Fairfax Completes C$700 Million Senior Notes Offering

Core Viewpoint - Fairfax Financial Holdings Limited has successfully completed an offering of C$400 million in 4.45% Senior Notes due 2035 and C$300 million in 5.10% Senior Notes due 2055, totaling C$700 million in Senior Notes [1][2]. Group 1: Offering Details - The Senior 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 [2]. - The Senior Notes are unsecured obligations of Fairfax [2]. Group 2: Use of Proceeds - Fairfax intends to use the net proceeds from the offering to refinance, repay, or redeem outstanding debt, equity, or other corporate obligations, pursue potential acquisition or investment opportunities, and for general corporate purposes [3]. - Specific determinations regarding the debt, equity, or corporate obligations to be repaid or redeemed have not yet been made, nor have decisions been made regarding specific acquisitions or investments [3]. Group 3: Company Overview - Fairfax is a holding company primarily engaged in property and casualty insurance and reinsurance, along with associated investment management [5].