Burford Capital  6.5% 19 Aug 2022

Description Bond Information Company Information Capital Structure Key Financials Reports News & Stories

Business Description

Burford Capital offers financing to lawyers and other clients engaged in litigation, arbitration, asset recovery and other legal finance and advisory activities. Burford was founded in 2009 and now operates worldwide with principal offices in New York, London and Chicago. The company is listed on the AIM, a sub market of the London Stock Exchange.

Bond Information

Coupon

6.5%

Maturity Date

19 Aug 2022

Next Interest Payment

19 Feb 2020

Interest Period

6 months

ISIN

XS1088905093

Asset Security

Unsecured

Amount

£90,000,000

Status

Payments on time

Company Information

Company Legal Name

Burford Capital Limited

Year of Incorporation

2009

Ownership Status

Public

Registered Location

UK

Industry

Banks & Financials

* Current Yield and Yield to Maturity are on estimated return calculations and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Capital Structure

Senior Debt

11%

Equity

89%

Cash

-1.2%

Senior Notes (combined)

6.2%

Content Liabilities

12.0%

Net Debt

17.0%

Equity

83.0%

Enterprise Value

100.0%

EDITDA

£883,000,000

Cash interest

£226,400,000

Type $m x EBITDA* % of capitalisation* Maturity* Coupon* EBITDA/Interest*
Cash na na na na na na
£90m Senior Unsecured Bonds na na na na na na
£100m Senior Unsecured Bonds na na na na na na
£175m Senior Unsecured Bonds na na na na na na
$180m Senior Unsecured Bonds na na na na na na
Net Debt na na na na na na
Market Cap na na na na na na
Enterprise Value na na na na na na
             
EBITDA na          
Cash interest na          

Source: Public Company Information

* An asterisk next to an item indicates there is additional information available if you hover over it. You can also find a definition of the terms used on this page in our Glossary here

Management statement (below) as at 08.08.19

Based on Bloomberg Market Cap as of 19.08.2019. Converted into USD at 1 GBP =1.214 USD

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Key Financials ($m) 2015A 2016A 2017A 2018A 6m 2018 6m 2019
n/a n/a n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a n/a n/a

Source: Public Company information

£103.75

Market Price

Reports & Information

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

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