{"schema_version":"secwatch.filing_event.v1","accession":"0001714174-25-000147","form_type":"8-K","ticker":"BUR","cik":"0001714174","company_name":"Burford Capital Ltd","filed_at":"2025-07-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.757393+00:00","generated_at":"2026-05-18T06:56:38.772084+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Burford Capital issues $500M 7.50% senior notes due 2033 to refinance 2025 bonds","bullets":["Issued $500M aggregate principal of 7.50% senior notes due July 15, 2033; interest payable semi-annually.","Guaranteed on a senior unsecured basis by Burford Capital and two wholly owned subsidiaries.","Net proceeds to repay the 6.125% bonds due 2025 at maturity; remainder for general corporate purposes including potential repayment of 5.00% bonds due 2026.","Indenture includes restrictive covenants on incurring additional debt, dividends, liens, mergers, and affiliate transactions.","Upon a Change of Control Triggering Event, issuer must offer to repurchase notes at 101% of principal plus accrued interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001714174-25-000147","json":"https://secwatch.observer/filing/0001714174-25-000147.json","markdown":"https://secwatch.observer/filing/0001714174-25-000147.md","text":"https://secwatch.observer/filing/0001714174-25-000147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1714174/000171417425000147/0001714174-25-000147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1714174/000171417425000147/bur-20250711.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T06:56:38.772084+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8f7e7b23e0825f1306ba71e9e4eaed3030d91c99","claim":"Burford Capital Ltd incurred senior notes of $500,000,000 aggregate principal amount with investors at 7.50% per annum maturing July 15, 2033.","evidence_excerpt":"On July 11, 2025, Burford Capital Global Finance LLC (the “ Issuer ”), an indirect, wholly owned subsidiary of Burford Capital Limited (“ Burford Capital ”), closed its previously announced private offering (the “ Offering ”) of $500,000,000 aggregate principal amount of the Issuer’s 7.50% senior notes due 2033 (the “ Notes ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1714174/000171417425000147/0001714174-25-000147-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$500,000,000 aggregate principal amount"},{"label":"Counterparty","value":"investors"},{"label":"Rate","value":"7.50% per annum"},{"label":"Maturity","value":"July 15, 2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}