3917 9200
Roland M. Andersen, CFO, tel.: +45 3917 9200
C. Søgaard-Christensen, IR, tel.: +45 3076 1288
Tuborg Havnevej 18
DK-2900 Hellerup, Denmark
Tel.: +45 3917 9200 / Fax: +45 3917 9393
www.torm.com
About