Borr Drilling Limited - Summons for a written resolution - Senior Unsecured Convertible Bond Loan 2023/2028
Borr Drilling Limited - Summons for a written resolution - Senior Unsecured Convertible Bond Loan 2023/2028
PR Newswire
HAMILTON, Bermuda, Oct. 2, 2024
HAMILTON, Bermuda, Oct. 2, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") has today requested Nordic Trustee AS to summon for a bondholders' written resolution (the "Summons") for the Company's senior unsecured convertible bonds with ISIN NO0012828187 (the "Bonds").
The purpose of the written resolution is to approve a proposal to amend the bond terms in connection with the potential de-listing of the Company's shares from the Oslo Stock Exchange, as approved by a Special General Meeting of the shareholders of the Company on October 1, 2024. The company has received support from more than 2/3 of the Bondholders having stated that they will vote in favor of the proposal.
Hamilton, Bermuda
October 2, 2024
CONTACT:
Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208
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SOURCE Borr Drilling Limited
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