Burford Capital Share News (BUR)

Burford Capital boasts "strongest set" of interims in firm's history

(Alliance News) - Burford Capital Ltd on Wednesday said it had delivered its "strongest set" of interim financial results in the firm's history in the first half of 2023, as it reported surging profit and revenue.

Burford hails New York court suggesting Argentina should pay damages

(Alliance News) - Burford Capital on Monday issued an update on proceedings in connection with the Petersen and Eton Park cases against the Republic of Argentina and Argentinian state-owned energy company YPF SA.

Burford Capital responds to US court decision in YPF litigation

(Sharecast News) - Legal-focussed finance and asset management company Burford Capital updated the market on the Petersen and Eton Park litigation against the Republic of Argentina and YPF on Monday, in the United States District Court for the Southern District of New York.

LONDON BRIEFING: Restaurant Group sells Frankie & Benny's and Chiquito

(Alliance News) - Stocks in London are called higher on Monday, ahead of a busy week of interest rate decisions and economic data.

IN BRIEF: Burford Capital shares suspended pending announcement

Burford Capital Ltd - litigation-related investment capital provider - Says the US District Court for the Southern Disrict of New York has made its decision in The Petersen Group's case against the Argentinian government, awarding Petersen USD16 billion in damages. Earlier, Burford shares were temporarily suspended from trading on London's AIM Market, pending an announcement from the firm.

UK earnings, trading statements calendar - next 7 days

Sysco's plan to cede antitrust claims to Burford entity draws opposition

July 13 (Reuters) - Tyson Foods, Perdue Farms and other major meat industry suppliers that are challenging price-fixing claims in U.S. court said they oppose a plan to let a litigation funder affiliate take over as the plaintiff in the cases.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Burford Capital sees continued strong demand for financing

Burford Capital Ltd - litigation-related investment capital provider - Closes private offering USD400 million principal amount of 9.250% senior notes due 2031. Intends to use the proceeds for general corporate purposes, and the early redemption of the 6.125% bonds due 2024, on July 12. Further, states demand for financing continues to outpace the rate at which it can recycle capital from concluded matters to fund that new demand.

IN BRIEF: Burford Capital announces pricing of private offering

Burford Capital Ltd - London-based global finance and asset manager, focusing on law - Says aggregate principal amount of USD400 million private offering is priced at a principal amount of 9.3% senior notes, and is due in 2031. Says notes will be guaranteed on a senior unsecured basis alongside subsidiaries Burford Capital Finance LLC and Burford Capital PLC. Says offering is expected to close on June 26. Intends to use proceeds for general corporate purposes and debt repayment of 6.1% bonds due in 2024.

LONDON BROKER RATINGS: Shell raised; Goldman likes Deliveroo

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

IN BRIEF: Burford Capital plans USD400 million senior notes offer

Burford Capital Ltd - London-based global finance and asset manager, focusing on law - Plans private offering of USD400 million senior notes due in 2031 via its indirect, wholly-owned subsidiary Burford Capital Finance LLC. Says this is subject to market and other conditions. Intends to use the net proceeds for general corporate purposes, including the potential repayment or retirement of existing indebtedness.

Burford Capital first-quarter earnings soar, cites positive momentum

(Alliance News) - Burford Capital Ltd on Tuesday said profit and revenue both multiplied in the first quarter of 2023, highlighting continued positive momentum within its portfolio.

UK dividends calendar - next 7 days

Burford Capital confirms sterling rate for second interim dividend

(Sharecast News) - Finance and asset management firm Burford Capital announced the sterling conversion rate for its previously-declared second interim dividend on Friday.