CII Reports Sole Control of 2.92M BORR Shares (1.2%)

Rhea-AI Filing Summary

Capital International Investors reported beneficial ownership of 2,919,627 shares of Borr Drilling Ltd., representing 1.2% of the issuer's approximately 239,308,556 outstanding shares. The filing states CII has sole voting and sole dispositive power over these shares, indicating it controls voting and sale decisions for the full position.

The reported position includes holdings tied to 200,000 Corporate Convertible/Exchangeable Debts, which the filer says represent 28,828 common shares. The filer is described as a division of Capital Research and Management Company and is classified as an investment adviser (IA) organized in Delaware. The filing affirms the securities are held in the ordinary course of business and not for the purpose of changing control.

Positive

• Clear control of the position: filer reports sole voting and sole dispositive power over all 2,919,627 shares
• Transparency on instruments: filing discloses inclusion of 200,000 convertible/exchangeable debts equating to 28,828 common shares

Negative

• Small ownership stake: the reported 1.2% holding is below 5% and is unlikely to be material to control or valuation

Insights

Financial Analyst

TL;DR: A modest, clearly controlled stake—2.92M shares (1.2%)—unlikely to move market or control dynamics.

The position of 2,919,627 shares equals roughly 1.2% of the reported share base, with sole voting and sole dispositive power. For investors, this signals a transparent, centralized holding by a professional asset manager rather than an activist or consortium. The inclusion of convertible/exchangeable debt equivalent to 28,828 shares is minor relative to the total stake. Overall, the filing documents ownership but does not present material influence on corporate control or likely near-term market-moving activity.

Corporate Governance Expert

TL;DR: Reporting shows clear stewardship by an investment adviser but ownership size is below typical control thresholds.

The filing identifies Capital International Investors as the reporting entity with sole authority to vote and dispose of the reported shares, which simplifies governance counterparties’ view of who speaks for this stake. However, at 1.2% of outstanding stock, the position is below thresholds commonly associated with board influence or control contests. The certification that holdings are in the ordinary course of business further reduces the filing's implication of an activist intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Borr Drilling Ltd.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

G1466R173

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G1466R173

1

Names of Reporting Persons

Capital International Investors

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,919,627.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,919,627.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,919,627.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.2 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Borr Drilling Ltd.
(b)	Address of issuer's principal executive offices: S.E. PEARMAN BUILDING, 2ND FLOOR 9 PAR-LA-VILLE ROAD, HAMILTON HM11, Bermuda
Item 2.
(a)	Name of person filing: Capital International Investors
(b)	Address or principal business office or, if none, residence: 333 South Hope Street, 55th Fl, Los Angeles, CA 90071
(c)	Citizenship: N/A
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: G1466R173
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,919,627 ** **Capital International Investors ("CII") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CII's divisions of each of the investment management entities collectively provide investment management services under the name "Capital International Investors." CII is deemed to be the beneficial owner of 2,919,627 shares or 1.2% of the 239,308,556 shares believed to be outstanding. Shares reported include 200,000 Corporate Convertible/ Exchangeable Debts, which represent 28,828 Common Stock.
(b)	Percent of class: 1.2 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,919,627
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2,919,627
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Capital International Investors

Signature:	Jae Won Chung
Name/Title:	Vice President and Senior Counsel II, Capital Research and Management Company
Date:	08/12/2025

FAQ

Who filed the Schedule 13G/A for BORR?

The filing was made by Capital International Investors, a division of Capital Research and Management Company.

How many BORR shares does Capital International Investors report owning?

The filer reports beneficial ownership of 2,919,627 shares of Borr Drilling Ltd.

What percentage of BORR outstanding stock does the 2,919,627 shares represent?

The reported position represents 1.2% of the issuer's approximately 239,308,556 outstanding shares.

Does the filer have voting or dispositive power over the BORR shares?

Yes. The filer reports sole voting power and sole dispositive power for the entire reported position.

Are any convertible or exchangeable securities included in the reported BORR position?

Yes. The filing notes 200,000 Corporate Convertible/Exchangeable Debts that the filer says represent 28,828 common shares.