Fairfax Financial Holdings Limited has completed an offering of C$400 million in 4.45% Senior Notes due 2035 and C$300 million in 5.10% Senior Notes due 2055. The notes were offered through a syndicate of dealers and are unsecured obligations of Fairfax. The net proceeds will be used for debt repayment, potential acquisitions, and general corporate purposes. Fairfax is primarily engaged in property and casualty insurance and reinsurance. Forward-looking statements indicate potential risks and uncertainties related to the use of proceeds and other factors affecting Fairfax’s performance. For more information, contact John Varnell at (416) 367-4941.

Read more at GlobeNewswire: Fairfax Completes C$700 Million Senior Notes Offering