Borr Drilling founder Trøim subscribes for shares in equity emission

Rig company Borr Drilling has lowered its capital injection target, which the company has been working to secure for a week. Meanwhile, the company has reached agreement with its lenders about additional liquidity. Founder Tor Olav Trøim subscribed for shares.

BY SØREN PICO, SHIPPINGWATCH

Strained drilling company Borr Drilling has lowered its target for a planned capital injection, which the company has been working to secure for the past week.

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Chief exec of Trøim's latest IPO goes on leave following corruption accusations
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