Loan & DebtJun 8, 2026, 05:16 PM
Fairfax Financial Completes $750M Senior Notes Offering
AI Summary
Fairfax Financial Holdings Limited has completed a private offering of US$750,000,000 in aggregate principal amount of 6.200% senior notes due 2056. The net proceeds from this offering are intended for general corporate purposes. The offering was conducted through a private placement to qualified institutional buyers and certain non-U.S. persons. In conjunction with the closing, Fairfax entered into a customary registration rights agreement.
Key Highlights
- Fairfax Financial Holdings Limited completed a private offering of US$750,000,000 in aggregate principal amount of 6.200% senior notes due 2056.
- The notes were offered to qualified institutional buyers pursuant to Rule 144A and to certain non-U.S. persons in offshore transactions pursuant to Regulation S.
- Fairfax intends to use the net proceeds from the offering for general corporate purposes.
- A registration rights agreement was entered into in connection with the closing of the offering.
- The notes mature on June 8, 2056, and bear interest at a rate of 6.200% per annum, payable semi-annually.
Price Impact
More from FRFHF