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Borr Drilling Capital/Financing Update 2019

Jun 28, 2019

Capital/Financing Update

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Borr Drilling Limited (BDRILL) - Financing completed

As referenced in its first quarter 2019 earnings report, Borr Drilling Limited

(the "Company") had received final credit approved commitments for financing in

the total amount of US$645 million. The documentation for the financing is now

completed and the funds have been made available to the Company.

28 June 2019

Borr Drilling Limited

Bermuda