TORM Plc 8.25% 25-JAN-2029TORM Plc 8.25% 25-JAN-2029TORM Plc 8.25% 25-JAN-2029

TORM Plc 8.25% 25-JAN-2029

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TRMD5737453 analysis



Key facts


Issuer
Issue date
Jan 25, 2024
Maturity date
Jan 25, 2029
Outstanding amount
‪200.00 M‬USD
Face value
100,000.00USD
Minimum denomination
200,000.00USD
Coupon
8.25% (Fixed)
Yield to maturity
7.02%
TORM Plc engages in the business of transporting clean and dirty petroleum products. It operates under the Tanker and Marine Exhaust segments. The Tanker segment focuses on the transportation of refined oil products such as gasoline, jet fuel, and naphtha. The Marine Exhaust segment includes developing and producing advanced and green marine equipment. The company was founded by Ditlev E. Torm and Christian Schmiegelow in 1889 and is headquartered in London, the United Kingdom.
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