Burford Capital Limited announced on July 8, 2025, the pricing of its private offering of senior notes, which was upsized to $500 million aggregate principal amount from the previously announced size. The notes carry a 7.50% interest rate and are due in 2033.
The offering is being conducted by Burford Capital Global Finance LLC, an indirect, wholly-owned subsidiary, and the notes will be guaranteed on a senior unsecured basis by Burford Capital and other subsidiaries. The offering is expected to close on July 11, 2025.
Burford Capital intends to use the net proceeds from this upsized offering to repay its 6.125% bonds due 2025 at their maturity date. The remaining funds will be allocated for general corporate purposes, including the potential repayment or retirement of other existing indebtedness, such as the 5.000% bonds due 2026.
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