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Prospect News home > News index > List of issuers B > Headlines for Burford Capital Ltd. > News item
Published on 5/20/2022 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Burford prices redemption for 6½% guaranteed bonds at 101.05

By William Gullotti

Buffalo, N.Y., May 20 – Burford Capital Ltd. announced pricing for the early redemption of Burford Capital plc’s outstanding £90 million 6½% guaranteed bonds due 2022 (ISIN: XS1088905093), according to a press release on Friday.

The bonds will be redeemed on May 25 at 101.05, which includes accrued but unpaid interest up to, but excluding, the redemption date.

The issuer has appointed Allia C&C as financial adviser, and Numis Securities Ltd. (+44 20 7260 1000) and Jefferies International Ltd. (+44 20 7029 8000) are joint brokers.

Burford Capital is a direct wholly owned subsidiary of Burford Capital Holdings (UK) Ltd. and an indirect wholly owned subsidiary of Burford Capital Ltd. Burford is a finance and professional services company based in Chicago with offices in New York and London.


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