Partial Repurchase and Cancellation of Bonds
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your BUR notes
THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW OF THE UNITED KINGDOM BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED.
Partial Repurchase and Cancellation of Bonds
Burford Capital Finance LLC (the "Issuer"), the special purpose financing vehicle created to issue Burford's US Dollar denominated retail bonds due 2025 and an indirect wholly-owned subsidiary of Burford Capital Limited ("Burford"), hereby announces that it has repurchased $19,796,000 in principal amount of its 6.125 per cent. US-dollar-denominated bonds due August 12, 2025 (ISIN: XS1756325228) (the "Bonds"), at a weighted average price of 99.322% of the principal amount plus accrued interest. In accordance with the terms and conditions of the Bonds, the repurchased Bonds will be cancelled. Following this repurchase and cancellation, the outstanding principal amount of the Bonds will be $160,204,000.
The Issuer may seek to make further repurchases of Bonds from time-to-time, subject to market conditions.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.