Borr Drilling Delists from Oslo, Raises $175 Million

Borr Drilling (BORR) has released an update.

Borr Drilling Limited has announced the delisting of its shares from the Oslo Stock Exchange, effective December 30, 2024. Additionally, the company has successfully priced an offering of additional Senior Secured Notes due 2030, raising approximately $175 million. This marks a significant financial maneuver as Borr Drilling continues to expand its offshore drilling operations.

For further insights into BORR stock, check out TipRanks’ Stock Analysis page.