Borr Drilling Limited - Contemplated up to USD 250 million senior unsecured convertible bond issue and USD 150 million senior secured high yield bond issue
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, 24 January 2023 Borr Drilling Limited (the “Company”) announces today an offering of up to USD 250 million senior unsecured convertible bonds (the “Convertible Bonds”) with a five-year tenor. The Joint Bookrunners have received significant interest from investors for the Convertible Bonds. Concurrently, the company announces that it will hold a