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BURFORD CAPITAL ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR SECURED NOTES
Source: PR Newswire
Credit & Bond MarketsCompany FundamentalsLegal & Litigation
Burford Capital priced a private offering of $300 million in 8.000% senior secured notes. The financing adds secured debt capital for the litigation-finance and law-focused asset manager, though the announced 8.0% coupon reflects a meaningful cost of borrowing.
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