Strained rig operator Borr Drilling now moves on to the next stage of its much-awaited rescue plan, which earlier this week found support from the company's creditors.
The rig operator, founded by Tor Olav Trøim, has now raised USD 46 million in fresh capital through a share issue, which was more than the USD 40 million the company aimed for as a condition for the rescue plan.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for EnergyWatch has now started
With your free trial you get:
Full access to all locked articles on EnergyWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.