secwatch.observer — SEC 8-K summary
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Issuer:     Burford Capital Ltd (BUR)
CIK:        0001714174
Form:       8-K
Filed at:   2026-09-17T20:15:26+00:00
Accession:  0001714174-26-000101
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Burford Capital closes $300M 8.000% senior secured notes due 2029
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- Issued $300M aggregate principal of 8.000% senior secured notes due Oct 15, 2029; guaranteed by Burford Capital.
- Net proceeds, with cash on hand, will redeem in full the existing 6.250% senior notes due 2028.
- Interest payable semi-annually Apr 15 and Oct 15, first payment Apr 15, 2027; change of control repurchase at 101%.
- Notes secured by substantially all assets of issuer and stock of certain Burford subsidiaries; indenture imposes customary restrictions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1714174/000171417426000101/0001714174-26-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1714174/000171417426000101/bur-20260917.htm
  HTML page:      https://secwatch.observer/filing/0001714174-26-000101

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