Borr Drilling Limited Announces Pricing of Public Offering of Common Shares
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Hamilton, Bermuda, August 10, 2022. Borr Drilling Limited (the “Company”) (NYSE and OSE: BORR) announces today that it has priced its previously announced offering of 69,444,444 shares, at a price of $3.60 per common share for total gross proceeds of $250 million. The Company has also granted the underwriters a 30-day