|Borr Drilling hjemmeside
Borr Drilling er et nytt offshore boreselskap, startet opp av Tor Olav Trøim og kretsen rundt ham fra hans SeaDrill-tid (Lundetræ, Halvorsen, Maier m/flere).
De har foreløpig investert i 12 JU-rigger + 5 JU-byggekontrakter, og gjort 2 store, rettede emisjoner på til sammen US$955 mill.
Angitt/anslått investeringsvolum så langt (dersom siste LOI blir realisert) er ca. US$1.48 mrd, slik at selskapet også ser ut til å ville oppta noe gjeld for å finansiere opp selskapet tilstrekkelig.
Borr Drilling Limited is registered on the NOTC-list
Borr Drilling Limited is registered on the NOTC-list as of 19 December 2016 with ticker code BORR (BORR.OTC). The company has issued 77,500,000 shares each with a par value US$ 0.01, all of which is registered in the VPS with ISIN code BMG575071086. Based on the issue price of USD 2.00 per share (equivalent to NOK 16.89 per share), the market capitalization is USD 155 million equivalent to approx. NOK 1,308,975,000. The company has entered into an agreement whereby it will be able to use the reporting systems as of 19 December 2016.
BORR.OTC: BORR DRILLING LIMITED ANNOUNCE LISTING ON THE NORWEGIAN OTC-LIST
Hamilton, Bermuda - Borr Drilling Limited ("Borr Drilling or the Company"), formerly Magni Drilling Limited, is pleased to announce the successful completion of its USD155 million equity issue at USD2/share. The private placement was completed with support from renowned institutional investors and private capital with significant experience and successful track record from investing in the drilling industry. The proceeds from the placement will be used to finance the acquisition of two modern jack-ups rigs from Hercules Offshore, the Hercules Resilience and Hercules Triumph. The total consideration for the two rigs is USD130 million.
Borr Drilling's ambition is to acquire and operate modern drilling assets purchased at a significant discount to the new build cost price. The industry continues to experience significant overcapacity and historical low activity level. We are building a platform with modern equipment, an experienced management team and a robust capital structure in order to be able to capitalise on the opportunities that will arise in this market environment.
Effective today, Mr Rune Magnus Lundetræ will join the Company as Chief Executive Officer and Mr Svend Anton Maier will join the Company as Chief Operating Officer.
"Through the acquisition of the two Super A class jack-ups, we have executed a very attractive entry into the drilling industry at close to historical low valuations. We believe Borr Drilling can serve as an effective operational platform to further drive and execute distressed asset investments to capitalise on the low assets prices and continued volatility in the offshore industry" Mr Lundetræ comments.
Borr Drilling will start trading on the Norwegian OTC list Monday December 19.
BORR.OTC: BORR DRILLING INTENDS TO ACQUIRE 15 HIGH-SPECIFICATION JACK-UP RIGS FROM TRANSOCEAN
Hamilton, Bermuda - Borr Drilling Limited is pleased to announce the signing of a letter of intent with Transocean for the acquisition of 15 high-specification jack-up rigs. The transaction consists of Transocean's entire jack-up fleet, comprising 10 rigs in Transocean's fleet and 5 new-builds under construction at Keppel FELS Limited.
Total consideration for the transaction is expected to be approximately USD 1.35 bn and includes remaining contract backlog and remaining yard instalments to Keppel FELS for
Endret 20.03.2017 20:33 av OldNick
|the five new-builds. The board of directors of Keppel FELS has pre-approved the novation of the new-building contracts.
A deposit has in line with what has been agreed between the parties been paid from Borr to Transocean. Borr has secured financing for the transaction through a private placement of equity securities. The transaction is subject to the parties executing definitive agreements and satisfying formal closing conditions, including a final approval from the boards of directors of both companies. The completion of the transaction is expected to take place before the end of May 2017.
For å finansiere kjøpet av 10 rigger + 5 byggekontrakter av Jack-up rigger fra Transocean, vil de gjøre en rettet emisjon på hele US$800 mill., bestående ca. 228.6 mill aksjer til US$3.50/aksje (= ca. NOK29.70). Meldingen stadfester at de har dekket "boken" allerede.
Virkelig ambisiøst, og imponerende dette. Vi ser BORR.OTC-aksjen handles opp til NOK34 i dag.
BORR.OTC: BORR DRILLING ANNOUNCES USD 800 MILLION EQUITY OFFERING
Hamilton, Bermuda - Borr Drilling Limited is pleased to announce that it is raising USD 800 million in new equity consisting of 228,600,000 new shares (the "New Shares") at a price of USD 3.5 per share (the "Equity Offering").
The Equity Offering has initially taken place through an accelerated bookbuilding process from a limited number of investors following the execution of wall crossing agreements.
The book is now covered, but a special tranche of the USD800m has been reserved in order to allow for new and existing shareholders to participate. The book will on this basis remain open until 12 am (EDT) on Monday 20 March 2017.
Notification of allotment of the New Shares will be sent to the applicants on or about Tuesday 21 March 2017.
The proceeds of the Equity Offering will be used to secure the funding of the acquisition of Transocean's jack-up fleet, in accordance with the LOI announced this morning.
Clarksons Platou Securities AS, DNB Markets and Fearnley Securities AS have been retained as joint lead managers and bookrunners for the Equity Offering.
Flere nyheter fra selskapet: Borr Drilling News
|BORR.OTC: BORR DRILLING LIMITED COMPLETED PRIVATE PLACEMENT
BORR.OTC: BORR DRILLING - NEW SHARE CAPITAL
Hamilton, Bermuda - Reference is made to the press release published 21 March 2017 regarding the completion of the equity offering. All shares will be delivered to the subscribers today, and as a consequence be tradable from and including today.
The company will as a result of this and exercise of 9,687,500 warrants have 315,792,500 issued shares, each with a par value of USD 0.01, constituting a share capital of USD 3,157,925.
Stordalen hamstrer i Trøims riggsatsing
Petter Stordalen gjør som verdens største oljeserviceselskap - investerer i Tor Olav Trøims nye riggsatsing Borr Drilling
Siri K. Vosgraff, Hegnar.no
Hotellinvestor Petter Stordalen og hans selskap Home Capital eier nå aksjer i Tor Olav Trøims riggselskap Borr Drilling for 45 millioner kroner, skriver Dagens Næringsliv.
Mandag kveld ble det også kjent at at verdens største oljeserviceselskap, Schlumberger, har kjøpt seg kraftig opp i selskapet. Ifølge Finansavisen punger oljegiganten ut 220 millioner dollar i emisjonen som skal finansiere det nylige kjøpet av Transoceans flåte av oppjekkbare rigger.
Kjøpet gjør ifølge DN Schlumberger, gjennom et tidlige-fase-investeringsfond for prosjektfinansiering, til Borr Drillings nest største aksjonær med i overkant 63 millioner aksjer, tilsvarende 20,25 prosent.
Største aksjonær er ifølge avisen en nominee-konto tilhørende Clearstream Banking, med nær 42 prosent. Fra før er det kjent at Tor Olav Trøim har sittet på omkring 45 prosent av selskapet. Fredrik Halvorsens Ubon Partners er inne på en femteplass med 2,38 prosent, mens Kristiansandsbaserte Rasmussen-gruppen er på åttende plass med nær 1,5 prosent.
Øvrige aksjonærer inkluderer også Celina Midelfart, Bergesen-arvingene Christian og Helene Sundt gjennom Sundt AS, mangeårig shipping- og offshorerådgiver Harald Moræus Hansen gjennom sitt selskapet Uthalden AS, og tidligere nevnte Petter Stordalens Home Capital.