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Banks ease requirements for Borr Drilling

Rig company Borr Drilling has reached a deal with its banks to lower certain financial requirements. The company is also in talks with a shipyard about postponing delivery of new rigs.

Photo: PR/Transocean

A number of banks have agreed to ease their requirements for Norwegian rig company Borr Drilling.

In a stock exchange notice, the company informs that it has signed a deal with its banks on certain amendments to its financial obligations.

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