Borr Drilling (BORR) has released an update.
Borr Drilling Limited is seeking approval from bondholders to amend terms of its senior unsecured convertible bonds, in anticipation of a potential delisting from the Oslo Stock Exchange, following shareholder approval. The company has already garnered significant support for the proposal, with over two-thirds of bondholders indicating their affirmative vote.
For further insights into BORR stock, check out TipRanks’ Stock Analysis page.
