May 22, 2020 / 6:47 AM / 13 days ago

BRIEF-Borr Drilling Equity Offering Substantially Oversubscribed

May 22 - Borr Drilling:

* SAID ON THURSDAY SUCCESSFUL COMPLETION OF THE EQUITY OFFERING THROUGH THE SUBSCRIPTION AND ALLOCATION OF 46,153,846 NEW DEPOSITARY RECEIPTS

* SUBSCRIPTION PRICE OF $0.65 PER SHARE (EQUIVALENT TO NOK 6.45 PER SHARE)

* EQUITY OFFERING WAS SUBSTANTIALLY OVERSUBSCRIBED

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Further company coverage: (Gdansk Newsroom)

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