The board of directors in Borr Drilling Ltd. has today approved a share repurchase program for the Company's shares, to be purchased in the open market and limited to a total amount of USD 100,000,000. The timing and amount of any shares repurchased will be determined by the company based on its evaluation of market conditions and other factors and as permitted by securities laws and other legal requirements. The [...]
Borr Drilling Ltd. and advises that the Company will hold a Special General Meeting on December 22, 2023 to approve a reduction of the Company's Share Premium account and to credit the same amount resulting from this reduction to the Company's Contributed Surplus account, which will enable dividend payments to shareholders. The Board of Directors has fixed the close of business on November 27, 2023 as the record date for [...]
Borr Drilling Ltd. and advises that the Company will hold a Special General Meeting on Friday, December 22nd, 2023 to approve a reduction of the Company's Share Premium account and to credit the same amount resulting from this reduction to the Company's Contributed Surplus account, which will enable dividend payments to shareholders. The Board of Directors has fixed the close of business on Monday, 27th November, 2023 as [...]
Please find enclosed the presentation of Borr Drilling Ltd.'s third quarter 2023 results to be held on the webcast/conference call at 15:00 CET on November 16, 2023. In order to listen to the presentation, you may do one of the following: a) Webcast To access the webcast, please go to the following link: https://edge.media-server.com/mmc/p/3j6z5pav b) Conference Call Please use this link to register for the conference [...]
Borr Drilling Ltd. announces unaudited results for the three and nine months ended September 30, 2023. Highlights Third Quarter of 2023 Total operating revenues of $191.5 million, an increase of $4.0 million or 2% compared to the second quarter of 2023. Net income of $0.3 million, a decrease of $0.5 million compared to the second quarter of 2023. Adjusted EBITDA of $88.2 million, an increase of $4.2 million or 5% compared [...]
Borr Drilling Ltd. and plans to release its financial results for the third quarter 2023 on Thursday, November 16, 2023. A conference call and webcast is scheduled for 15:00 CET and participants are encouraged to dial in 10 minutes before the start of the call. The earnings report and presentation will be available from the Investor Relations section on www.borrdrilling.com. In order to listen to the presentation, you may [...]
HAMILTON, Bermuda, Oct. 27, 2023 /PRNewswire/ -- Borr Drilling Ltd. and refers to the private placement of 7,522,838 new shares at a subscription price of NOK 74/USD 6.65 announced on 24 October 2023 . Drew Holdings Ltd. , a close associate of Mr. Tor Olav Trøim, has subscribed to and received 752,284 of the New Shares at the Subscription Price. Mr. Trøim is the chair of Borr's board and thus, as per the Market Abuse [...]
Borr Drilling Ltd. and refers to the stock exchange releases on 23rd and 24th October 2023 related to the private placement with gross proceeds of USD 50 million . To arrange for a DVP settlement to the investors who were allocated any of the 7,522,838 offer shares in the Private Placement, estimated on 26 October 2023, of immediately tradeable shares, the Company has today, arranged the shares to be legally and validly [...]
Borr Drilling Ltd. announced today that its wholly-owned subsidiary Borr IHC Limited has priced its previously announced offering of $1,540,000,000 in aggregate principal amount of senior secured notes, consisting of $1,025,000,000 aggregate principal amount of senior secured notes due 2028 at a price equal to 97.750%, bearing a coupon of 10.000% per annum and $515,000,000 aggregate principal amount of senior secured [...]
Borr Drilling Ltd. refers to the stock exchange announcement published earlier today in relation to the process of refinancing our secured debt , and the contemplated issue of an aggregate principal amount of USD 1.5 billion of new senior secured notes . As a part of the Refinancing, and to facilitate attractive terms therein, the Company is contemplating a private placement of approximately USD 50 million in new shares [...]
Borr Drilling Ltd. and announced today that its wholly owned subsidiary Borr IHC Limited, and certain other subsidiaries intend to offer, subject to market conditions, $1,500,000,000 in aggregate principal amount of senior secured notes due 2028 and 2030. The notes will be guaranteed by the Company and certain of its subsidiaries and will be secured on a senior basis on substantially all of the assets of the Company and [...]
Borr Drilling Ltd. and today announced that Mr. Jeffery Currie and Mr. Patrick Schorn have been appointed as Directors of the Company by the Board with effect from 16 October 2023. Jeffrey Currie recently retired from Goldman Sachs after a decorated 27-year career. For the last 15 years, he was a Partner and the Global Head of Commodities Research where he was responsible for conducting research on commodity market [...]
+900,00 %
-32,58 %