Borr Drilling Limited – Update Refinancing
Hamilton, Bermuda 21 July 2022: Borr Drilling Limited (the “Company”) (NYSE and OSE: BORR) refers to its announcements of 14 July 2022 regarding the status of negotiations with its secured creditors and a possible equity offering. The Company’s board is pleased to announce that it has obtained a financing proposal for the remaining $100 million of the $250 million senior secured facilities that was still subject to final syndication as described in the announcement of 14 July 2022. As such, agreements in principle with all the secured creditors have now been reached to extend all secured