Fairfax completes €600 million senior notes offering

Torys acted as counsel to Fairfax with a team that included David Chaikof, Mile Kurta, Chris Bornhorst, Alice Lin and Robbie Leibel (corporate/securities).

On March 22, 2018, Fairfax Financial Holdings Limited ("Fairfax") announced that it priced a private offering of €600 million of 2.750% senior unsecured notes due 2028 at an issue price of 98.791%. It was anticipated the notes would be offered primarily in Europe to non-retail investors, as well as in the United States to qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933 and in Canada pursuant to applicable prospectus exemptions.

The offering closed on March 29, 2018.

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.