Financing ·
Fairfax launches C$650M senior notes offering with C$350M due 2037 and C$300M due 2056
FAXRFFairfax Financial Holdings Ltd/ Can
Fairfax Financial Holdings Limited announced the launch of a C$650 million senior notes offering. The transaction includes C$350 million in aggregate principal amount of Senior Notes due 2037 priced at C$99.977 per C$100, and C$300 million in Senior Notes due 2056 priced at C$99.328 per C$100. The 2037 Notes carry a fixed interest rate of 5.00% per annum, while the 2056 Notes bear a rate of 5.65%. Proceeds are intended to refinance or redeem outstanding debt and equity, pursue potential acquisitions or investments, and for general corporate purposes. The offering is expected to close on or about November 10, 2026.