Welcome to our dedicated page for BORR DRILLING SEC filings (Ticker: BORR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Borr Drilling Limited (NYSE: BORR) files reports and exhibits with the U.S. Securities and Exchange Commission as a foreign private issuer. This SEC filings page brings together the company’s Form 20-F annual report, Form 6-K current reports and related exhibits so investors can review official disclosures about its offshore shallow-water drilling business and premium jack-up rig fleet.
According to its unaudited interim financial report furnished on Form 6-K, Borr Drilling is an offshore shallow-water drilling contractor whose primary business is the ownership, contracting and operation of premium jack-up rigs for oil and gas exploration and production customers. The interim report provides management’s discussion and analysis, selected financial information, liquidity updates, details on revolving credit facilities, and operational and contract updates for rigs such as Galar, Grid, Gersemi, Vali, Odin and Hild.
Other Form 6-K filings incorporate press releases and transaction documents, including underwriting agreements for public offerings of common shares, legal opinions, and announcements of additional senior secured notes offerings. These filings describe how Borr Drilling plans to finance the acquisition of five premium jack-up rigs from Noble Corporation through a combination of additional notes, seller credit and equity issuance, as well as amendments to its super senior revolving credit facility and a new senior secured revolving credit facility.
On this page, users can access Borr Drilling’s quarterly financial updates, interim financial reports, and exhibits such as fleet status reports and earnings releases. Real-time updates from EDGAR are combined with AI-powered summaries that highlight key points from lengthy filings, helping readers quickly understand topics such as contract activity, liquidity, debt structure, risk factors and management changes. For those researching BORR, this page is a central source for reviewing the company’s regulatory history, capital markets transactions and operational disclosures.
Borr Drilling Limited furnishes a Form 6-K mainly to attach and reference key documents related to its capital markets activities. The report incorporates this Form 6-K into the company’s existing shelf registration statement on Form F-3, meaning the included exhibits become part of the legal documentation that supports potential future securities offerings. The filing attaches an underwriting agreement dated December 9, 2025 with several investment banks, a legal opinion from Conyers Dill & Pearman Limited, and a press release dated December 10, 2025.
Borr Drilling Limited is issuing 21,000,000 common shares at $4.00 per share, raising gross proceeds of $84,000,000 and estimated net proceeds of about $80.9 million. The company plans to use these funds, together with $165 million of new 10.375% senior secured notes due 2030 and $150 million of seller financing, to pay the $360 million purchase price for five premium jack-up rigs from Noble Corporation and related fees, and for general corporate purposes.
The acquisition, expected to close in the first quarter of 2026, would expand Borr’s fleet from 24 to 29 modern jack-up rigs and add associated contracts, data, equipment and intellectual property. As of September 30, 2025, Total Contract Backlog (excluding joint ventures) was $991.4 million with an average dayrate of about $139,000, and Dayrate Equivalent Backlog was $1.3 billion as of November 5, 2025. On an as-adjusted basis as of September 30, 2025 (excluding the seller financing), total debt would be about $2.28 billion, and common shares outstanding would increase from 285,872,798 to 306,872,798, reflecting additional leverage and equity dilution.
Borr Drilling Limited plans a primary offering of 21,000,000 common shares on the NYSE under the symbol BORR. The company intends to use the equity proceeds together with a planned $150 million senior secured notes issue, a $150 million seller financing facility and, if needed, cash on hand to fund a $360 million acquisition of five premium jack-up drilling rigs and related assets. The acquisition, expected to close in the first quarter of 2026, would expand Borr’s modern jack-up fleet from 24 to 29 rigs and increase its exposure to shallow-water drilling markets. As of December 1, 2025, Borr had 285,872,798 common shares outstanding, which would rise to 306,872,798 shares if the offering is completed.
AZVALOR ASSET MANAGEMENT SGIIC SA, a Spanish investment firm, has filed a Schedule 13G reporting a passive ownership stake in Borr Drilling Ltd. The firm reports beneficial ownership of 28,606,167 BORR DRILLING shares, representing 10.01% of the class. AZVALOR has sole power to vote and dispose of all these shares, with no shared voting or dispositive power.
The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Borr Drilling. The report is signed on behalf of AZVALOR by its CFO, Sergio Fernandez Pacheco.
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