Brief: Borr Drilling Announces Launch Of Senior Secured Notes Offering
23/10/2023 17:54
Oct 23 (Reuters) - Borr Drilling Ltd BORR.N :
* BORR DRILLING LIMITED ANNOUNCES LAUNCH OF SENIOR SECURED
NOTES
OFFERING
* BORR DRILLING- SUBSIDIARY BORR IHC, AND CERTAIN OTHER
UNITS
INTEND TO OFFER $1.5 BILLION WORTH OF SENIOR SECURED NOTES DUE
2028 & 2030
* COMPANY IS CONTEMPLATING PRIVATE PLACEMENT IN NORWAY OF
APPROXIMATELY $50 MILLION IN SHARES
* COMPANY IS CONTEMPLATING ENTERING INTO A $180 MILLION
SUPER
SENIOR REVOLVING CREDIT FACILITY
Source text for Eikon: ID:nWkr2gC9NP
Further company coverage: BORR.N
Recent news on Borr Drilling
See all newsBrief: Borr Drilling Limited Announces Completion Of Delisting Of Shares On Oslo Stock Exchange
Brief: Borr Drilling Limited Announces Contracting Update
Brief: Borr Drilling Announces Temporary Suspension Notice
Brief: Borr Drilling Ltd Says Quarterly Adjusted EBITDA Of $115.5 Million, A Decrease Of $20.9 Million Compared To Q2 Of 2024
Brief: Borr Drilling Limited Announces Voluntary Delisting From Oslo Stock Exchange