BURFORD CAPITAL ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR SECURED NOTES

Burford Capital Limited has announced the pricing of a private offering of $300 million in aggregate principal amount of 8.000% senior secured notes due 2029. This offering, conducted by Burford Capital Global Finance LLC, is expected to close on September 17, 2026, pending customary closing conditions. The notes will be guaranteed by Burford Capital and secured by a senior lien on substantially all assets of Burford Capital Global Finance LLC, as well as the capital stock of certain subsidiaries.

Burford Capital is a prominent global finance and asset management firm that specializes in legal finance, including litigation finance and risk management. The firm operates a diversified business model that encompasses various legal finance and advisory services, positioning itself as a leader in its sector. The company is publicly traded on both the New York Stock Exchange and the London Stock Exchange, facilitating a wide reach in capital markets.

The proceeds from this offering are earmarked for the redemption of existing 6.250% senior notes due 2028. This strategic move aims to optimize Burford's capital structure by replacing higher-cost debt with lower-cost financing, thereby enhancing its financial flexibility and reducing interest expenses. The decision to issue senior secured notes reflects a growing trend among firms in the finance sector to leverage favorable market conditions to refinance existing obligations.

The broader finance sector has seen a dynamic shift in recent years, driven by rising interest rates and increasing competition among financial service providers. Companies are actively seeking to manage their debt profiles in a way that allows for sustainable growth and resilience against market fluctuations. Burford's latest offering is indicative of a proactive approach to capital management, which may serve as a model for other firms navigating similar challenges.

Looking ahead, the successful completion of this offering could bolster Burford Capital's position in the legal finance market, enabling it to pursue additional growth opportunities. As firms continue to adapt to changing economic conditions, the ability to effectively manage capital structures will be crucial for maintaining competitiveness and achieving long-term strategic objectives.