- Litigation Finance Insider
- Burford Capital Announces Pricing and Upsizing of Private Offering of Senior Notes
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%.