NYSE:BORREnergy Services
Borr Drilling (BORR) Valuation Check After Material Debt Tender And Balance Sheet Simplification
Borr Drilling (BORR) is in focus after announcing early tender results for its Senior Secured Notes due 2028 and 2030. This is a material balance sheet move that reduces debt and simplifies its capital structure.
See our latest analysis for Borr Drilling.
The stock has pulled back sharply in the short term, with the share price down 22.05% over the past 30 days and 17.84% over 90 days. This comes even though the year-to-date share price return is 14.29% and the 1-year total shareholder return...