Morgan Stanley is acting as sole book running manager for the offering. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on TRMD: Torm downgraded to Hold on normalizing earnings at Fearnley Torm plc downgraded to Hold from Buy at Fearnley TORM plc Expands Capital with New Share Issuance Torm plc downgraded to Hold from Buy at SEB Equities TORM Expands Capital with New Vessel Delivery