Borr Drilling (BORR) has released an update.
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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.
