UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
TORM PLC
(Name of Issuer)
Class A common shares, par value $0.01 per share
(Title of Class of Securities)
G89479102
(CUSIP Number)
Todd E. Molz
Managing Director, General Counsel and Chief Administrative Officer
Oaktree Capital Group Holdings GP, LLC
333 S. Grand Avenue, 28th Floor
Los Angeles, California 90071
(213) 830-6300
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
September 9, 2020
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No. G89479102
SCHEDULE 13D
Page 2 of 18


1
NAME OF REPORTING PERSON
 
OCM NJORD HOLDINGS S.À R.L.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☐
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
WC
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Luxembourg
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
53,252,767
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
53,252,767
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
53,252,767
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
71.2% (1)
 
14
TYPE OF REPORTING PERSON
 
OO
 
 
(1) This percentage is based on 74,748,248 Shares outstanding as of December 31, 2019, as reported by the Issuer on its Annual Report on Form 20-F filed with the United States Securities Exchange Commission (the “SEC”) on March 11, 2020 (the “Form 20-F”).


CUSIP No. G89479102
SCHEDULE 13D
Page 3 of 18


1
NAME OF REPORTING PERSON
 
OCM LUXEMBOURG OPPS IX S.À R.L
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☐
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Luxembourg
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
53,252,767 (1)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
53,252,767 (1)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
53,252,767 (1)
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
71.2%
 
14
TYPE OF REPORTING PERSON
 
OO
 
 
(1) Solely in its capacity as the majority shareholder of OCM Njord Holdings S.à r.l.


CUSIP No. G89479102
SCHEDULE 13D
Page 4 of 18


1
NAME OF REPORTING PERSON
 
OAKTREE OPPORTUNITIES FUND IX, L.P.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☐
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
53,252,767 (1)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
53,252,767 (1)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
53,252,767 (1)
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
71.2%
 
14
TYPE OF REPORTING PERSON
 
PN
 
(1) Solely in its capacity as the majority shareholder of OCM Luxembourg OPPS IX S.à r.l.


CUSIP No. G89479102
SCHEDULE 13D
Page 5 of 18


1
NAME OF REPORTING PERSON
 
OAKTREE OPPORTUNITIES FUND IX GP, L.P.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☐
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
53,252,767 (1)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
53,252,767 (1)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
53,252,767 (1)
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
71.2%
 
14
TYPE OF REPORTING PERSON
 
PN
 
(1) Solely in its capacity as the general partner of Oaktree Opportunities Fund IX, L.P.
 

CUSIP No. G89479102
SCHEDULE 13D
Page 6 of 18


1
NAME OF REPORTING PERSON
 
OAKTREE OPPORTUNITIES FUND IX GP, LTD.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☐
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
53,252,767 (1)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
53,252,767 (1)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
53,252,767 (1)
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
71.2%
 
14
TYPE OF REPORTING PERSON
 
OO
 
(1) Solely in its capacity as the general partner of Oaktree Opportunities Fund IX GP, L.P.


CUSIP No. G89479102
SCHEDULE 13D
Page 7 of 18


1
NAME OF REPORTING PERSON
 
OAKTREE CAPITAL MANAGEMENT, L.P.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☐
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
53,252,767 (1)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
53,252,767 (1)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
53,252,767 (1)
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
71.2%
 
14
TYPE OF REPORTING PERSON
 
IA
 
(1) Solely in its capacity as the sole director of Oaktree Opportunities Fund IX GP, Ltd.
 

CUSIP No. G89479102
SCHEDULE 13D
Page 8 of 18


1
NAME OF REPORTING PERSON
 
OAKTREE CAPITAL MANAGEMENT GP, LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☐
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
53,252,767 (1)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
53,252,767 (1)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
53,252,767 (1)
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
71.2%
 
14
TYPE OF REPORTING PERSON
 
OO
 
(1) Solely in its capacity as the general partner of Oaktree Capital Management, L.P.


CUSIP No. G89479102
SCHEDULE 13D
Page 9 of 18


1
NAME OF REPORTING PERSON
 
ATLAS OCM HOLDINGS LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☐
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
53,252,767 (1)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
53,252,767 (1)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
53,252,767 (1)
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
71.2%
 
14
TYPE OF REPORTING PERSON
 
CO
 
(1) Solely in its capacity as the sole managing member of Oaktree Capital Management GP, LLC.


CUSIP No. G89479102
SCHEDULE 13D
Page 10 of 18


1
NAME OF REPORTING PERSON
 
OAKTREE CAPITAL GROUP, LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☐
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
53,252,767 (1)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
53,252,767 (1)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
53,252,767 (1)
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
71.2%
 
14
TYPE OF REPORTING PERSON
 
OO
 
(1) Solely in its capacity as the managing member of Atlas OCM Holdings LLC.


CUSIP No. G89479102
SCHEDULE 13D
Page 11 of 18


1
NAME OF REPORTING PERSON
 
OAKTREE CAPITAL GROUP HOLDINGS GP, LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☐
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
53,252,767 (1)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
53,252,767 (1)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
53,252,767 (1)
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
71.2%
 
14
TYPE OF REPORTING PERSON
 
OO
 
(1) Solely in its capacity as the indirect owner of the class B units of each of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC.


CUSIP No. G89479102
SCHEDULE 13D
Page 12 of 18


1
NAME OF REPORTING PERSON
 
BROOKFIELD ASSET MANAGEMENT INC.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☐
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Ontario, Canada
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
53,252,767 (1)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
53,252,767 (1)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
53,252,767 (1)
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
71.2%
 
14
TYPE OF REPORTING PERSON
 
HC
 
(1) Solely in its capacity as the indirect owner of the class A units of each of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC.


CUSIP No. G89479102
SCHEDULE 13D
Page 13 of 18


1
NAME OF REPORTING PERSON
 
PARTNERS LIMITED
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  ☐
(b)  ☐
3
SEC USE ONLY
 
 
 
4
SOURCE OF FUNDS
 
AF
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Ontario, Canada
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
7
SOLE VOTING POWER
 
53,252,767 (1)
8
SHARED VOTING POWER
 
0
9
SOLE DISPOSITIVE POWER
 
53,252,767 (1)
10
SHARED DISPOSITIVE POWER
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
53,252,767 (1)
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
71.2%
 
14
TYPE OF REPORTING PERSON
 
HC
 
(1) Solely in its capacity as the sole owner of Class B Limited Voting Shares of Brookfield Asset Management, Inc.


CUSIP No. G89479102
SCHEDULE 13D
Page 14 of 18

Item 1. Security and Issuer

This fifth amendment to Schedule 13D (this “Schedule 13D”), amending amendment 4 to Schedule 13D filed on June 17, 2020 (the “Previous 13D/A”), relates to the Class A common shares, par value $0.01 per share (the “Shares”) of TORM plc (the “Issuer”), a foreign private issuer as defined in Rule 3b-4 of the Act, with principal executive offices at Birchin Court, 20 Birchin Lane, London, EC3V 9DU, United Kingdom.

Item 2. Identity and Background
 
(a) - (c), (f) This Schedule 13D is filed as a joint statement pursuant to Rule 13d-1(k) under the Act by each of the following persons (collectively, the Reporting Persons):
 
i) OCM Njord Holdings S.à r.l. (Njord Luxco), a Société à responsabilité limitée incorporated in Luxembourg, whose principal business is to hold the Shares reported herein;

ii) OCM Luxembourg OPPS IX S.à r.l. (OPPS IX), a a Société à responsabilité limitée incorporated in Luxembourg, whose principal business is to act as a shareholder or holding vehicle for certain investments from time to time;

iii) Oaktree Opportunities Fund IX, L.P. (Fund IX), a Cayman Islands exempted limited partnership whose principal business is to make investments in accordance with its established purpose and other applicable terms of its limited partnership agreement;

iv) Oaktree Opportunities Fund IX GP, L.P. (Fund IX GP LP), a Cayman Islands exempted limited partnership whose principal business is to serve as, and perform the functions of, general partner of Fund IX;

v) Oaktree Opportunities Fund IX GP, Ltd. (Fund IX GP Ltd), a Cayman Islands exempted company whose principal business is to serve as, and perform the functions of, general partner of Fund IX GP LP;

vi) Oaktree Capital Management, L.P. (Management), a Delaware limited partnership and a registered investment adviser under the Investment Advisers Act of 1940, as amended, whose principal business is to provide investment advisory services to certain investment funds and accounts, including Fund IX;

vii) Oaktree Capital Management GP LLC (Management GP), a Delaware limited liability company, whose principal business is to serve as, and perform the functions of, general partner of Management;

viii) Atlas OCM Holdings LLC (Atlas), a Delaware limited liability, whose principal business is to serve as, and perform the functions of, the manager of Management GP;

ix) Oaktree Capital Group, LLC (OCG), a Delaware limited liability company whose principal business is to act as the holding company and controlling entity of each of the general partner and investment adviser of certain investment funds and separately managed accounts, including Atlas; and

x) Oaktree Capital Group Holdings GP, LLC (OCGH), a Delaware limited liability company whose principal business is to serve as, and perform the functions of, the indirect owner of the class B units of each of OCG and Atlas.

xi) Brookfield Asset Management Inc. (“BAM”), a Canadian corporation, in its capacity as the indirect owner of the class A units of each of OCG and Atlas; and

xii) Partners Limited (“Partners”), a Canadian corporation, in its capacity as the sole owner of Class B Limited Voting Shares of BAM.
 
The Reporting Persons have previously entered into a joint filing agreement, dated as of March 27, 2020.

CUSIP No. G89479102
SCHEDULE 13D
Page 15 of 18

Set forth in the attached Annex A is a listing of the directors, executive officers, members and general partners, as applicable, of each Reporting Person (collectively, the Covered Persons), and Annex A is incorporated by reference into this Item 2. Each of the Covered Persons that is a natural person is a United States citizen.
The principal business address of each of Njord Luxco and OPPS IX is 26A Boulevard Royal, L-2449 Luxembourg, Grand-Duchy of Luxembourg. The principal business address of the remaining Reporting Persons and Covered Persons is c/o Oaktree Capital Group Holdings GP, LLC, 333 South Grand Avenue, 28th Floor, Los Angeles, California 90071.

(d) and (e) During the last five years, none of the Reporting Persons and, to the best of their knowledge, none of the Covered Persons: (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors); or (ii) has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
 
Item 3. Source and Amount of Funds or Other Consideration

The response to Item 4 of this Schedule 13D and Item 3 of the Previous 13D/A are incorporated by reference herein.

Between the filing of the previous Schedule 13D/A and this Report, the Reporting Persons acquired 1,447,842 Shares in open market transactions for general investment purposes, consisting of 302,615 Shares on August 26, 2020 at a price of $48.65, 14,891 Shares on September 7, 2020 at a price of $41.40, 99,557 Shares on September 8, 2020 at a price of $41.92, 345,993 Shares on September 9, 2020 at a price of $42.01, 10,089 Shares on September 10, 2020 at a price of $41.91 and 674,697 Shares on September 11, 2020 at a price of $43.99. The source of the funds for the Shares acquired was cash on hand.

Item 4. Purpose of Transaction
 
The response to Item 4 from the Previous 13D/A and Item 3 to this Schedule 13D are incorporated by reference herein.

Item 5. Interest in Securities of the Issuer
 
(a, b) The information contained on the cover pages of this Schedule 13D  is incorporated herein by reference. Ownership percentages set forth in this Schedule 13D are based on a total of 74,748,248 Shares outstanding as of December 31, 2019, as reported by the Issuer on its Annual Report on Form 20-F filed with the SEC on March 11, 2020. As of the date hereof, each of the Reporting Persons may be deemed the beneficial owner of 53,252,767 Shares, which represents approximately 71.2% of the total outstanding Shares.

Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission by any of the Reporting Persons, other than Njord Luxco, Oaktree Opportunities Fund IX, L.P. and Oaktree Opportunities Fund VIIIb Delaware, L.P., that it is the beneficial owner of any of the Shares for the purposes of Section 13(d) of the Act, or for any other purpose, and, except to the extent of its pecuniary interest, such beneficial ownership is expressly disclaimed by each Reporting Person, other than such entities. 

(c) The response to Item 4 of this Schedule 13D is incorporated by reference herein. Except as described herein, no transactions in the Shares have been effected by the Reporting Persons within the past 60 days.
 
(d) This Item 5(d) is not applicable.
 
(e) This Item 5(e) is not applicable.
 
Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
 
The response to Item 4 of this Schedule 13D is incorporated by reference herein.

CUSIP No. G89479102
SCHEDULE 13D
Page 16 of 18
 
Item 7. Material to be Filed as Exhibits.
 
Exhibit A: Joint Filing Agreement*
 
Exhibit B: Form of Subscription Form*
 
Exhibit C: Form of Subscription and Backstop Undertaking*
 
Exhibit D: Form of Shareholder Lock-Up Agreement*

___________________________
* Previously filed


CUSIP No. G89479102
SCHEDULE 13D
Page 17 of 18

SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
 
OCM NJORD HOLDINGS S.À R.L.
 
 
 
 
 
 
By:
/s/ Frederik Grysolle
 
 
Name:
Frederik Grysolle
 
 
Title:
Manager
 
 
 
 
 
 
By:
/s/ Hugo Froment
 
 
Name:
Hugo Froment
 
 
Title:
Manager
 
 
 
 
OCM LUXEMBOURG OPPS IX S.À R.L.
 
 
 
 
 
 
By:
/s/ Martin Eckel
 
 
Name:
Martin Eckel
 
 
Title:
Manager
 
 
 
 
 
 
By:
/s/ Hugo Froment
 
 
Name:
Hugo Froment
 
 
Title:
Manager
 
 
 
 
 
 
 
 
 
 
OAKTREE OPPORTUNITIES FUND IX, L.P.
 
 
 
 
 
 
By:
Oaktree Opportunities Fund IX GP, L.P.
 
 
Its:
General Partner
 
 
 
 
 
 
By:
Oaktree Opportunities Fund IX GP, Ltd.
 
 
Its:
General Partner
 
 
 
 
 
 
By:
Oaktree Capital Management, L.P.
 
 
Its:
Director
 
 
 
 
 
 
By:
/s/ Jordan Mikes
 
 
Name:
Jordan Mikes
 
 
Title:
Senior Vice President
 
 
 
 
 
 
 
 
 
 
OAKTREE OPPORTUNITIES FUND IX GP, L.P.
 
 
 
 
 
 
By:
Oaktree Opportunities Fund IX GP, Ltd.
 
 
Its:
General Partner
 
 
 
 
 
 
By:
Oaktree Capital Management, L.P.
 
 
Its:
Director
 
 
 
 
 
 
By:
/s/ Jordan Mikes
 
 
Name:
Jordan Mikes
 
 
Title:
Senior Vice President
 
 
 
 
 
 

CUSIP No. G89479102
SCHEDULE 13D
Page 18 of 18


 
OAKTREE OPPORTUNITIES FUND IX GP, LTD.
 
 
 
 
 
 
By:
Oaktree Capital Management, L.P.
 
 
Its:
Director
 
 
 
 
 
 
By:
/s/ Jordan Mikes
 
 
Name:
Jordan Mikes
 
 
Title:
Senior Vice President
 
 
 
 
 
 
 
 
 
 
OAKTREE CAPITAL MANAGEMENT, L.P.
 
 
 
 
 
 
By:
/s/ Jordan Mikes
 
 
Name:
Jordan Mikes
 
 
Title:
Senior Vice President
 
 
 
 
 
 
 
 
 
 
OAKTREE CAPITAL MANAGEMENT GP, LLC
 
 
 
 
 
 
By:
/s/ Jordan Mikes
 
 
Name:
Jordan Mikes
 
 
Title:
Senior Vice President
 
 
 
 
 
 
 
 
 
 
ATLAS OCM HOLDINGS, LLC
 
       
 
By:
Oaktree New Holdings, LLC
 
 
Its:
Member
 
       
 
By:
/s/ Jordan Mikes
 
 
Name:
Jordan Mikes
 
 
Title:
Senior Vice President
 
       
       
 
OAKTREE CAPITAL GROUP, LLC
 
 
 
 
 
 
By:
/s/ Jordan Mikes
 
 
Name:
Jordan Mikes
 
 
Title:
Senior Vice President
 
 
 
 
 
 
 
 
 
 
OAKTREE CAPITAL GROUP HOLDINGS GP, LLC
 
 
 
 
 
 
By:
/s/ Jordan Mikes
 
 
Name:
Jordan Mikes
 
 
Title:
Senior Vice President
 
       
       
 
BROOKFIELD ASSET MANAGEMENT INC.
 
       
 
By:
/s/ Jessica Diab
 
 
Name:
Jessica Diab
 
 
Title:
Vice President, Legal & Regulatory
 
       
       
 
PARTNERS LIMITED
 
       
 
By:
/s/ Brian Lawson
 
 
Name:
Brian Lawson
 
 
Title:
Director and President
 

September 11, 2020
 

 
ANNEX A
 
Each of the individuals identified in this Annex A disclaim beneficial ownership over the Shares reported herein.
 
OCM Njord Holdings S.à r.l.
The majority shareholder of OCM Njord Holdings S.à r.l. is OCM Luxembourg OPPS IX S.à r.l.
OCM Luxembourg OPPS IX S.à r.l.
The majority shareholder of OCM Luxembourg OPPS IX S.à r.l. is Oaktree Opportunities Fund IX, L.P. 
Oaktree Opportunities Fund IX, L.P.
The general partner of Oaktree Opportunities Fund IX, L.P. is Oaktree Opportunities Fund IX GP, L.P.
Oaktree Opportunities Fund IX GP, Ltd. 
The sole director of Oaktree Opportunities Fund IX GP, Ltd. is Oaktree Capital Management, L.P.
Oaktree Capital Management, L.P.
The general partner of Oaktree Capital Management, L.P. is Oaktree Capital Management GP, LLC.
Oaktree Capital Management GP, LLC
The general partner of Oaktree Capital Management GP, LLC is Atlas OCM Holdings, LLC.
Atlas OCM Holdings, LLC
The name and principal occupation of each of the directors and executive officers of Atlas OCM Holdings, LLC are listed below.
Name
 
Principal Occupation
     
Howard S. Marks
 
Co-Chairman and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Co-Chairman of Oaktree Capital Management, L.P.
     
Bruce A. Karsh
 
Co-Chairman, Chief Investment Officer and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Co-Chairman and Chief Investment Officer of Oaktree Capital Management, L.P.
     
Jay S. Wintrob
 
Chief Executive Officer and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Chief Executive Officer of Oaktree Capital Management, L.P.
     
John B. Frank
 
Vice Chairman and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Vice Chairman of Oaktree Capital Management, L.P.
     
Sheldon M. Stone
 
Principal and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Principal of Oaktree Capital Management, L.P.




Justin Beber
 
Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, Managing Partner, and Head of Corporate Strategy and Chief Legal Officer for Brookfield Asset Management Inc.
     
Bruce Flatt
 
Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Chief Executive Officer of Brookfield Asset Management Inc.
     
D. Richard Masson
 
Owner and general manager of Golden Age Farm, LLC
     
Marna C. Whittington
 
Retired
     
Steven J. Gilbert
 
Founder and Chairman of the Board of Gilbert Global Equity Partners, L.P.

Oaktree Capital Group, LLC
The name and principal occupation of each of the directors and executive officers of Oaktree Capital Group, LLC are listed below.

Name
 
Principal Occupation
     
Howard S. Marks
 
Co-Chairman and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Co-Chairman of Oaktree Capital Management, L.P.
     
Bruce A. Karsh
 
Co-Chairman, Chief Investment Officer and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Co-Chairman and Chief Investment Officer of Oaktree Capital Management, L.P.
     
Jay S. Wintrob
 
Chief Executive Officer and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Chief Executive Officer of Oaktree Capital Management, L.P.
     
John B. Frank
 
Vice Chairman and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Vice Chairman of Oaktree Capital Management, L.P.
     
Sheldon M. Stone
 
Principal and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Principal of Oaktree Capital Management, L.P.
     
Justin Beber
 
Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, Managing Partner, and Head of Corporate Strategy and Chief Legal Officer for Brookfield Asset Management Inc.
     
Bruce Flatt
 
Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Chief Executive Officer of Brookfield Asset Management Inc.
     
D. Richard Masson
 
Owner and general manager of Golden Age Farm, LLC
     
Marna C. Whittington
 
Retired
     
Steven J. Gilbert
 
Founder and Chairman of the Board of Gilbert Global Equity Partners, L.P.
     
Daniel D. Levin
 
Chief Financial Officer of Oaktree Capital Group, LLC and Chief Financial Officer of Oaktree Capital Management, L.P.
     
Todd E. Molz
 
General Counsel, Chief Administrative Officer and Secretary of Oaktree Capital Group, LLC and General Counsel and Chief Administrative Officer of Oaktree Capital Management, L.P.


Oaktree Capital Group Holdings GP, LLC
Oaktree Capital Group Holdings GP, LLC is managed by an executive committee. The name and principal occupation of each of the members of the executive committee of Oaktree Capital Group Holdings GP, LLC and its executive officers are listed below.
Name
 
Principal Occupation
     
Howard S. Marks
 
Co-Chairman and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Co-Chairman of Oaktree Capital Management, L.P.
     
Bruce A. Karsh
 
Co-Chairman, Chief Investment Officer and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Co-Chairman and Chief Investment Officer of Oaktree Capital Management, L.P.
     
Jay S. Wintrob
 
Chief Executive Officer and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Chief Executive Officer of Oaktree Capital Management, L.P.
     
John B. Frank
 
Vice Chairman and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Vice Chairman of Oaktree Capital Management, L.P.
     
Sheldon M. Stone
 
Principal and Director of Oaktree Capital Group, LLC and Atlas OCM Holdings, LLC, and Principal of Oaktree Capital Management, L.P.

Brookfield Asset Management Inc.
The name, principal occupation, address and citizenship of each of the directors and executive officers of Brookfield Asset Management Inc. are listed below.

Name and Position of
Officer or Director
 
Principal
Business Address
 
Principal Occupation
or Employment
 
Citizenship
 
         
M. Elyse Allan, Director
 
181 Bay Street, Suite 210, Toronto, Ontario M5J 2T3, Canada
 
Corporate Director
 
U.S.A. and Canada
 
         
Jeffrey M. Blidner, Vice Chair and Director
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Vice Chair of Brookfield
 
Canada
 
         
Angela F. Braly, Director
 
832 Alverna Drive, Indianapolis, Indiana 46260 U.S.A.
 
Corporate Director
 
U.S.A.
 
         
Jack L. Cockwell, Director
 
51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada
 
Chair of Brookfield Partners Foundation
 
Canada
 
         
Marcel R. Coutu, Director
 
c/o Suite 1210 225 - 6th Ave. S.W., Calgary, Alberta T2P 1N2
 
Corporate Director
 
Canada
 
         
Murilo Ferreira, Director
 
Rua General Venãncio Flores, 50 Cob 01, Leblon Rio de Janeiro, RJ 22441-090
 
Former Chief Executive Officer of Vale SA
 
Brazil
 
         
J. Bruce Flatt, Director and Managing Partner and Chief Executive Officer
 
One Canada Square, Level 25 Canary Wharf, London E14 5AA U.K.
 
Managing Partner and Chief Executive Officer of Brookfield
 
Canada
 
         
Maureen Kempston Darkes, Director
 
10 Avoca Avenue, Unit 1904, Toronto, Ontario M4T 2B7
 
Corporate Director
 
Canada
 
         
Brian W. Kingston, Managing Partner, Chief Executive Officer Real Estate
 
250 Vesey Street, 15th Floor, New York, NY 10281-1023 U.S.A.
 
Managing Partner, Chief Executive Officer Real Estate of Brookfield
 
Canada
 




Brian D. Lawson, Vice Chair and Director
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Vice Chair of Brookfield
 
Canada
 
         
Cyrus Madon, Managing Partner, Chief Executive Officer Private Equity
 
181 Bay Street, Suite300, Toronto, Ontario M5J 2T3, Canada
 
Managing Partner, Chief Executive Officer Private Equity of Brookfield
 
Canada
 
               
Frank J. McKenna, Director
 
 TDCT Tower
161 Bay Street, 35th Floor
Toronto, Ontario
M5J 2T2, Canada
 
Chair of Brookfield and Deputy Chair of TD Bank Group, Wholesale
 
Canada
 
               
Rafael Miranda, Director
 
 C/Santiago de Compostela 100 28035 Madrid, Spain
 
Corporate Director
 
Spain
 
               
Janice Fukakusa, Director
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Corporate Director
 
Canada
 
           
Lord Augustine Thomas O’Donnell, Director
 
Frontier Economics, 71 High Holborn, London U.K. WC1V 6DA
 
Chairman of Frontier Economics Limited
 
United Kingdom
 
           
Lori Pearson, Managing Partner and Chief Operating Officer
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Managing Partner and Chief Operating Officer of Brookfield
 
Canada
 
           
Samuel J.B. Pollock, Managing Partner, Chief Executive Officer Infrastructure
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Managing Partner, Chief Executive Officer Infrastructure of Brookfield
 
Canada
 
           
Seek Ngee Huat, Director
 
501 Orchard Road, #08 - 01 Wheelock Place, Singapore 238880
 
 Chairman, Global Logistic Properties
 
Singapore
 
           
Sachin G. Shah, Managing Partner, Chief Executive Officer Renewable Power
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Managing Partner, Chief Executive Officer Renewable Power of Brookfield
 
Canada
 
           
Diana L. Taylor, Director
 
c/o Bloomberg, Philanthropies, 25 East 78th Street, New York, N.Y. 10075
 
Corporate Director
 
U.S.A. and Canada
 
           
Justin Beber, Managing Partner, Head of Corporate Strategy and Chief Legal Officer
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Managing Partner, Head of Corporate Strategy and Chief Legal Officer of Brookfield
 
Canada
 
               
Howard S. Marks, Director
 
c/o Oaktree Capital Management, L.P., 333 South Grand Avenue, 28th Floor, Los Angeles, California 90071
 
 Co-Chairman, Oaktree Capital Management
 
U.S.A
 
               
Nicholas H. Goodman, Managing Partner and Chief Financial Officer
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Managing Partner and Chief Financial Officer of Brookfield
 
United Kingdom
 
               
Craig Noble, Managing Partner, Chief Executive Officer Alternative Investments
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Managing Partner, Chief Executive Officer Alternative Investments of Brookfield
 
Canada
 



Partners Limited
The name, principal occupation, address and citizenship of each of the directors and executive officers of Partners Limited are listed below.

Name and Position of
Officer or Director
 
Principal
Business Address
 
Principal Occupation
or Employment
 
Citizenship
 
         
Jack L. Cockwell, Director and Chairman of the Board
 
51 Yonge Street, Suite 400 Toronto, Ontario M5E 1J1, Canada
 
Chairman of Brookfield Partners Foundation
 
Canada
 
         
Brian W. Kingston, Director
 
250 Vesey Street, 15th Floor, New York, NY 10281-1023 U.S.A.
 
Managing Partner, Chief Executive Real Estate of Brookfield
 
Canada
 
         
Brian D. Lawson, Director and President
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Vice Chair of Brookfield
 
Canada
 
         
Cyrus Madon, Director
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Managing Partner, Chief Executive Officer Private Equity of Brookfield
 
Canada
 
         
Timothy R. Price, Director
 
51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada
 
Corporate Director
 
Canada
 
         
Samuel J.B. Pollock, Director
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Managing Partner, Chief Executive Officer Infrastructure of Brookfield
 
Canada
 
         
Sachin G. Shah, Director
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Managing Partner, Chief Executive Officer Renewable Power of Brookfield
 
Canada
 
         
Lisa Chu, Treasurer
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Senior Vice President - Finance of Brookfield
 
Canada
 
         
Lorretta Corso, Secretary
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Administrator, Corporate Secretary of Brookfield
 
Canada
 
         
Tim Wang, Assistant Secretary
 
181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada
 
Manager, Capital Markets and Treasury of Brookfield
 
Canada
 
 
 



TORM (NASDAQ:TRMD)
Historical Stock Chart
From Jun 2021 to Jul 2021 Click Here for more TORM Charts.
TORM (NASDAQ:TRMD)
Historical Stock Chart
From Jul 2020 to Jul 2021 Click Here for more TORM Charts.