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Prospect News home > News index > List of issuers B > Headlines for Burford Capital Global Finance LLC > News item
Published on 6/20/2023 in the Prospect News High Yield Daily.

S&P assigns BB- to Burford notes

S&P said it assigned a BB- debt rating to Burford Capital Global Finance LLC's planned issuance of $400 million of senior unsecured notes due 2031. The issuer is a financing subsidiary of Burford Capital Ltd.

Burford Capital Global Finance’s other BB- ratings are unchanged.

The company intends to use the proceeds for general corporate purposes, including the potential repayment of debt.

The outlook is stable.


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