Partial Repurchase and Cancellation of Bonds
Repurchased and cancelled $57.2m principal of 2025 bonds due August, reducing outstanding amount to $122.8m.
- 2025 Bonds repurchased and cancelled $57,214,400
- Outstanding 2025 Bonds after cancellation $122,785,600
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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.
Open Market Purchases and Cancellation of 2025 Bonds
Burford Capital Finance LLC (the "Issuer"), a special purpose financing vehicle and an indirect wholly-owned subsidiary of Burford Capital Limited ("Burford"), hereby announces that, as of March 14, 2025, it has purchased in open market transactions an aggregate of $57,214,400 principal amount of its 6.125 per cent. US-dollar-denominated bonds due August 12, 2025 (ISIN: XS1756325228) (the "2025 Bonds"). In accordance with the terms and conditions of the 2025 Bonds, the purchased 2025 Bonds will be cancelled. Following the purchases and cancellation of the 2025 Bonds, the outstanding principal amount of the 2025 Bonds will be $122,785,600.
The Issuer may seek to make further purchases in open market transactions of the 2025 Bonds from time to time, subject to market conditions.
This announcement is released by the Issuer and contains 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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.