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Creditors approve Borr Drilling refinancing plan

Norway’s Borr Drilling has announced that the company’s liquidity improvement plan has received support from its creditors. Under the plan, the company will defer a series of loan facilities of $2.24bn in total by 1-2 years. The facilities include $272m newbuild delivery facilities for three rigs delivered by Keppel and $620m in newbuilding delivery commitments for …

WP_Post Object ( [ID] => 238528 [post_author] => 75 [post_date] => 2021-01-20 02:32:09 [post_date_gmt] => 2021-01-20 02:32:09 [post_content] =>

Norway’s Borr Drilling has announced that the company’s liquidity improvement plan has received support from its creditors. Under the plan, the company will defer a series of loan facilities of $2.24bn in total by 1-2 years. The facilities include $272m newbuild delivery facilities for three rigs delivered by Keppel and $620m in newbuilding delivery commitments for …

[post_title] => Creditors approve Borr Drilling refinancing plan [post_excerpt] => Norway’s Borr Drilling has announced that the company’s liquidity improvement plan has received support from its creditors. Under the plan, the company will defer a series of loan facilities of $2.24bn in total by 1-2 years. The facili... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => creditors-approve-borr-drilling-refinancing-plan [to_ping] => [pinged] => [post_modified] => 2021-01-20 02:40:09 [post_modified_gmt] => 2021-01-20 02:40:09 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=134589 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )