Loan & DebtJun 4, 2026, 06:06 AM
Fairfax Prices US$750M Senior Notes Offering Due 2056 at 6.200%
AI Summary
Fairfax Financial Holdings Limited announced the pricing of a private offering of US$750 million in senior notes due 2056. The notes will be unsecured senior obligations with a fixed interest rate of 6.200% per annum and an issue price of 100%. Fairfax intends to use the net proceeds for general corporate purposes, with the offering expected to close around June 8, 2026.
Key Highlights
- Fairfax priced a private offering of US$750,000,000 in senior notes.
- The senior notes are due in 2056.
- The notes will pay a fixed interest rate of 6.200% per annum.
- The issue price for the notes is 100%.
- Net proceeds will be used for general corporate purposes.
- The offering is expected to close on or about June 8, 2026.
Price Impact
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