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RSS FeedsBorr Drilling Limited - Update on equity offering and bookbuilding
(WorldNews Norway)

 
 

29 september 2020 19:02:01

 
Borr Drilling Limited - Update on equity offering and bookbuilding
(WorldNews Norway)
 


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO BUY, SELL OR SUBSCRIBE FOR ANY SECURITIES DESCRIBED HEREIN. Hamilton, Bermuda, 29 September 2020 Borr Drilling Limited (`Borr Drilling` or the `Company`) (NYSE: `BORR`, OSE: `BDRILL`) is pleased to announce that its bank syndicate and Hayfin have agreed to provide the Company with extra liquidity of approximately USD 12 million through a combination of PIK interest and deferral of funding of restricted...


 
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