Goldman Sachs Modifies Stake in Borr Drilling
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Goldman Sachs Modifies Stake in Borr Drilling

Borr Drilling (BORR) has released an update.

Goldman Sachs Group, Inc. has adjusted its financial instruments in Borr Drilling Limited, resulting in a slight decrease in their total position from 5.34% to 5.33%. The change was due to a mix of securities lending, convertible bonds, and swaps with various expiration dates, the most significant being securities lending at 4.41% voting rights. This adjustment crossed the threshold on September 8, 2024, signaling a minor change in Goldman Sachs’ investment in the drilling company.

For further insights into BORR stock, check out TipRanks’ Stock Analysis page.

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