Financials and Investment News in Bermuda

Valaris Announces Consent Solicitation with Respect to its Senior Secured First Lien Notes due 2028
8/15/2022 - Valaris Limited has commenced a consent solicitation (“Consent Solicitation”) with respect to proposed amendments to the indenture (the “Indenture”) governing the outstanding senior secured first lien...
Borr Drilling Announces Grant of Share Options and Performance Stock Units -
8/11/2022 - This is a correction of press release issued August 11, 12:26 CET. Full pay out of the PSU award is subject to reaching $ 10.00 per share on 75% of the days in the third quarter of 2025 prior to the 1...
Borr Drilling Limited – Grant of Share Options and Performance Stock Units
8/11/2022 - The Board of Directors of Borr Drilling Limited has resolved to grant 4,000,000 options under the Company’s approved share option scheme to certain of its employees, including two persons discharging ...
Teekay Corporation Announces New Share Repurchase Program
8/11/2022 - Teekay Corporation announced that its Board of Directors has authorized a share repurchase program for the repurchase of up to $30 million of the Company’s outstanding common shares. Under the program...
Borr Drilling Limited Announces Pricing of Public Offering of Common Shares
8/10/2022 - Borr Drilling Limited has priced its previously announced offering of 69,444,444 shares, at a price of $3.60 per common share for total gross proceeds of $250 million. The Company has also granted th...
Borr Drilling Limited – Mandatory Notification of Trades
8/10/2022 - Reference is made to Borr Drilling Limited’s stock exchange announcements of August 10, 2022, relating to the pricing of the equity offering through the subscription and allocation of a total of 69,44...
Borr Drilling Limited Announces 2nd Quarter & Six Months 2022 Preliminary Results
8/9/2022 - Borr Drilling Limited announces preliminary unaudited results for the three and six months ended June 30, 2022.

Highlights Second Quarter of 2022
· Total operating revenues of $105.3 ...
Seadrill Limited Announces Management Incentive Plan
8/8/2022 - The board of directors of Seadrill Limited has approved a new management incentive plan (the "Plan") under which awards may be made to certain members of the Company's management and other leading emp...
Flex LNG - 2022 Annual General Meeting
8/8/2022 - FLEX LNG LTD. (the “Company”) advises that the 2022 Annual General Meeting of the Company will be held on September 30, 2022. The record date for voting at the Annual General Meeting is set to August ...
Höegh LNG Announces Sale of Bonds Held in Treasury
8/4/2022 - Höegh LNG Holdings Ltd. ("Höegh LNG") announces that in the period 4 July 2022 through 4 August 2022, the company has sold an aggregate of NOK 396 million of HLNG03 bonds (ISIN: NO 001 0782949) held i...
Borr Drilling Limited Announces Update Refinancing
7/21/2022 - Borr Drilling Limited (the "Company") (BORR) refers to its announcements of 14 July 2022 regarding the status of negotiations with its secured creditors and a possible equity offering.

...
Borr Drilling Limited Provides Update on Refinance
7/14/2022 - Borr Drilling Limited refers to its communication of 30 June 2022 regarding the status of the negotiation with its secured creditors. The Company's board is pleased to announce that agreements in prin...
Borr Drilling Limited Announces Information on Potential Equity Offering
7/14/2022 - Borr Drilling Limited refers to its communication of 14 July 2022 regarding the agreements in principle reached with secured creditors for a refinancing of a majority of its secured debt. The Company ...
DHT Holdings, Inc. Announces Share Buyback
7/1/2022 - DHT Holdings, Inc. has during the second quarter purchased 2,826,771 of its own shares — equivalent to 1.7% of its outstanding shares — at an average price of $5.6256. The shares have been retired upo...
Borr Drilling Limited Provides Update on Refinance
6/30/2022 - Borr Drilling Limited refers to its previous communication regarding its ongoing negotiations with creditors to reach mutual agreements to refinance and extend its 2023 maturities and complete such re...
American Overseas Announces Repurchase of its Class B Preference Shares
6/24/2022 - American Overseas Group Limited announced that its subsidiary, American Overseas Reinsurance Company Limited (“AORE”), completed a private repurchase of $3.7M liquidation value of its Class B Preferen...
Seadrill Limited (SDRL) Announces First Quarter 2022 Results
5/25/2022 - Seadrill Limited (“Seadrill” or "the Company") (SDRL), a leader in offshore drilling, provides financial results for the quarter ended March 31, 2022. ...
Seadrill Limited Announces Approval and Publication of Prospectus Supplement
5/12/2022 - Reference is made to the stock exchange announcement published by Seadrill Limited on 27 April 2022 regarding the approval and publication of a prospectus prepared in connection with the listing of th...
Valaris Provides Quarterly Fleet Status Report
5/2/2022 - Valaris Limited issued a quarterly Fleet Status Report that provides the current status of the Company’s fleet of offshore drilling rigs along with certain contract information for these assets.
Teekay Publishes 2021 Sustainability Report
4/6/2022 - Teekay Corporation and Teekay Tankers Ltd. announced the publication of their 2021 Sustainability Report, which can be accessed on the Teekay Group’s website by clicking here.

“The world ne...

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