HAMILTON, Bermuda, Jan. 30, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) (the "Company") plans to release its financial results for the fourth quarter of 2025 after the close of the New York Stock Exchange on Wednesday, February 18, 2026. A conference call and webcast are scheduled for 09:00 New York time (15:00 CET) on Thursday, February 19, 2026. The earnings report, webcast and accompanying presentation will be available on the Investor Relations section of the Compan ...

Core Viewpoint - Borr Drilling Limited has successfully completed the acquisition of five premium jack-up rigs from Noble Corporation for a total of $360 million, enhancing its fleet and market position [1][2]. Group 1: Acquisition Details - The acquisition increases Borr Drilling's fleet to 29 rigs, reinforcing its capability to serve customers in key offshore basins and solidifying its status as a leading pure-play owner of premium jack-up rigs [2]. - The total purchase price for the five rigs is $360 million, indicating a significant investment in expanding operational capacity [1]. Group 2: Strategic Implications - The CEO of Borr Drilling, Bruno Morand, expressed that the acquisition aligns with the current market cycle and enhances the company's operational excellence and customer relationships, which are seen as competitive advantages [3]. - The newly acquired rigs are compatible with the existing fleet and are expected to provide capacity for near-term opportunities, contributing to long-term shareholder value [3]. Group 3: Rig Renaming - The five acquired rigs will be renamed as follows: Noble Regina Allen to Sif, Noble Tom Prosser to Freyja, Noble Mick O'Brien to Forseti, Noble Resolute to Bestla, and Noble Resilient to Joro [4]. Group 4: Company Overview - Borr Drilling Limited is an international drilling contractor incorporated in Bermuda in 2016, listed on the New York Stock Exchange since July 31, 2019, and on Euronext Growth Oslo since December 19, 2025, under the ticker "BORR" [5]. - The company specializes in operating modern and high specification jack-up rigs, focusing on the shallow-water segment of the offshore oil and gas industry globally [5].

HOUSTON, Jan. 28, 2026 /PRNewswire/ -- Noble Corporation plc (NYSE: NE, "Noble", or the "Company") today announced that it has completed the sale of five jackup rigs to Borr Drilling Limited (NYSE: BORR, "Borr") for $360 million. The Company generated approximately $210 million in cash plus $150 million in seller notes from the sale of the Noble Tom Prosser, Noble Mick O'Brien, Noble Regina Allen, Noble Resilient and Noble Resolute. Noble intends to operate two rigs – Noble Mick O'Brien and Noble Resolute – ...

Group 1 - Borr Drilling Limited (NYSE:BORR) completed a public offering of 21 million common shares priced at $4 each, raising a total of $84 million for rig purchases and corporate needs [1][2] - The company received a credit rating downgrade from S&P Global Ratings to 'B' with a stable outlook, which also included a downgrade of its senior secured notes to 'B+' due to the acquisition of five premium jack-up rigs for $360 million [2][3] - The $84 million from the public offering was used to fund the rig acquisition, supplemented by a $165 million issuance of senior secured notes at 10.375% interest due in 2030, with net debt reaching approximately $2 billion post-acquisition [3] Group 2 - Borr Drilling Limited operates a modern fleet of jack-up rigs for shallow-water exploration and production across offshore regions including the Americas, Europe, Africa, and Asia [4]

Group 1 - Borr Drilling Limited (NYSE:BORR) experienced a share price decline of 13.69% from December 10 to December 17, 2025, making it one of the worst-performing energy stocks during that week [1] - The company announced an equity offering of 21 million shares on December 8, aiming to raise $84 million in gross proceeds, with the offering priced at $4 per share [3] - Proceeds from the equity offering will be used to acquire five jackup rigs from Noble Corporation plc for $360 million and for general corporate purposes [3] Group 2 - The acquisition will be financed through $150 million in additional senior secured notes due 2030 and $150 million seller's credit due 2032, alongside the equity offering [4] - This acquisition is expected to close in Q1 2026 and will increase Borr's fleet size to 29 rigs [4] - CEO Bruno Morand stated that the acquisition represents a strategic and financial opportunity, with expectations for immediate accretion to Adjusted EBITDA and a reduction in debt per rig [4]

Core Insights - Borr Drilling Limited (BORR) has released its Q2 and Q3 2025 reports, prompting a reevaluation of the company's performance and potential [1]. Company Overview - Borr Drilling Limited is an oil drilling company that has been under analysis for its financial performance and growth prospects [1]. Investment Strategy - The investment strategy focuses on high-quality and growth companies, balancing between dividend-paying stocks and those with high growth potential but lower dividends [1].

Group 1 - The article focuses on Borr Drilling Limited (BORR) and its recent performance, particularly the release of Q2 and Q3 2025 reports [1] - The author emphasizes a balanced investment strategy that includes high-quality growth companies and dividend-paying stocks [1] - The author has eight years of experience in stock investing, indicating a preference for companies with potential for growth, even if they do not currently pay dividends [1] Group 2 - The article does not provide specific financial metrics or performance data for Borr Drilling Limited [1]

Core Viewpoint - Borr Drilling Limited has successfully completed a public offering of 21 million common shares at a price of $4.00 per share, generating total gross proceeds of $84 million [1] Group 1: Equity Offering Details - The proceeds from the equity offering will be utilized for the acquisition of five premium jack-up rigs, as well as for general corporate purposes, which may include debt service, capital expenditures, and funding of working capital [2] - The equity offering was conducted under an effective shelf registration statement filed with the SEC on April 11, 2025, and was made solely through a prospectus and related prospectus supplement [4] Group 2: Underwriters and Management - DNB Carnegie, Inc. and Clarksons Securities AS acted as joint global coordinators and bookrunners for the equity offering, with Citigroup Global Markets, Inc., Fearnley Securities AS, and Pareto Securities AS serving as joint bookrunners [3]

Core Viewpoint - Borr Drilling Limited has announced the pricing of an offering of additional 10.375% senior secured notes due 2030, aiming for gross proceeds of approximately $165 million [1][2] Group 1: Offering Details - The additional notes will have the same terms and conditions as the existing senior secured notes due 2030 [1] - Settlement of the additional notes is expected on or about December 19, 2025, subject to customary closing conditions [2] Group 2: Use of Proceeds - Proceeds from the additional notes offering will be used for the acquisition of five premium jack-up rigs and for general corporate purposes, which may include debt service, capital expenditures, and funding of working capital [2]

Core Viewpoint - Borr Drilling Limited has successfully priced its offering of 21 million common shares at $4.00 per share, aiming for total gross proceeds of $84 million to fund acquisitions and corporate purposes [1][2]. Group 1: Equity Offering Details - The proceeds from the Equity Offering will be utilized for the potential acquisition of five premium jack-up rigs and for general corporate purposes, including debt service and capital expenditures [2]. - The delivery of the common shares is expected to occur on or around December 10, 2025 [2]. - The offering was conducted under an effective shelf registration statement filed with the SEC on April 11, 2025 [3]. Group 2: Listing and Trading Information - The company is in the process of listing its shares on Euronext Growth Oslo, with trading expected to begin on December 19, 2025 [4]. - After the re-listing, the company will be dual listed on the Oslo Stock Exchange and the NYSE, with the NYSE remaining the primary listing [5]. Group 3: Offering Management - DNB Carnegie, Inc. and Clarksons Securities AS are serving as joint global coordinators and bookrunners for the Equity Offering, with additional support from Citigroup Global Markets, Inc., Fearnley Securities AS, and Pareto Securities AS [2].