Burford Capital Limited (NYSE: BUR, LSE: BUR) has priced a private offering of $300 million in aggregate principal amount of 8.000% senior secured notes due 2029, issued through its indirect wholly owned subsidiary, Burford Capital Global Finance LLC.

The notes will be guaranteed by Burford Capital and secured on a senior lien basis by substantially all assets of Burford Capital Global Finance LLC, as well as by the capital stock of certain Burford Capital subsidiaries, subject to certain exceptions. The offering is expected to close on September 17, 2026, subject to customary closing conditions.

Burford Capital said it intends to use the net proceeds from the offering, together with cash on hand, to redeem its existing 6.250% senior notes due 2028, also issued by Burford Capital Global Finance LLC.

The securities have not been registered under the U.S. Securities Act of 1933 and will be offered only to Qualified Institutional Buyers under Rule 144A or to non-U.S. persons under Regulation S, in each case who are also Qualified Purchasers as defined under the U.S. Investment Company Act of 1940.