Burford Capital (BUR) priced its upsized $500 million private offering of 8.5% senior secured notes due 2034, issued by its Burford Capital Global Finance subsidiary.
Proceeds will be used to redeem Burford Capital PLC's 5% notes due 2026 and for general corporate purposes, the company said Tuesday in a statement.
The offering, initially announced at $450 million, is expected to close Thursday.
Price: 9.55, Change: -0.10, Percent Change: -0.99
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