Burford Capital Limited (BUR) recently completed a $500 million debt offering, strengthening its financial position. With high investor demand, the company secured a favorable interest rate of 7.50% on an eight-year period. This capital raise allows BUR to repay maturing bonds and pursue its corporate goals. As a global finance and asset management firm, BUR specializes in litigation finance and legal risk management solutions. While BUR is considered undervalued, some AI stocks may offer greater potential. For more insights on undervalued stocks, check out our free report on the best short-term AI stock.
Read more at Yahoo Finance: Burford Capital Limited (BUR) Completes $500 Million Debt Offering