{"schema_version":"secwatch.filing_event.v1","accession":"0001714174-26-000002","form_type":"8-K","ticker":"BUR","cik":"0001714174","company_name":"Burford Capital Ltd","filed_at":"2026-01-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.983309+00:00","generated_at":"2026-05-16T10:10:11.525681+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Burford Capital closes $500M offering of 8.50% senior notes due 2034; to redeem 5.000% bonds due 2026","bullets":["Issued $500M aggregate principal of 8.50% senior notes due Jan 15, 2034; guaranteed by Burford Capital.","Net proceeds to redeem all outstanding 5.000% bonds due 2026 and for general corporate purposes.","Interest payable semi-annually on Jan 15 and Jul 15, commencing Jul 15, 2026.","Notes redeemable at issuer's option prior to maturity; change of control triggers repurchase at 101% plus accrued interest.","Notice of redemption for the 2026 bonds issued; redemption date Jan 30, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001714174-26-000002","json":"https://secwatch.observer/filing/0001714174-26-000002.json","markdown":"https://secwatch.observer/filing/0001714174-26-000002.md","text":"https://secwatch.observer/filing/0001714174-26-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1714174/000171417426000002/0001714174-26-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1714174/000171417426000002/bur-20260115.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T10:10:11.525681+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":"55f353e72b7d76de85db9a68f15504012beb1595","claim":"Burford Capital Ltd incurred senior notes of $500,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 8.50% per annum maturing January 15, 2034.","evidence_excerpt":"On January 15, 2026, 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 8.50% senior notes due 2034 (the “ Notes ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1714174/000171417426000002/0001714174-26-000002-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$500,000,000 aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"8.50% per annum"},{"label":"Maturity","value":"January 15, 2034"},{"label":"Event","value":"incurrence"}]},{"claim_id":"0213cfcab5d9a148d91a57a9a7f691160543e4d6","claim":"Burford Capital Ltd entered into Indenture with U.S. Bank Trust Company, National Association valued at $500,000,000 (effective 2026-01-15).","evidence_excerpt":"On January 15, 2026, 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 8.50% senior notes due 2034 (the “ Notes ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1714174/000171417426000002/0001714174-26-000002-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$500,000,000"},{"label":"Effective","value":"2026-01-15"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}