Borr Drilling secures last part of rescue plan

Embattled rig company Borr Drilling has landed a deal about a remaining financial loan, ensuring the final agreement about prolongation of loans.

Photo: Handout/Reuters/Ritzau Scanpix

Drilling company Borr Drilling has landed a final decisive loan and has thereby secured an overall deal concerning prolongation of debt until 2025.

The deal entails a financing proposal of USD 100m, according to a stock exchange announcement.

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