Burford Capital Limited closed a private offering of $300 million in aggregate principal amount of 8.000% senior secured notes due October 15, 2029. The notes are guaranteed by Burford Capital and secured by substantially all assets of the issuer and certain subsidiaries. Interest is payable semi-annually on April 15 and October 15, commencing April 15, 2027. The company intends to use the net proceeds, combined with cash on hand, to fully redeem its existing 6.250% senior notes due 2028. Burford Capital Limited operates in the legal finance industry, providing capital and litigation funding services.

On September 14, 2026, Burford Capital Limited announced a planned private offering of $300 million in senior secured notes due 2029 by its subsidiary, Burford Capital Global Finance LLC. Concurrently, the issuer delivered a conditional notice to redeem all $400 million of outstanding 6.250% senior notes due 2028 on September 24, 2026, contingent upon receiving at least $300 million in new indebtedness proceeds by that date. Burford intends to pursue additional de-leveraging transactions, including opportunistic open market debt purchases, following the redemption. Burford Capital Limited operates in the litigation finance industry, providing capital and financial services to third-party litigants.

Burford Capital Limited reported unaudited financial results for the second quarter and first half of 2026. The company generated $157 million in cash receipts during Q2 2026, its highest quarterly total since Q1 2025, up significantly from $48 million in Q2 2025. Consolidated net income attributable to shareholders was $2.2 million for the quarter and a loss of $1,630 million year-to-date, driven by fair value write-downs on YPF-related assets. Burford ended June with $733 million in cash and marketable securities and $2.4 billion in debt outstanding. The company announced it does not intend to declare an interim dividend for 2026 but will evaluate future dividends as leverage reduces. Burford Capital Limited is a global finance and asset management firm focused on law, providing litigation finance, risk management, and asset recovery services.