Fairfax Financial Holdings Ltd (TSE:FFH) has released an update.
Fairfax Financial Holdings Limited has announced a private offering of $1 billion in senior notes with a 6.350% interest rate, maturing in 2054. The company plans to use the funds for general corporate purposes and anticipates closing the deal by March 22, 2024. These unsecured notes are targeted at qualified institutional buyers and certain non-U.S. persons, with strict adherence to securities regulations.
For further insights into TSE:FFH stock, check out TipRanks’ Stock Analysis page.
