Page 11 - Patrick Schorn News Today : Breaking News, Live Updates & Top Stories | Vimarsana

FinancialContent fully hosted finance channel

Borr Drilling Limited Share this article Share this article HAMILTON, Bermuda, Jan. 22, 2021 /PRNewswire/ -- Reference is made to Borr Drilling Limited's ("the Company") (NYSE, OSE: "BORR") stock exchange announcements of January 22, 2021, relating to the pricing of the equity offering through the subscription and allocation of a total of 54,117,647 in new depository receipts (the "Offer Shares"), representing the beneficial interests in the same number of the Company's underlying common shares, each at a subscription price of USD 0.85 per Offer Share (equivalent to NOK 7.1655 per Offer Share...

Deferment of jack-ups and financial lifelines are boon for Oslo-listed contractor

Borr Drilling Limited Share this article Share this article OSLO, Norway, Jan. 19, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: "BORR") is pleased to confirm that the liquidity improvement plan announced in December 2020 has received support from its creditors, including: The $400m syndicated bank facilities maturity deferred to January 2023 The $195m Hayfin facility maturity deferred to January 2023 $760m PPL facilities maturity amended to May 2023, with interest payments deferred until March 2023, except $6m payment in 2021 and $12m in 2022 (estimated accumula...

Borr Drilling Limited (NYSE, OSE: BORR) has announced the appointment of Magnus Vaaler as its new chief financial officer. Borr Drilling Limited (NYSE, OSE: BORR) has announced the appointment of Magnus Vaaler as its new chief financial officer. Vaaler, who previously served as the vice president of investor relations and treasury at the company, replaces Christoph Bausch. Vaaler has previously worked as the treasurer and vice president of finance at Frontline Ltd. and as the vice president of finance at Offshore Merchant Partners. “I am pleased to announce Magnus as the new chief financial...