Borr Drilling Announces Full Exercise of Underwriters' Over-Allotment Option in U.S. Initial Public Offering
Borr Drilling Limited Common Shares (BORR)
Company Research
Source: PR Newswire
HAMILTON, Bermuda, Aug. 2, 2019 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BDRILL) (the "Company" or "Borr Drilling") today announced that the underwriters of the Company's previously announced U.S. initial public offering (the "Offering") have exercised their over-allotment option in full to purchase an additional 750,000 common shares at the IPO public offering price of $9.30 per share, less underwriting discounts and commissions. As a result, the total number of shares sold in the Offering was 5,750,000, with settlement of the Offering, including the over-allotment shares, expected to occur today. Goldman Sachs & Co. LLC and DNB Markets, Inc. are acting as joint book-running managers for the Offering. BTIG, LLC, Citigroup Global Markets Inc., Danske Markets Inc., Evercore Group L.L.C. and Fearnley Securities, Inc. are also acting as book-running managers for the Offering. Copies of the final prospectus relating to the Offering may be obtained from Goldman Sachs & Co.
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BORR
Sec Filings
- 12/12/24 - Form 6-K
- 12/9/24 - Form 6-K
- 12/2/24 - Form S-8
- BORR's page on the SEC website