Loan & DebtJun 17, 2026, 06:01 AM
Fairfax Launches C$300M Senior Notes Offering
AI Summary
Fairfax Financial Holdings Limited announced an offering of an additional C$300 million aggregate principal amount of its 4.40% Senior Notes due 2036. The notes will be priced at C$98.991 per C$100 principal amount and will form part of the same series as existing notes. Proceeds are intended for general corporate purposes, including debt refinancing or potential acquisitions. The offering is expected to close around June 19, 2026.
Key Highlights
- Fairfax to offer C$300 million aggregate principal amount of Senior Notes.
- Senior Notes due 2036 with a fixed interest rate of 4.40% per annum.
- Notes priced at C$98.991 per C$100 principal amount, plus accrued interest.
- Proceeds for general corporate purposes, including refinancing or acquisitions.
- Offering expected to close on or about June 19, 2026.
- Notes will form part of the same series as existing C$400 million 4.40% senior notes due 2036.
Price Impact
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