Borr Drilling Limited announces successful placement of USD 150 million senior secured bonds due 9 February 2026
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH, OR TO PERSONS IN ANY JURISDICTION TO WHOM, SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW. Hamilton, Bermuda, 26 January 2023 Borr Drilling Limited (the "Company") announces today the successful placement of senior secured bonds due 2026 in an amount of USD 150 million (the "Secured Bonds"). The Secured Bonds will have a fixed coupon of 9.50% payable semi-annually and will be secured by, among other assets, first priority mortgages over the jack-up