Borr Drilling Announces Settlement of Offering of Common Shares

HAMILTON, Bermuda, Dec. 10, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (the "Company") announced today the settlement of its previously announced public offering of 21 million common shares at a price of $4.00 per share for total gross proceeds of $84 million (the "Equity Offering"). The Company plans to use the proceeds from the Equity Offering, together with proceeds from a priced debt offering announced on December 9, 2025, seller financing and, if necessary, available cash, for the acquisi ...