Fairfax completes C$650 million senior notes offering
On February 27, 2026, Fairfax Financial Holdings Limited (“Fairfax”) completed its previously announced offering of:
- C$400 million in aggregate principal amount of 4.40% senior notes due 2036, priced at C$99.968 per C$100 principal amount; and
- C$250 million in aggregate principal amount of 5.10% senior notes due 2055, priced at C$99.485 per C$100 principal amount, plus accrued interest.
The senior notes were offered through a syndicate of dealers led by BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc. and Scotia Capital Inc., as joint bookrunners, and including Merrill Lynch Canada Inc., National Bank Financial Inc., TD Securities Inc., Citigroup Global Markets Canada Inc., Desjardins Securities Inc., J.P. Morgan Securities Canada Inc., Mizuho Securities Canada Inc. and Morgan Stanley Canada Limited, as agents.
Net proceed from the offering will be used by Fairfax to refinance, repay or redeem outstanding debt, equity or other corporate obligations of Fairfax and its subsidiaries, to pursue potential acquisition or investment opportunities and for general corporate purposes.
Further information can be found on Globe Newswire’s website.
Fairfax is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.