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BORR DRILLING (BORR) Stock News

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Welcome to our dedicated page for BORR DRILLING news (Ticker: BORR), a resource for investors and traders seeking the latest updates and insights on BORR DRILLING stock.

Borr Drilling Limited reports developments tied to its international shallow-water drilling business and fleet of modern, high-specification jack-up rigs. Company news commonly covers rig contract awards and extensions, fleet operating status, regional deployment updates, dayrate and coverage commentary, and earnings-release schedules for its offshore oil and gas customers.

Updates also include shareholder meeting notices, annual report availability, and capital-structure actions such as convertible debt offerings or repurchases. Borr Drilling is incorporated in Bermuda and its common shares trade under BORR on the New York Stock Exchange and Euronext Growth Oslo.

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Borr Drilling (NYSE: BORR) will release its Q2 2026 financial results, covering April 1 to June 30, after the NYSE close on Tuesday, August 11, 2026. A webcast and conference call will follow at 09:00 New York time (15:00 CEST) on Wednesday, August 12, 2026, with materials available in the Investor Relations section of the company’s website.

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Borr Drilling (NYSE:BORR) completed its consent solicitation, tender offer and full redemption of its 10.000% senior secured notes due 2028 and 10.375% notes due 2030.

The company received consents on 94.11% of aggregate notes and used proceeds from new 2032 and 2034 senior secured notes to redeem all remaining outstanding notes on June 29, 2026.

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Borr Drilling (NYSE: BORR) announced pricing terms for its cash tender offer and related consent solicitation for its senior secured notes.

For the 10.000% Notes due 2028, total consideration is $1,048.36 per $1,000 original principal, multiplied by a Factor of 0.81707317, including a $2.50 consent payment and early tender payment, excluding accrued interest.

Holders may tender 2028 and 10.375% 2030 Notes and deliver consents until 5:00 p.m. New York City time, June 24, 2026, unless extended or terminated. Completion remains subject to financing, supplemental indenture and other conditions, which the issuer may waive, amend or cause to terminate the offer.

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Borr Drilling (NYSE: BORR) reported early tender results for its cash tender offer and consent solicitation for 10.000% 2028 and 10.375% 2030 senior secured notes. Holders representing 95.92% of 2028 notes and 90.56% of 2030 notes (93.84% combined) have tendered.

The issuer priced a $1.1 billion 8.750% 2032 and $935 million 9.000% 2034 senior secured notes offering, expected to close June 10, 2026. Early settlement of tendered notes is also set for June 10, 2026, with the offer expiring June 24, 2026, unless extended.

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Borr Drilling (NYSE: BORR) announced that subsidiary Borr IHC increased its cash tender offer for 10.375% Senior Secured Notes due 2030 from a cap of $447.3 million original principal to any and all outstanding notes.

Outstanding 2030 Notes total $877.1 million original principal ($770.7 million after amortization). Completion depends on a new notes offering of at least $2,035 million.

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Borr Drilling (NYSE: BORR) priced an upsized $2.035 billion senior secured notes offering via subsidiaries, comprising $1.1 billion of 8.750% notes due 2032 and $935 million of 9.000% notes due 2034.

Proceeds will refinance existing 10.000% 2028 and 10.375% 2030 notes, fund general corporate purposes, and pay related fees. Settlement is expected around June 10, 2026.

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Borr Drilling (NYSE:BORR) announced the publication of a new investor presentation on its website on May 26, 2026.

The updated materials are available to shareholders and analysts at www.borrdrilling.com in the investor relations section.

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Borr Drilling (NYSE:BORR) launched cash tender offers for its wholly owned subsidiary’s 10.000% notes due 2028 and a partial cash tender for 10.375% notes due 2030, alongside a consent solicitation to amend the indenture.

The company targets any-and-all 2028 notes and up to $447.3 million original principal of 2030 notes, funded by a planned $1.6 billion senior secured notes offering due 2032 and 2034 plus cash on hand.

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Borr Drilling (NYSE:BORR) plans a private offering of $1.6 billion senior secured notes due 2032 and 2034 through subsidiaries. The notes will be guaranteed by Borr Drilling and certain subsidiaries and secured by most rigs and other assets.

Proceeds, plus cash, are expected to refinance 10.000% notes due 2028 and up to $447.3 million of 10.375% notes due 2030, and pay related fees. Pricing is expected around May 28, 2026; the concurrent tender offer settlement depends on successful pricing and settlement of the new notes. The notes will not be registered under the Securities Act of 1933.

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Borr Drilling (NYSE:BORR) announced details for its first quarter 2026 results presentation, held via webcast and conference call on May 21, 2026 at 09:00 New York time (15:00 CEST).

Investors can access the live webcast, register for the call to receive dial-in details, or watch a replay. The Q1 2026 presentation is available as a downloadable PDF.

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FAQ

What is the current stock price of BORR DRILLING (BORR)?

The current stock price of BORR DRILLING (BORR) is $4.23 as of July 27, 2026.

What is the market cap of BORR DRILLING (BORR)?

The market cap of BORR DRILLING (BORR) is approximately 1.3B.