Current BORR Stock Info

By Tyler Losier, Energy Reporter, Oil & Gas 360

Borr Drilling Limited launches IPO of five million common shares
Borr Drilling (stock ticker: BORR), an international drilling contractor headquartered in Bermuda, has launched an initial public offering (IPO) in the United States for 5 million of its common shares. The newly public security will trade under the ticker symbol “BORR.”

Borr will also grant underwriters of the offering a 30-day option to purchase up to an additional 750,000 common shares at the IPO price, less underwriting discounts and commissions.

The company expects that its IPO price of will be similar to that of its shares on the Oslo Børs exchange, currently trading at approximately US $10.00 (NOK 87.00), ...


Legal Notice