Fairfax Financial Holdings Ltd (TSE:FFH) has released an update.
Fairfax Financial Holdings Ltd has successfully finalized a $1 billion senior notes offering at 6.350% due 2054, with plans to allocate the proceeds for general corporate purposes. The notes, available through a private placement, are not registered under the U.S. Securities Act and are subject to restrictions on sale in certain jurisdictions. Fairfax, primarily involved in property and casualty insurance and reinsurance, along with investment management, continues to strengthen its financial positioning with this move.
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