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Fairfax Financial Secures $1B in Senior Notes
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Fairfax Financial Secures $1B in Senior Notes

Fairfax Financial Holdings Ltd (TSE:FFH) has released an update.

Fairfax Financial Holdings Ltd has successfully completed a $1 billion senior notes offering at 6.350% due in 2054, aimed at raising funds for general corporate purposes. The notes were offered to qualified institutional buyers and certain non-U.S. persons through private placement, adhering to U.S. securities laws. Fairfax is a company known for its focus on property and casualty insurance, reinsurance, and investment management.

For further insights into TSE:FFH stock, check out TipRanks’ Stock Analysis page.

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