Borr Drilling files for NYSE listing

Borr Drilling files for NYSE listing

Tor Olav Troim’s Borr Drilling has filed an application with the US Securities and Exchange Commission (SEC) to commence an initial public offering.

The company has been listed on the Oslo Bors since 2017 and it is looking to raise $50m through the IPO on the New York Stock Exchange.

Goldman Sachs and DNB Markets are the joint bookrunners of the IPO.

Borr Drilling currently owns a fleet of 25 jackup rigs and one semi-submersible rig.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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