Burford Capital Announces Pricing and Upsizing of Private Offering of Senior Notes

Burford has announced the pricing of its private offering of $275.0 million aggregate principal amount of additional 9.250% senior notes due 2031, which represents an increase from the previously announced offering size. The additional notes will initially be offered to investors at an offering price equal to 103.625% of the principal amount, plus accrued interest from January 1, 2024, representing a yield to worst of 8.251%.