THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW OF THE UNITED KINGDOM BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED
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Burford Capital Finance LLC, a subsidiary of Burford Capital Limited, has purchased $57.2 million of its 6.125% US-dollar-denominated bonds due August 2025 in open market transactions.
March 17, 2025 | 11:15 am
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Burford Capital Finance LLC has repurchased $57.2 million of its 2025 bonds, potentially improving its financial flexibility and reducing future interest obligations.
The repurchase of bonds can be seen as a positive move, indicating that the company is managing its debt effectively. This action reduces the company's future interest obligations and may improve its financial flexibility, which is generally viewed favorably by investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80