Tor Olav Trøim’s Borr Drilling has placed two bond loans to refinance an older convertible due to mature in May this year. The Norwegian jackup rig owner has raised $250m in senior unsecured convertible bonds and another $150m in senior secured bonds. The convertible has a fixed half-yearly...
https://splash247.com/borr-drilling-issues-400m-bonds-for-debt-refinancing/