Burford Capital PLC Statement re Subsidiary Guarantor (1753A)

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RNS Number : 1753A

Burford Capital PLC

28 May 2021

The information contained herein is not for release, publication or distribution in or into the United States, Australia, Canada, Japan, South Africa, the Republic of Ireland or in any other jurisdiction where it is unlawful to distribute this document. The information contained herein may only be released, published or distributed in the United Kingdom, Jersey, the Bailiwick of Guernsey and the Isle of Man in accordance with the applicable regulatory requirements.

28 May 2021

BURFORD CAPITAL PLC ANNOUNCES BURFORD CAPITAL GLOBAL FINANCE LLC ACCEDES AS SUBSIDIARY GUARANTOR

6.5% STERLING BONDS DUE 2022

6.125% STERLING BONDS DUE 2024

5% STERLING BONDS DUE 2026

Burford Capital PLC, the special purpose financing vehicle created to issue Burford's Sterling denominated retail bonds and an indirect wholly-owned subsidiary of Burford Capital Limited, announces that Burford Capital Global Finance LLC has acceded as a Subsidiary Guarantor of Burford Capital PLC's:

 
   --   GBP90,000,000 6.50 per cent. guaranteed bonds due 19 August 
         2022, issued on August 19, 2014; 
   --   GBP100,000,000 6.125 per cent. guaranteed bonds due 2024, issued 
         on April 26, 2016; and, 
   --   GBP175,000,000 5.0 per cent. guaranteed bonds due 2026, issued 
         on June 1, 2017. 
 

The accession is effective May 27, 2021.

For further information, please contact:

 
   Burford Capital Limited 
   Robert Bailhache, Head of Investor Relations,          [phone] 
    EMEA and Asia - email                                  2023 
   Jim Ballan, Head of Investor Relations, Americas       +1 (646) 793 
    - email                                                9176 
 
   Numis Securities Limited - NOMAD and Joint             [phone] 
    Broker                                                 1000 
   Kevin Cruickshank (NOMAD) 
   Charlie Farquhar / Jonathan Abbott (Joint Broker) 
 
                                                          [phone] 
   Jefferies International Limited - Joint Broker          8000 
   Graham Davidson 
   Tony White 
 
 

About Burford Capital PLC

Burford Capital PLC is a special purpose financing vehicle created to issue Burford's 2014, 2016 and 2017 Sterling denominated retail bonds and an indirect wholly-owned subsidiary of Burford Capital Limited.

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 principal offices in New York, London, Chicago, Washington, Singapore and Sydney.

For more information, please visit www.burfordcapital.com .

This communication shall not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.

This release does not constitute an offer of any Burford fund. Burford Capital Investment Management LLC ("BCIM"), which acts as the fund manager of all Burford funds, is registered as an investment adviser with the U.S. Securities and Exchange Commission. The information provided herein is for informational purposes only. Past performance is not indicative of future results. The information contained herein is not, and should not be construed as, an offer to sell or the solicitation of an offer to buy any securities (including, without limitation, interests or shares in the funds). Any such offer or solicitation may be made only by means of a final confidential Private Placement Memorandum and other offering documents.

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May 28, 2021 06:00 ET (10:00 GMT)