Burford 26 Discussion Threads

[speedsgh] 05/6/2020 13:50

Burford Capital 6.125% 26/10/2024 retail bond

Information Booklet -

Prospectus -

Fixed Income Investor: Bond of the Week (22/5/17) -

Interest will be paid in two equal instalments a year on 1 June and 1 December every year (with the first payment being made on 1 December 2017) up to and including 1 December 2026 (the “Maturity Date”), unless the Bonds have previously been redeemed or purchased and cancelled.

Term of the Bonds: 9.5 years

Optional early redemption by Burford Capital PLC: The Bonds may be redeemed (i.e. repaid) early (in whole but not in part), at any time, if Burford Capital PLC chooses to do so, at 100% of their principal amount or, if higher, an amount calculated by reference to the then current yield of the 1.5% United Kingdom Government Treasury Stock due 2026 plus a margin of 1.00%, together with any accrued interest. Investors in the Bonds should note this optional right is only available to Burford Capital PLC and not to investors in the Bonds.