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0 0 -0.0311688311688312 -0.0051948051948052 0.0363636363636363 0.0367532467532467 0.051948051948052 0.0467532467532467
Stock impact report

Borr Drilling Limited Announces Public Offering of Common Shares

Borr Drilling Limited Common Shares (BORR) 
Company Research Source: PR Newswire
HAMILTON, Bermuda, Dec. 8, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (the "Company") announces today its plans to raise approximately $85 million in gross proceeds though an offering of 21 million shares (the "Equity Offering").The Company plans to use the proceeds from the Equity Offering, together with proceeds from a debt offering, seller financing and, if necessary, available cash, for the potential acquisition of five premium jack-up rigs and for general corporate purposes, which may include debt service, capital expenditures, funding of working capital and potential mergers and acquisitions.DNB Carnegie, Inc. and Clarksons Securities AS are joint global coordinators and bookrunners, Citigroup Global Markets, Inc., Fearnley Securities AS and Pareto Securities AS are joint bookrunners, and  BTIG, LLC is co-manager for the Equity Offering.The Equity Offering will be made pursuant to an effective shelf registration statement which has been filed by the Company with the Show less Read more
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