Burford Capital Increases Size of Senior Notes Offering to $500 Million

Burford Capital Enhances Senior Notes Offering

Burford Capital Limited, renowned for being a leader in global finance and asset management focused on legal services, recently revealed plans to increase the size of its private offering of senior notes to an impressive $500 million. The offering encompasses senior notes with an interest rate of 8.500%, maturing in 2034. This announcement underscores Burford's significant role in the legal financing landscape, making substantial movements that are expected to drive growth and financial stability.

The offering will be executed by Burford Capital Global Finance LLC, a wholly owned subsidiary of Burford. This increase represents an escalation from an initially set figure, reflecting the demand and confidence investors have in Burford Capital's financial strategies. Scheduled to close on January 15, 2026, the offering's successful execution hinges on meeting the standard closing conditions.

Purpose of the Offering

Burford Capital aims to utilize the proceeds from this offering primarily to redeem its existing 5.000% bonds due in 2026, which have become less attractive in the current interest rate environment. This strategic financial maneuver is indicative of Burford's management approach, focusing on optimizing its debt structure and managing interest costs effectively. The lingering funds from the offering will be allocated for general corporate purposes, including the potential repayment of other existing debts, which will fortify the company’s financial position going forward.

While the announcement does not constitute an offer to purchase the 2026 Bonds directly, it does provide an outline of Burford’s future trajectory, portraying a calculated approach to capital management.

Regulatory Considerations

It's important to note that the Securities from this offering will not be registered under the United States Securities Act of 1933, nor under the laws of other jurisdictions, making it clear that this offering is intended solely for