---
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"
generated_at: "2026-05-18T06:56:38.772084+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Burford Capital issues $500M 7.50% senior notes due 2033 to refinance 2025 bonds

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001714174-25-000147
- JSON: https://secwatch.observer/filing/0001714174-25-000147.json
- Plain text: https://secwatch.observer/filing/0001714174-25-000147.txt

## Key facts
- Debt Financings
  Burford Capital Ltd incurred senior notes of $500,000,000 aggregate principal amount with investors at 7.50% per annum maturing July 15, 2033.
  - Instrument: senior notes
  - Principal: $500,000,000 aggregate principal amount
  - Counterparty: investors
  - Rate: 7.50% per annum
  - Maturity: July 15, 2033
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1714174/000171417425000147/0001714174-25-000147-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.