11:36 Tue 23 Jan 2018
Burford Cap Fin LLC - Launch of 6.125% Eurodollar bonds due 2025
The information contained herein is not for release, publication or distribution in or into
MiFID II retail investors, professional investors and ECPs target market - Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients (all distribution channels) and also retail clients (all distribution channels).
SEE "IMPORTANT INFORMATION" BELOW
BURFORD CAPITAL FINANCE LLC
LAUNCH OF 6.125% EURODOLLAR BONDS DUE 2025
The Bonds will pay a fixed rate of interest of 6.125% per annum. Interest will be payable semi-annually in arrear in equal instalments.
The Bonds have a minimum initial subscription amount of
At any time during the life of the Bonds, investors are permitted to sell the Bonds (within market hours and in normal market conditions) on the open market through their stockbroker.
The Bonds are expected to be listed on the Official List of the
The offer period is now open and is expected to close at
For further information, please contact:
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+44 (0)20 3597 8677 |
Henrietta Podd |
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Mark Glowrey |
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+44 (0)20 3021 2580 |
Robert Bailhache [email] |
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Charles Gorman [email] |
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Nick Henderson [email] |
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About the Issuer
The Issuer is a special purpose financing vehicle created to issue US dollar denominated debt and an indirect wholly-owned subsidiary of Burford. It will be the issuer of the bonds now being offered.
About
About Burford
Burford will be a guarantor of the bonds now being offered. It is a leading global finance and investment management firm focused on law. Burford's businesses include litigation finance and risk management, asset recovery, and a wide range of legal finance and advisory activities. Burford's equity and debt securities are publicly traded on the
For more information about Burford, visit www.burfordcapital.com
Notes to Editors:
ABOUT THE BONDS
1. The Bonds may not be suitable for all investors. Investors should ensure that they fully understand the risks and seek independent advice.
2. Investors should note that the market price of the Bonds can rise and fall during the life of the investment and that the price of Bonds could fall below the issue price of
3. In the event that either Burford or any of its direct or indirect subsidiaries defaults, becomes insolvent or goes out of business, investors may lose some or all of their investment.
4.
5. The Bonds will rank pari passu with the Existing Bonds.
IMPORTANT INFORMATION
This announcement is an advertisement and is not a prospectus for the purposes of EU Directive 2003/71/EC, as amended (the "Directive"), and/or Part VI of the
The restriction on financial promotions contained in section 21(1) of the
The offering and the distribution of this announcement and other information in connection with any offer in certain jurisdictions may be restricted by law and persons into whose possession this announcement or any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase. Any purchase of Bonds pursuant to any offer should only be made on the basis of the information contained in the Prospectus, available as described above.
The Bonds have not been and will not be registered under the US Securities Act of 1933, as amended, (the "Securities Act") and, subject to certain exceptions, may not be offered, sold or delivered within the United States or to, or for the account or benefit of U.S. persons. The Bonds are being offered and sold outside of the United States in reliance on Regulation S of the Securities Act, and are subject to certain U.S. tax law requirements. There will be no public offering in the United States.
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