Closing of Private Offering of Senior Notes

Burford Capital Limited ("Burford" or "Burford Capital"), the leading global finance and asset management firm focused on law, announces the successful completion of its new issuance of $500 million of senior notes on Friday, July 11, 2025.

Burford CEO Christopher Bogart commented: "We're very pleased with the results of this latest debt offering, which added a half-billion dollars in capital, building on our momentum and strengthening our position to achieve our growth targets. The offering was substantially oversubscribed, reflecting strong demand and market confidence in Burford's performance, and enabling us to increase the size of the issuance while simultaneously decreasing its price. Ultimately, we priced a $500 million, eight-year bond at 7.50%, which represents the most competitive pricing relative to Treasuries that Burford has ever achieved. Burford's ready access to significant capital on desirable terms sets us apart from our peers and reaffirms our position of global leadership."

Burford intends to use the net proceeds from the offering to repay bonds due in 2025 at their maturity date and the remainder for general corporate purposes, including the potential repayment or retirement of other existing indebtedness, which may include bonds due in 2026.