Core Viewpoint - Fairfax Financial Holdings Limited intends to offer C$400 million in Senior Notes due 2035 and C$300 million in Senior Notes due 2055, with fixed interest rates of 4.45% and 5.10% respectively, to refinance existing obligations and pursue investment opportunities [1][2]. Group 1: Offering Details - The total offering consists of C$400 million in 2035 Notes priced at C$99.824 per C$100 principal amount and C$300 million in 2055 Notes priced at C$99.619 per C$100 principal amount [1]. - The Senior Notes will be offered through a syndicate of dealers led by National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Inc., and TD Securities Inc. [1]. - The offering is expected to close on or about August 14, 2025, subject to customary conditions [2]. Group 2: Use of Proceeds - 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 [2]. - The proceeds may also be used for potential acquisitions or investments, including minority interests in subsidiaries, and for general corporate purposes [2]. - Specific determinations regarding the debt or equity to be repaid or the acquisitions to be pursued have not yet been made [2]. Group 3: Regulatory and Access Information - The Senior Notes will be offered in all provinces and territories of Canada under Fairfax's base shelf prospectus dated October 11, 2023 [3]. - Access to the shelf prospectus supplement and base shelf prospectus will be provided in accordance with Canadian securities legislation [3][4]. - Interested parties can obtain copies of the prospectus documents from the listed financial institutions [4].

TORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has priced a private offering of US$500,000,000 of senior notes due 2035 (the “2035 Notes”) at an issue price of 99.632% and US$400,000,000 of senior notes due 2055 (the “2055 Notes” and, together with the 2035 Notes, the “Notes”) at an issue price of 99.725%. The Notes will be unsecured senior obligations of Fairfax. The 2035 Notes will pay a fixed rate of interest of 5.750% per a ...