TIDMBUR TIDMBUR2
RNS Number : 3782F
Burford Capital Limited
07 July 2023
7 July 2023
SEE "IMPORTANT INFORMATION" BELOW.
Notice of Early Redemption of Bonds at the Option of the
Issuer-Pricing
Burford Capital plc (the "Issuer")
GBP100,000,000 6.125 per cent. guaranteed bonds due 2024 (the
"Bonds")
ISIN: XS1391063424
This notice is in respect of the Bonds which are constituted by
the trust deed, dated 26 April 2016 (as amended, supplemented or
otherwise modified to the date hereof, the "Trust Deed"), by and
among the Issuer, Burford Capital Limited, Burford Capital Finance
LLC and Burford Capital Global Finance LLC, as guarantors, and U.S.
Bank Trustees Limited, as trustee (the "Trustee"). Capitalised
terms used in this notice but not defined herein have the meanings
ascribed to them in the Trust Deed.
This notice is being given further to the notice, dated 26 June
2023 (the "Original Notice"), notifying the Bondholders that,
pursuant to Condition 8.3 (Redemption at the Option of the Issuer),
the Issuer intends to redeem the aggregate principal amount of the
Bonds that remain outstanding in full on 12 July 2023 (the
"Repayment Date").
NOTICE IS HEREBY GIVEN in accordance with Condition 14 (Notices)
that, pursuant to Condition 8.3 (Redemption at the Option of the
Issuer), the redemption price payable in respect of the Bonds is
100.000 per cent. per GBP100 principal amount of the Bonds (the
"Redemption Price"). The Redemption Price shall be paid together
with any accrued but unpaid interest on the Bonds up to (but
excluding) the Repayment Date.
The Redemption Price has been calculated in accordance with
Condition 8.3 (Redemption at the Option of the Issuer) and in the
manner specified by the Issuer in the Original Notice.
This notice is given by Burford Capital Limited ("Burford") on
behalf of Burford Capital plc.
For further information, please contact:
Burford Capital Limited
For investor and analyst inquiries:
Robert Bailhache, Head of Investor Relations, +44 (0)20 3530
EMEA and Asia - email 2023
Jim Ballan, Head of Investor Relations, Americas
- email +1 (646) 793 9176
For press inquiries:
David Helfenbein, Vice President, Public Relations
- email +1 (212) 235 6824
Numis Securities Limited - NOMAD and Joint +44 (0)20 7260
Broker 1000
Giles Rolls
Charlie Farquhar
+44 (0)20 7029
Jefferies International Limited - Joint Broker 8000
Graham Davidson
Tony White
+44 (0)20 3207
Berenberg - Joint Broker 7800
Toby Flaux
James Thompson
Arnav Kapoor
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 offices in New York, London, Chicago,
Washington, DC, Singapore, Dubai, Sydney and Hong Kong.
For more information, please visit www.burfordcapital.com .
Important information
This notice does not constitute, or form a part of, any offer or
invitation to sell or issue, or any solicitation of any offer to
purchase or subscribe for any shares or any other securities nor
shall it (or any part of it) or the fact of its distribution, form
the basis of, or be relied on in connection with, any contract
therefor.
Forward-looking statements
This announcement contains "forward-looking statements" within
the meaning of Section 21E of the US Securities Exchange Act of
1934, as amended, regarding assumptions, expectations, projections,
intentions and beliefs about future events. These statements are
intended as "forward-looking statements". In some cases,
predictive, future-tense or forward-looking words such as "aim",
"anticipate", "believe", "continue", "could", "estimate", "expect",
"forecast", "guidance", "intend", "may", "plan", "potential",
"predict", "projected", "should" or "will" or the negative of such
terms or other comparable terminology are intended to identify
forward-looking statements, but are not the exclusive means of
identifying such statements. In addition, Burford and its
representatives may from time to time make other oral or written
statements which are forward-looking statements, including in its
periodic reports that Burford files with, or furnishes to, the US
Securities and Exchange Commission , other information made
available to Burford's security holders and other written
materials. By their nature, forward-looking statements involve
known and unknown risks, uncertainties and other factors because
they relate to events and depend on circumstances that may or may
not occur in the future. Burford cautions you that forward-looking
statements are not guarantees of future performance and are based
on numerous assumptions , expectations, projections, intentions and
beliefs and that Burford's actual results of operations, including
its financial position and liquidity, and the development of the
industry in which it operates, may differ materially from (and be
more negative than) those made in, or suggested by, the
forward-looking statements contained in this announcement.
Significant factors that may cause actual results to differ from
those Burford expects include, among others, those discussed under
"Risk Factors" in Burford's annual report on Form 20-F for the year
ended December 31, 2022 filed with the US Securities and Exchange
Commission on May 16, 2023 and other reports or documents that
Burford files with, or furnishes to, the US Securities and Exchange
Commission from time to time . In addition, even if Burford's
results of operations, including its financial position and
liquidity, and the development of the industry in which it operates
are consistent with the forward-looking statements contained in
this announcement, those results of operations or developments may
not be indicative of results of operations or developments in
subsequent periods.
Except as required by law, Burford undertakes no obligation to
update or revise the forward-looking statements contained in this
announcement, whether as a result of new information, future events
or otherwise.
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END
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July 07, 2023 07:45 ET (11:45 GMT)
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