Burford Capital Stock Price, News & Analysis

Burford Capital (NYSE:BUR) has released its latest Burford Quarterly (Issue No. 3, 2025), highlighting the transformation of litigation finance from a cost center to a strategic business asset. The publication features key insights on how legal departments are leveraging litigation to drive enterprise value and capital efficiency.

Notable findings include that 73% of in-house lawyers report increased revenue from patent monetization over the past decade. The journal explores how legal finance is enabling General Counsels to become strategic value creators, with articles focusing on affirmative recovery programs, patent monetization opportunities, and London's role as a global disputes hub.

Burford Capital (NYSE:BUR) has successfully priced a private offering of $500 million senior notes due 2033 with a 7.50% interest rate, representing an increase from the initially announced size. The notes will be issued through Burford Capital Global Finance LLC and guaranteed by Burford Capital and its subsidiaries.

The company plans to use the proceeds to repay its 6.125% bonds due 2025 and for general corporate purposes, including potential repayment of other debt such as the 5.000% bonds due 2026. The offering, limited to Qualified Institutional Buyers and non-US qualified purchasers, is expected to close on July 11, 2025.

[ "Successful upsizing of the notes offering, indicating strong investor demand", "Strategic refinancing of existing debt with longer maturity (2033)", "Enhanced financial flexibility through debt restructuring" ]

Burford Capital (NYSE:BUR), a leading global finance and asset management firm focused on law, has announced a planned private offering of $400 million senior notes due 2033. The notes will be issued through its subsidiary, Burford Capital Global Finance LLC, and will be guaranteed on a senior unsecured basis by Burford Capital and its subsidiaries.

The company plans to use the proceeds to repay the 6.125% bonds due 2025 and for general corporate purposes, which may include repaying the 5.000% bonds due 2026. The offering will be limited to Qualified Institutional Buyers and non-US persons who qualify as Qualified Purchasers.

Burford Capital (NYSE:BUR), a leading global finance and asset management firm specializing in law, announced that previously proposed tax provisions related to litigation finance have been removed from the US Senate's budget reconciliation bill. The removal came after the Senate Parliamentarian ruled these provisions ineligible for inclusion. The Senate has subsequently adopted the bill without the litigation finance provisions.

Burford Capital (BUR), a global finance and asset management firm focused on law, has announced two significant developments. First, the Senate Parliamentarian ruled that proposed tax provisions relating to litigation finance in the US Senate's draft budget reconciliation bill are not eligible for inclusion.

Second, in the Petersen and Eton Park matters, the U.S. District Court for the Southern District of New York has ordered Argentina to transfer its Class D shares of YPF (approximately 51% of outstanding shares) to a Bank of New York Mellon custody account within 14 days. These shares are to be transferred to Petersen and Eton Park within one business day thereafter. While this represents a positive step in the enforcement campaign against Argentina, Burford notes that further judicial proceedings may follow.

Burford Capital (BUR) provided an update regarding proposed tax provisions for litigation finance in the US Senate's draft budget reconciliation bill. The revised bill includes a reduced tax rate of 31.8% (down from 40.8%) and a withholding tax rate of 15.9% on gains (reduced from 50% of tax rate on gross proceeds).

According to the Joint Committee on Taxation, the expected tax revenue from these provisions over the next decade has been reduced to $1.4 billion, down from previous estimates of up to $3.5 billion. The company notes that the legislation remains under Senate debate, with uncertain procedural and political steps ahead. Burford states it cannot yet assess the potential impact of these provisions on its future tax position if enacted.

Burford Capital (NYSE:BUR) has released new research revealing that US companies are significantly underutilizing commercial class action opt-out opportunities. The study, surveying 301 senior in-house lawyers, found that while 54% of companies had potential recoveries exceeding $50 million in the past five years, 62% typically remained in class actions.

The research indicates that 71% of lawyers believe opting out would have increased recoveries by over 25%. Despite 86% prioritizing maximizing recoveries, companies cite litigation costs and outcome uncertainty as main deterrents. Legal financing solutions, which could address these barriers, remain underutilized, with only 39% of companies having used them for opt-out strategies.

Burford Capital (BUR) has issued a statement regarding proposed tax provisions affecting litigation finance in the US Senate's draft of the budget reconciliation bill. While the House version makes no mention of litigation finance, the Senate draft includes provisions aimed at increasing the statutory tax rate on litigation finance transactions. The Senate's proposed language lacks precision, making it difficult for Burford to assess potential impacts. The reconciliation process between the House and Senate bills faces significant political uncertainty, requiring extensive negotiation and additional votes from both chambers. Burford emphasizes that litigation finance plays a crucial role in supporting businesses by providing capital for meritorious claims and enabling economic development, innovation, and job creation.

Burford Capital (BUR) announced plans for open market purchases of its ordinary shares on the London Stock Exchange. The purchases will be executed by Numis Securities Limited to satisfy awards granted to non-employee directors under the Burford Capital Limited 2021 Non-Employee Directors' Share Plan. The company intends to acquire 29,227 shares with an approximate aggregate market value of £274,000, based on the June 4, 2025 closing price. The purchases will be made as soon as practicable following the announcement.