Fairfax completes C$700 million senior notes offering
On August 14, 2025, Fairfax Financial Holdings Limited (“Fairfax”) completed its previously announced offering of
- C$400 million in aggregate principal amount of 4.45% senior notes due 2035; and
- C$300 million in aggregate principal amount of 5.10% senior notes due 2055.
The notes were offered through a syndicate of dealers led by National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Inc. and TD Securities Inc., as joint bookrunners, and included BMO Nesbitt Burns Inc., CIBC World Markets Inc., Merrill Lynch Canada 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.
The net proceeds from the offering will be used 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.