Fairfax prices $750 million senior notes offering at 6.200% interest

Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announced the pricing of a private offering of $750 million in senior notes due 2056. The notes were priced at an issue price of 100% and will carry a fixed interest rate of 6.200% per annum.

The notes will be unsecured senior obligations of the company. Fairfax stated it plans to use the net proceeds for general corporate purposes and intends to enter into a registration rights agreement in connection with the offering.

The offering is expected to close on or about June 8, 2026, subject to customary closing conditions. The notes are being offered through a private placement to qualified institutional buyers under Rule 144A of the U.S. Securities Act or to non-U.S. persons in offshore transactions under Regulation S.

The notes have not been registered under the U.S. Securities Act and cannot be offered or sold in the United States without registration or an applicable exemption. The notes also have not been qualified for sale under Canadian securities laws and may not be offered directly or indirectly in Canada except under applicable prospectus exemptions.

Fairfax operates as a holding company primarily engaged in property and casualty insurance and reinsurance through its subsidiaries, along with associated investment management activities. The information was disclosed in a company press release statement.

You May Also Be Interested In

• Exclusive: National Vision’s CEO on why the market got post-Q1 selloff wrong
• Mingteng raises $2.96M via share offering and private placement
• Diana Shipping raises Genco bid to $27.34 per share