Fairfax Completes C$650 Million Senior Notes Offering

Core Viewpoint - Fairfax Financial Holdings Limited has successfully completed an offering of C$400 million in 4.40% Senior Notes due 2036 and C$250 million in 5.10% Senior Notes due 2055, totaling C$550 million in outstanding notes of this series [1][2]. Group 1: Offering Details - 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 [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].