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Borr Drilling Limited - Announces Pricing of Offering of Additional 10.375% Senior Secured Notes due 2030 For Gross Proceeds of $175 million
BORRBorr Drilling(BORR) Prnewswire·2024-10-25 21:16

HAMILTON, Bermuda, Oct. 25, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) announced today that its wholly-owned subsidiary Borr IHC Limited has priced an offering of additional 10.375% senior secured notes due 2030 (the "Additional Notes") for gross proceeds of approximately 175million.TheAdditionalNoteswillhavethesametermsandconditionsastheexisting175 million.The Additional Notes will have the same terms and conditions as the existing 515 million aggregate principal amount of senior secured notes due 2030.The proceeds from the offering are ...