BUR - Burford Capital unit to offer $400M senior notes
2023-06-20 08:05:27 ET
- Burford Capital ( NYSE: BUR ) announces private offering of $400M aggregate principal amount of senior notes due 2031 by its indirect, wholly owned subsidiary, Burford Capital Global Finance LLC.
- The notes will be guaranteed on a senior unsecured basis by Burford Capital as well as Burford Capital Finance LLC and Burford Capital PLC, both indirect, wholly owned subsidiaries of Burford Capital.
- Net proceeds from the offering will be used for general corporate purposes, including the potential repayment or retirement of existing indebtedness.
- Source: Press Release
For further details see:
Burford Capital unit to offer $400M senior notes