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Final Results/Accession of Burford Cap Finance LLC

10 Apr 2018 12:55

RNS Number : 4504K
Burford Capital PLC
10 April 2018
 

The information contained herein is not for release, publication or distribution in or into the United States, Australia, Canada, Japan, South Africa, the Republic of Ireland or in any other jurisdiction where it is unlawful to distribute this document. The information contained herein may only be released, published or distributed in the United Kingdom, Jersey, the Bailiwick of Guernsey and the Isle of Man in accordance with the applicable regulatory requirements.

 

SEE "IMPORTANT INFORMATION" BELOW

 

10 April 2018

 

BURFORD CAPITAL PLC

 

6.5% STERLING BONDS DUE 2022

6.125% STERLING BONDS DUE 2024

5% STERLING BONDS DUE 2026

 

 

Annual Report and Financial Statements 2017

 

Burford Capital PLC (the "Issuer"), the special purpose financing vehicle created to issue Burford's retail bonds and an indirect wholly-owned subsidiary of Burford Capital Limited ("Burford" or "the Company"), announces that the Burford Capital PLC Annual Report and Financial Statements 2017 have today been made available on the Company's website (www.burfordcapital.com/investors/bonds/). This annual report relates only to the Issuer.

 

Burford's 2017 results were issued on 14 March 2018. A copy of that announcement can also be found on the Burford website (http://www.burfordcapital.com/investors/).

 

Accession of Burford Capital Finance LLC

Today, the Issuer announces that Burford Capital Finance LLC has acceded as a Subsidiary Guarantor for the purposes of the Issuer's:

· £90,000,000 6.50 per. cent guaranteed bonds due 19 August 2022, issued on 19 August 2014;

· £100,000,000 6.125 per. cent guaranteed bonds due 2024, issued on 26 April 2016; and

· £175,000,000 5.0 per. cent guaranteed bonds due 2026, issued on 1 June 2017.

The accession is effective as of today's date.

For further information, please contact:

 

Burford Capital

Elizabeth O'Connell, CFA, Chief Financial Officer

+1 212 235 6825

Neustria Partners - Financial Communications for Burford Capital

+44 (0)20 3021 2580

Robert Bailhache [email]

Charles Gorman [email]

Nick Henderson [email]

 

About Burford Capital PLC

Burford Capital PLC is a special purpose financing vehicle created to issue Burford's 2014, 2016 and 2017 Sterling denominated retail bonds and an indirect wholly-owned subsidiary of Burford Capital Limited.

 

About Burford Capital Finance LLC

Burford Capital Finance LLC is a special purpose financing vehicle created to issue Burford's 2018, US Dollar denominated retail bonds and an indirect wholly-owned subsidiary of Burford Capital Limited.

 

About Burford

Burford is a leading global finance and investment management firm focused on law. Burford's businesses include litigation finance and risk management, asset recovery, and a wide range of legal finance and advisory activities. Burford's equity and debt securities are publicly traded on the London Stock Exchange, and it works with law firms and clients around the world from its principal offices in New York, London, Chicago and Singapore.

 

For more information about Burford, visit www.burfordcapital.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEAFLEFSDPEFF
Date   Source Headline
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10th May 20228:00 amRNSNotice of Early Redemption of Bonds Due 2022
28th Mar 201911:30 amRNSBurford Capital PLC Final Results
10th Apr 201812:55 pmRNSFinal Results/Accession of Burford Cap Finance LLC
30th Jan 20184:18 pmRNSBurford Raises $180m in Pioneering USD Bond Issue
30th Jan 20184:09 pmRNSIssue of Debt
23rd Jan 20184:36 pmRNSLaunch of 6.125% Eurodollar bonds due 2025
21st Nov 20175:19 pmRNSDirectorate Change
19th May 20179:58 amRNS5% Sterling Bonds Due 2026 - Sizing Announcement
18th May 201710:46 amRNSEarly Closure of Offer Period
11th May 20175:44 pmRNSLaunch of 5% Guaranteed Sterling Bonds due 2026
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19th Apr 20162:02 pmRNSBurford Raises £100m in Bonds to reach US$1bn mark
19th Apr 20161:59 pmRNS6.125pc Bonds Due 2024 - Sizing Announcement
13th Apr 20162:01 pmRNSUpdate on Offer Size
5th Apr 20163:56 pmRNSLaunch of 6.125% Guaranteed Sterling Bonds due2024
23rd Mar 20167:02 amRNSIntention to hold meetings re possible bond issue
23rd Mar 20167:01 amRNSFinal Results
30th Oct 20152:00 pmRNSDirectorate Change
16th Apr 20157:01 amRNSAnnual Financial Report

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