Brief: Borr Drilling: Creditor Approval For Financing Plan
19/01/2021 14:54
Jan 19 (Reuters) - Borr Drilling Ltd BDRILL.OL :
* BORR DRILLING LIMITED - CREDITOR APPROVAL FOR FINANCING
PLAN
* IS PLEASED TO CONFIRM THAT LIQUIDITY IMPROVEMENT PLAN
ANNOUNCED
IN DECEMBER 2020 HAS RECEIVED SUPPORT FROM ITS CREDITORS
* IN ADDITION, COMPANY HAS A SIGNED TERM-SHEET WITH PPL, AND
AN
AGREEMENT IN PRINCIPLE WITH KEPPEL, SUBJECT TO FINAL BOARD
APPROVAL
Source text for Eikon: ID:nWkr5kZsjF
Further company coverage: BDRILL.OL
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