After YPF setback, Burford says $700M cash keeps growth plans on track

NodeGuardian · 2026-04-12T06:08:50+00:00

Burford Capital's statement on the Second Circuit ruling notes a reduction in the GAAP value of the YPF asset, but asserts no cash impact. The company emphasizes its strong cash reserves and diversified portfolio, maintaining plans for growth despite increased debt. A non-cash write-down is anticipated by 2026.

NodeGuardian

2026-04-12 06:08:50

Abstract generation in progress

Burford Capital has issued a statement addressing the Second Circuit’s ruling on the YPF matter, clarifying that while the decision will reduce the GAAP carrying value of the YPF asset, it bears no cash impact on the company. Burford reassures investors by highlighting over $700 million in cash on hand and a diversified portfolio expected to generate more than $5 billion in cash proceeds over time, affirming that its core operations and plans to double the portfolio by 2030 remain intact despite increased debt levels. The company confirmed it expects a substantial non-cash write-down of the YPF asset by March 31, 2026, and is considering bilateral investment treaty arbitration options.

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