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Burford Capital prices, upsizes private debt offering

StockMarketWire.com

Finance and asset management firm Burford Capital said it had priced its up-sized planned private offering of $400 million aggregate principal amount of 6.25% senior notes due 2028.

The offering, expected to closed April 5, represented an increase of $50 million from the previously announced offering size of $350 million.

'Burford Capital intends to use the net proceeds from the offering for general corporate purposes, including the potential repayment or retirement of existing indebtedness,' the company said.



At 9:02am: (LON:BUR) Burford Capital Limited share price was 0p at 746p


Story provided by StockMarketWire.com