Borr Drilling : Adjustment conversion price convertible bonds

Published: 2025-03-12 07:43:04 ET BORR

Hamilton, Bermuda, March 12, 2025

Reference is made to Borr Drilling Limited's ("Borr Drilling" or the "Company") (NYSE: "BORR") stock exchange releases related to the distribution to shareholders of $0.02 per share as announced on February 19, 2025 (the "Dividend").

In accordance with the loan agreement for the Company's USD 250,000,000 5% Senior Unsecured Convertible Bonds 2023/2028, ISIN NO0012828187, the Dividend has triggered an adjustment to the conversion price from USD 7.0249 to USD 6.9376 per share.

Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208

Disclaimer

Borr Drilling Ltd. published this content on March 12, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on March 12, 2025 at 11:42:05.595.