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bobky

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bobky

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Re: None

Friday, 02/17/2012 10:42:49 AM

Friday, February 17, 2012 10:42:49 AM

Post# of 2381996
TRMD-great news just out-COPENHAGEN, Denmark, Feb. 17, 2012 (GLOBE NEWSWIRE) -- 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.

We need your picks at 10 to 100 baggers board - http://investorshub.advfn.com/boards/board.aspx?board_id=10355

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