Fairfax completes €150 million re-opening of 2.75% senior notes
On May 18, 2018, Fairfax Financial Holdings Limited ("Fairfax") completed its previously announced offering of an additional €150 million of its 2.75% senior notes due 2028. Together with the previously issued €600 million aggregate principal amount of notes of this series, there is €750 million aggregate principal amount of notes of this series outstanding.
Fairfax intends to use the net proceeds from this offering to refinance or repay outstanding debt or other corporate obligations of Fairfax and its subsidiaries and for general corporate purposes.
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
Further information can be found on Fairfax's website.