- Title:
Statement re Subsidiary Guarantor - Time:
11:00:03 - Date:
28 May 2021 - Category:
Corporate updates - ID:
1753A
The information contained herein is not for release, publication or distribution in or into the United States, Australia, Canada, Japan, South Africa, the Republic of Ireland or in any other jurisdiction where it is unlawful to distribute this document. The information contained herein may only be released, published or distributed in the United Kingdom, Jersey, the Bailiwick of Guernsey and the Isle of Man in accordance with the applicable regulatory requirements.
28 May 2021
BURFORD CAPITAL PLC ANNOUNCES BURFORD CAPITAL GLOBAL FINANCE LLC ACCEDES AS SUBSIDIARY GUARANTOR
6.5% STERLING BONDS DUE 2022
6.125% STERLING BONDS DUE 2024
5% STERLING BONDS DUE 2026
Burford Capital PLC, the special purpose financing vehicle created to issue Burford's Sterling denominated retail bonds and an indirect wholly-owned subsidiary of Burford Capital Limited, announces that Burford Capital Global Finance LLC has acceded as a Subsidiary Guarantor of Burford Capital PLC's:
| · |
£90,000,000 6.50 per cent. guaranteed bonds due 19 August 2022, issued on August 19, 2014; |
| · |
£100,000,000 6.125 per cent. guaranteed bonds due 2024, issued on April 26, 2016; and, |
| · |
£175,000,000 5.0 per cent. guaranteed bonds due 2026, issued on June 1, 2017. |
The accession is effective May 27, 2021.
For further information, please contact:
| Burford Capital Limited |
|
| Robert Bailhache, Head of Investor Relations, EMEA and Asia - email |
+44 (0)20 3530 2023 |
| Jim Ballan, Head of Investor Relations, Americas - email |
+1 (646) 793 9176 |
| |
|
| Numis Securities Limited - NOMAD and Joint Broker |
+44 (0)20 7260 1000 |
| Kevin Cruickshank (NOMAD) |
|
| Charlie Farquhar / Jonathan Abbott (Joint Broker) |
|
| |
|
| Jefferies International Limited - Joint Broker |
+44 (0)20 7029 8000 |
| Graham Davidson |
|
| Tony White |
|
|
|
|
About Burford Capital PLC
Burford Capital PLC is a special purpose financing vehicle created to issue Burford's 2014, 2016 and 2017 Sterling denominated retail bonds and an indirect wholly-owned subsidiary of Burford Capital Limited.
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 it works with companies and law firms around the world from its principal offices in New York, London, Chicago, Washington, Singapore and Sydney.
For more information, please visit www.burfordcapital.com.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.
This release does not constitute an offer of any Burford fund. Burford Capital Investment Management LLC ("BCIM"), which acts as the fund manager of all Burford funds, is registered as an investment adviser with the U.S. Securities and Exchange Commission. The information provided herein is for informational purposes only. Past performance is not indicative of future results. The information contained herein is not, and should not be construed as, an offer to sell or the solicitation of an offer to buy any securities (including, without limitation, interests or shares in the funds). Any such offer or solicitation may be made only by means of a final confidential Private Placement Memorandum and other offering documents.
Statement re Subsidiary Guarantor11:00:0328 May 2021Corporate updates1753A