From GlobeNewswire:

Fairfax Financial Holdings Limited has completed its offering of an additional US$200,000,000 of its 6.000% Senior Notes due December 7, 2033, adding to the US$400,000,000 already issued. The combined US$600,000,000 aggregate principal amount of notes will be used to repay outstanding debts and for general corporate purposes. The offering was made via private placement and the notes are not registered under the U.S. Securities Act. Further details are available through the company’s Vice President of Corporate Development, John Varnell.

Fairfax Financial Holdings Limited completed an offering of $200 million in senior notes and intends to use the proceeds to repay outstanding debts. The offering was conducted through a private placement, with the notes remaining unregistered under the U.S. Securities Act.

Forward-looking information and risks: The company is primarily engaged in property and casualty insurance and reinsurance. Fairfax intends to use the proceeds from the note offering to repay outstanding debts and for general corporate purposes. The company makes no assurances regarding the outcome of these forward-looking statements.



Read more: Fairfax Completes US$200,000,000 Re-Opening of 6.000%