Borr drilling - first settlement in the us offering of common shares

Hamilton, bermuda , aug. 17, 2022 /prnewswire/ -- borr drilling limited (the "company") (nyse and ose: borr) announced today the first settlement of its previously announced us public offering of 69,444,444 us common shares of the company, at a price per share of $3.60 per common share for total gross proceeds of $250 million. the company has also granted the underwriters a 30-day option to purchase up to an additional 6,944,444 common shares at the offering price minus underwriting discounts.
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