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Burford Capital Announces Successful Completion of $500 Million Debt Offering

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Burford Capital (NYSE:BUR), the leading global finance and asset management firm focused on law, has successfully completed a $500 million senior notes offering on July 11, 2025. The eight-year bond was priced at 7.50%, marking the company's most competitive pricing relative to Treasuries to date.

The offering was substantially oversubscribed, demonstrating strong market confidence in Burford's performance. The company plans to use the proceeds to repay bonds maturing in 2025, with the remainder allocated for general corporate purposes, including potential repayment of bonds due in 2026.

Burford Capital (NYSE:BUR), la principale società globale di finanza e gestione patrimoniale specializzata nel settore legale, ha completato con successo un collocamento di obbligazioni senior da 500 milioni di dollari l'11 luglio 2025. L'obbligazione a otto anni è stata emessa con un tasso del 7,50%, rappresentando la migliore quotazione dell'azienda rispetto ai titoli di Stato finora ottenuta.

L'offerta ha registrato una forte domanda, risultando ampiamente sovraccollocata, a testimonianza della fiducia del mercato nelle performance di Burford. La società intende utilizzare i proventi per rimborsare obbligazioni in scadenza nel 2025, destinando il resto a scopi aziendali generali, inclusa la possibile estinzione di obbligazioni con scadenza nel 2026.

Burford Capital (NYSE:BUR), la principal empresa global de finanzas y gestión de activos enfocada en el ámbito legal, ha completado con éxito una emisión de bonos senior por 500 millones de dólares el 11 de julio de 2025. El bono a ocho años se fijó con un interés del 7,50%, marcando la tasa más competitiva de la compañía en comparación con los bonos del Tesoro hasta la fecha.

La oferta fue ampliamente sobresuscrita, demostrando la fuerte confianza del mercado en el desempeño de Burford. La empresa planea usar los fondos para pagar bonos que vencen en 2025, destinando el resto a propósitos corporativos generales, incluyendo el posible pago de bonos con vencimiento en 2026.

Burford Capital (NYSE:BUR)는 법률 분야에 중점을 둔 글로벌 금융 및 자산 관리 선도 기업으로서, 2025년 7월 11일 5억 달러 규모의 선순위 채권 발행을 성공적으로 완료했습니다. 8년 만기 채권의 금리는 7.50%로 책정되어 지금까지 국채 대비 가장 경쟁력 있는 금리를 기록했습니다.

이번 발행은 크게 초과 청약되며 Burford의 실적에 대한 시장의 강한 신뢰를 보여주었습니다. 회사는 수익금을 2025년 만기 채권 상환에 사용하고, 나머지는 2026년 만기 채권 상환 가능성을 포함한 일반 기업 목적에 배분할 계획입니다.

Burford Capital (NYSE:BUR), la société mondiale leader en finance et gestion d'actifs spécialisée dans le domaine juridique, a finalisé avec succès une émission d'obligations senior de 500 millions de dollars le 11 juillet 2025. L'obligation à huit ans a été émise avec un taux de 7,50%, représentant le prix le plus compétitif de la société par rapport aux bons du Trésor à ce jour.

L'offre a été largement sursouscrite, témoignant de la forte confiance du marché dans les performances de Burford. La société prévoit d'utiliser les fonds pour rembourser des obligations arrivant à échéance en 2025, le reste étant destiné à des fins générales d'entreprise, y compris le remboursement potentiel d'obligations arrivant à échéance en 2026.

Burford Capital (NYSE:BUR), das weltweit führende Finanz- und Asset-Management-Unternehmen mit Schwerpunkt auf Recht, hat am 11. Juli 2025 erfolgreich eine Senior-Notes-Emission über 500 Millionen US-Dollar abgeschlossen. Die achtjährige Anleihe wurde mit 7,50% bepreist und stellt die bisher wettbewerbsfähigste Verzinsung des Unternehmens im Vergleich zu Staatsanleihen dar.

Das Angebot war deutlich überzeichnet, was das starke Marktvertrauen in Burfords Leistung unterstreicht. Das Unternehmen plant, die Erlöse zur Rückzahlung von Anleihen mit Fälligkeit 2025 zu verwenden, der Rest wird für allgemeine Unternehmenszwecke eingesetzt, einschließlich einer möglichen Rückzahlung von Anleihen mit Fälligkeit 2026.

Positive
  • Successfully raised $500 million through oversubscribed bond offering
  • Achieved most competitive Treasury-relative pricing in company history at 7.50%
  • Strong market demand allowed increased issuance size with decreased pricing
  • Demonstrates robust access to capital markets on favorable terms
Negative
  • Increases overall debt load with new $500 million bond issuance
  • Majority of proceeds allocated to existing debt repayment rather than growth initiatives

NEW YORK, July 14, 2025 /PRNewswire/ -- Burford Capital Limited ("Burford" or "Burford Capital"), the leading global finance and asset management firm focused on law, announces the successful completion of its new issuance of $500 million of senior notes on Friday, July 11, 2025.

Burford CEO Christopher Bogart commented: "We're very pleased with the results of this latest debt offering, which added a half-billion dollars in capital, building on our momentum and strengthening our position to achieve our growth targets. The offering was substantially oversubscribed, reflecting strong demand and market confidence in Burford's performance, and enabling us to increase the size of the issuance while simultaneously decreasing its price. Ultimately, we priced a $500 million, eight-year bond at 7.50%, which represents the most competitive pricing relative to Treasuries that Burford has ever achieved. Burford's ready access to significant capital on desirable terms sets us apart from our peers and reaffirms our position of global leadership."  

Burford intends to use the net proceeds from the offering to repay bonds due in 2025 at their maturity date and the remainder for general corporate purposes, including the potential repayment or retirement of other existing indebtedness, which may include bonds due in 2026.

About Burford Capital

Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR) and works with companies and law firms around the world from its global network of offices.

For more information, please visit www.burfordcapital.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.

This press release does not constitute an offer of any Burford private fund. Burford Capital Investment Management LLC, which acts as the fund manager of all Burford private funds, is registered as an investment adviser with the US Securities and Exchange Commission. The information provided in this press release is for informational purposes only. Past performance is not indicative of future results. The information contained in this press release is not, and should not be construed as, an offer to sell or the solicitation of an offer to buy any securities (including interests or shares in any of Burford private funds). Any such offer or solicitation may be made only by means of a final confidential private placement memorandum and other offering documents.

Forward-looking statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended, that are intended to be covered by the safe harbor provided for under these sections. In some cases, words such as "aim", "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "guidance", "intend", "may", "plan", "potential", "predict", "projected", "should" or "will", or the negative of such terms or other comparable terminology, are intended to identify forward-looking statements. Although Burford believes that the assumptions, expectations, projections, intentions and beliefs about future results and events reflected in forward-looking statements have a reasonable basis and are expressed in good faith, forward-looking statements involve known and unknown risks, uncertainties and other factors, which could cause Burford's actual results and events to differ materially from (and be more negative than) future results and events expressed, projected or implied by these forward-looking statements. Factors that might cause future results and events to differ include, among others, those discussed in the "Risk Factors" section of Burford's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the US Securities and Exchange Commission on March 3, 2025. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements contained in the periodic and current reports that Burford files with or furnishes to the US Securities and Exchange Commission. Many of these factors are beyond Burford's ability to control or predict, and new factors emerge from time to time. Furthermore, Burford cannot assess the impact of each such factor on its business or the extent to which any factor or combination of factors may cause actual results and events to be materially different from those contained in any forward-looking statement. Given these uncertainties, readers are cautioned not to place undue reliance on Burford's forward-looking statements.

All subsequent written and oral forward-looking statements attributable to Burford or to persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements speak only as of the date of this press release and, except as required by applicable law, Burford undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Cision View original content:https://www.prnewswire.com/news-releases/burford-capital-announces-successful-completion-of-500-million-debt-offering-302504039.html

SOURCE Burford Capital Limited

FAQ

What is the size and interest rate of Burford Capital's (BUR) new bond offering?

Burford Capital issued $500 million in senior notes with an eight-year term at 7.50% interest rate.

How will Burford Capital (BUR) use the proceeds from its 2025 bond offering?

Burford will use the proceeds to repay bonds maturing in 2025 and for general corporate purposes, including potential repayment of bonds due in 2026.

Was Burford Capital's (BUR) 2025 bond offering successful?

Yes, the offering was substantially oversubscribed, allowing Burford to increase the size while decreasing pricing, achieving its most competitive pricing relative to Treasuries ever.

What does the successful bond offering indicate about Burford Capital's (BUR) market position?

The successful offering demonstrates strong market confidence in Burford's performance and reaffirms its position of global leadership with superior access to capital compared to peers.

When will Burford Capital's (BUR) new bonds mature?

The new bonds are eight-year bonds, meaning they will mature in 2033, as they were issued in July 2025.
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