Borr Drilling

BORR

Market cap $1.65B

HAMILTON, Bermuda, May 28, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) ("Borr Drilling" or the "Company") today announced that its wholly owned subsidiary, Borr IHC Limited (the "Issuer"), has increased the principal amount of the Issuer's outstanding 10.375% Senior Secured Notes due 2030 (the "2030 Notes") that it can repurchase under its previously announced cash tender offer (the "Tender Offer") from $447.3 million of original principal amount to any and all of the 2030 Notes, on the terms and subject to the conditions set forth in the Issuer's Offer to Purchase and Consent Solicitation Statement dated May 26, 2026 (the "Statement"). As of the date hereof, $877.1 million in original aggregate principal amount of 2030 Notes (amounting to $770.7 million in aggregate principal amount after adjusting for amortization payments) is outstanding.

HAMILTON, Bermuda, May 28, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) ("Borr Drilling" the "Company") announced today that its wholly owned subsidiary, Borr IHC Limited, and its direct subsidiary, Borr Finance LLC, have priced an offering of $2.035 billion in aggregate principal amount of senior secured notes consisting of (i) $1,100.0 million aggregate principal amount of 8.750% senior secured notes due 2032 and (ii) $935.0 million aggregate principal amount of 9.000% senior secured notes due 2034 (the "Notes"), which represents an upsize of $435.0 million over the previously contemplated offering amount. The Notes will be guaranteed by the Company and certain of its subsidiaries and will be secured on a senior basis by most of the rigs and certain other assets of the Company and the subsidiary guarantors.

HAMILTON, Bermuda, May 26, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) ("Borr Drilling" or the "Company") today published a new investor presentation on its website at www.borrdrilling.com. About Borr Drilling Borr Drilling Limited is an international drilling contractor incorporated in Bermuda in 2016 and listed on the New York Stock Exchange since July 31, 2019 and on Euronext Oslo Bors since May 21, 2026 under the ticker "BORR.

HAMILTON, Bermuda, May 26, 2026 /PRNewswire/ -- (NYSE and Euronext Oslo Bors: BORR) ("Borr Drilling" or the "Company") today announced that it has commenced tender offers to purchase for cash, using cash provided in the Financing Transaction (as defined below), together with cash on hand, the debt securities listed in the table below issued by the Company's wholly owned subsidiary Borr IHC Limited (the "Issuer") and certain of its other subsidiaries (collectively, the "Notes"). Capitalized terms used in this announcement but not otherwise defined shall have the meanings given to them in the Statement.

HAMILTON, Bermuda, May 26, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) ("Borr Drilling" or the "Company") announced today that its wholly owned subsidiary, Borr IHC Limited, and its direct subsidiary Borr Finance LLC intend to offer, subject to market conditions, $1,600,000,000 in aggregate principal amount of senior secured notes due 2032 and 2034 (the "Notes"). The Notes will be guaranteed by the Company and certain of its subsidiaries and will be secured on a senior basis by most of the rigs and certain other assets of the Company and the subsidiary guarantors.

Borr Drilling Limited (BORR) Q1 2026 Earnings Call Transcript

Borr Drilling NYSE: BORR reported lower first-quarter revenue and a net loss as delayed rig start-up activity, contract transitions and a credit loss provision weighed on results, while management said contracting momentum has improved the company's coverage for the remainder of 2026.

HAMILTON, Bermuda, May 21, 2026 /PRNewswire/ -- Please find enclosed the presentation of Borr Drilling Limited's first quarter 2026 results to be held on the webcast/conference call at 09:00 New York time (15:00 CEST) on Thursday, May 21, 2026. In order to listen to the presentation, participants may do one of the following: a) Webcast To access the webcast, please go to the following link: https://edge.media-server.com/mmc/p/inc8qdus b) Conference Call Please use this link to register for the conference call: https://register-conf.media-server.com/register/BIce9fcdcdcdf44d4d947622b4da3afbd6 Participants will then receive dial-in details on screen and via email and may choose to dial in with their unique pin or select "Call me" and provide telephone details for the system to link them automatically.

HAMILTON, Bermuda, May 20, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three months ended March 31, 2026. Highlights First Quarter total operating revenues of $247.0 million, a decrease of $12.4 million or 5% compared to the fourth quarter of 2025 First Quarter net loss of $29.0 million compared to net loss of $1.0 million in the fourth quarter of 2025 First Quarter Adjusted EBITDA of $88.5 million, a decrease of $16.7 million or 16% compared to the fourth quarter of 2025 Completed the acquisition of five premium jack-up rigs from Noble Corporation in January 2026 for a total purchase price of $360 million Entered into agreements to acquire five premium jack-up rigs via new 50/50 joint venture for a total purchase price of $287 million Subsequent to quarter-end, completed an offering of $300 million aggregate principal amount of senior unsecured convertible notes due 2033, with proceeds primarily used to repurchase existing convertible bonds due 2028 Year-to-date 2026, the Company has been awarded 13 contract commitments, representing more than 2,250 days and $274 million of Dayrate Equivalent Backlog.

HAMILTON, Bermuda, May 20, 2026 /PRNewswire/ -- Reference is made to the announcement by Euronext Oslo Børs on May 7, 2026 regarding the approval to transfer the listing of the shares in Borr Drilling Limited (NYSE: BORR) (OSE: BORR) ("Borr Drilling" or "the Company") from trading on Euronext Growth Oslo to Euronext Oslo Børs (the main list). As of tomorrow, May 21, 2026, the Company's shares will be listed on Euronext Oslo Børs and will continue to trade under the ticker "BORR" and ISIN BMG1466R1732.