Burford Capital Announces Pricing for Early Redemption of Bonds Due 2022

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NOTICE OF EARLY REDEMPTION OF BONDS AT THE CHOICE OF THE ISSUER-PRICING

Burford Capital plc (the “Issuer”)

£90,000,000 6.50%. guaranteed bonds due 2022 (the “Bonds”)

ISIN: XS1088905093

GUERNSEY / ACCESSWIRE / May 20, 2022 / This notice relates to the Bonds which are created by the indenture, dated August 19, 2014 (as amended, supplemented or otherwise modified on the date hereof, the “Deed of Trust“), by and between the Issuer, Burford Capital Limited, Burford Capital Finance LLC and Burford Capital Global Finance LLC, as guarantors, and US Bank Trustees Limited, as trustee (the “Curator“). Capitalized terms used in this Notice but not defined herein have the meaning ascribed to them in the Indenture.

This notice follows the notice of May 10, 2022 (the “Original Notice“), informing the Noteholders that, in accordance with Condition 8.3 (Redemption at the option of the Issuer), the Issuer intends to repay the aggregate principal amount of the Notes remaining outstanding in full on May 25, 2022 (the “Repayment date“).

NOTICE IS HEREBY GIVEN in accordance with Condition 14 (Notice) that, in accordance with Condition 8.3 (Redemption at the option of the Issuer), the redemption price payable for the Bonds is 101.050%. per £100 principal amount of the Bonds (the “Redemption priceThe Redemption Price will be paid together with any accrued but unpaid interest on the Bonds up to (but excluding) the Redemption Date, such amount being equal to £101,050 per £100 principal amount of the Bonds.

The Redemption Price has been calculated in accordance with Condition 8.3 (Redemption at the option of the Issuer) and in the manner specified by the Issuer in the Initial Notice.

This notice is given by Burford Capital Limited (“Burford“) on behalf of Burford Capital plc.

For more information, please contact:

Burford Capital Limited

For investor and analyst enquiries:

Robert Bailhache, Head of Investor Relations, EMEA and Asia – email

+44 (0)20 3530 2023

Jim Ballan, Head of Investor Relations, Americas – email

+1 (646) 793 9176

For press inquiries:

David Helfenbein, Vice President, Public Relations – Email

+1 (212) 235 6824

Numis Securities Limited – NOMAD and co-broker

+44 (0)20 7260 1000

Gilles Rolls

Charlie Farquhar

Jefferies International Limited – Joint broker

+44 (0)20 7029 8000

Graham Davidson

Tony White

About Burford Capital

Burford Capital is the world’s leading legal-focused finance and asset management company. Its activities include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is listed 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 main offices in New York, London , Chicago, Washington. , DC, Singapore, Sydney and Hong Kong.

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

Important Information

This notice does not constitute or form part of an offer or invitation to sell or issue, or a solicitation of an offer to purchase or subscribe for shares or any other security, nor (or part thereof) or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract therefor.

Forward-looking statements

This notice contains “forward-looking statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, regarding assumptions, expectations, projections, intentions and beliefs regarding future events. These statements are intended as “forward-looking statements”. In some cases, predictive, future, or forward-looking words such as “aim”, “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “plan”, “” , “intend”, “could”, “plan”, “potential”, “predict”, “projected”, “should” or “will” or the negative form of these terms or other comparable terms are intended to identify forward-looking terms. statements, but are not the exclusive means of identifying those statements. In addition, Burford and its representatives may from time to time make other oral or written statements that are forward-looking statements, including in Burford’s periodic reports that Burford files or provides to the U.S. Securities and Exchange Commission, other information sent to its security holders and other written documents. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future. Burford cautions you that forward-looking statements are not guarantees of future performance and are based on numerous assumptions, expectations, projections, intentions and beliefs and that the actual results of operations of Burford, including its financial condition and liquidity, and the development of the industry in which it operates, may differ materially from (and be more negative than) those made or implied by the forward-looking statements contained in this notice. Important factors that could cause actual results to differ from those expected by Burford include those discussed under “Risk Factors” in its Annual Report on Form 20-F filed with the United States Securities and Exchange Commission. on March 29, 2022 and other reports or documents that Burford files or provides to the U.S. Securities and Exchange Commission from time to time. In addition, even if the results of operations of Burford, including its financial condition and liquidity, and the development of the industry in which it operates, are consistent with the forward-looking statements contained in this notice, such results of operations or developments may not be indicative of the results of operations or the development of subsequent periods.

Except as required by law, Burford undertakes no obligation to update or revise any forward-looking statements contained in this notice, whether as a result of new information, future events or otherwise.

This information is provided by RNS, the information service of the London Stock Exchange. RNS is authorized by the Financial Conduct Authority to act as a primary information provider in the UK. Terms and conditions relating to the use and distribution of this information may apply. For more information, please contact [email protected] or visit www.rns.com.

THE SOURCE: Burford Capital Limited

See the source version on accesswire.com:
https://www.accesswire.com/702162/Burford-Capital-Announces-Pricing-of-Early-Redemption-of-Bonds-Due-2022

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