Burford Capital Announces $300 Million Senior Secured Note Offering
News related to:Burford Capital Limited · 2 min read
NEW YORK, Sept. 14, 2026 /CourierPR/ -- Burford Capital, a leading global finance and asset management firm focused on law, has announced plans to issue $300 million in senior secured notes due in 2029. The notes will be issued by Burford Capital Global Finance LLC, an indirect, wholly owned subsidiary of Burford Capital. The securities will be guaranteed by Burford Capital and secured by a senior lien on the assets of Burford Capital Global Finance LLC and the capital stock of certain subsidiaries, with certain exceptions.
The primary purpose of this financing is to redeem the 6.250% senior notes due 2028 of Burford Capital Global Finance LLC, which have an aggregate principal amount of $400 million. Burford intends to deliver a conditional notice of redemption on the same day as the announcement, providing for the redemption of all outstanding 2028 notes on September 24, 2026, contingent upon the successful completion of a $300 million financing.
The securities will not be registered under the US Securities Act of 1933 or the laws of any other jurisdiction.
This move by Burford Capital is part of its ongoing strategy to manage its debt structure and enhance its financial flexibility. The company aims to optimize its capital structure by refinancing existing debt with new, more favorable terms. The redemption of the 2028 notes will allow Burford to reduce its interest burden and potentially improve its financial ratios.
Burford Capital, headquartered in the global network of offices it operates from, continues to focus on litigation finance, risk management, asset recovery, and a wide range of legal finance and advisory activities. The firm's public listings on the New York Stock Exchange and the London Stock Exchange underscore its status as a key player in the legal finance market.
The announcement highlights Burford's commitment to maintaining a robust capital structure and enhancing its financial position. By refinancing its existing debt, the company aims to create a more stable and efficient financial environment, which could have positive implications for its future operations and growth prospects.