Burford Capital (GB:BUR) has released an update.
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Burford Capital Finance LLC has repurchased and canceled over $44 million of its 6.125% dollar-denominated bonds due in 2025, reducing the outstanding amount to approximately $135 million. This strategic move reflects Burford’s proactive management of its debt profile and could influence its financial stability and investor sentiment. Burford Capital remains a prominent figure in global finance, particularly in litigation finance and asset management.
For further insights into GB:BUR stock, check out TipRanks’ Stock Analysis page.
