Fairfax Announces Pricing of Senior Notes Offering

From GlobeNewswire: 2025-05-15 19:46:00

Fairfax Financial Holdings Limited has announced a private offering of $500,000,000 of senior notes due 2035 and $400,000,000 of senior notes due 2055 at fixed rates of 5.750% and 6.500% per annum respectively. The proceeds will be used for refinancing, acquisitions, or general corporate purposes, subject to market conditions. The offering is expected to close on May 20, 2025, and is available to qualified institutional buyers or non-U.S. persons. The Notes have not been registered in the U.S. or Canada. Fairfax is primarily engaged in property and casualty insurance and reinsurance. Contact John Varnell for further information.

Forward-looking statements included in the announcement highlight potential risks and uncertainties related to the offering and the company’s operations. Factors such as market variables, economic conditions, regulatory changes, and geopolitical events could impact Fairfax’s performance and results. Detailed risk factors are available in the company’s Annual Report and Base Shelf Prospectus. Fairfax does not intend to update or revise forward-looking statements unless required by applicable securities law.



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