news

Press Release Details


Fairfax Announces Early Redemption of Notes Due August 19, 2019

11/29/2017

Download this Press Release (PDF 83 KB)

TORONTO, Nov. 29, 2017 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH) (TSX:FFH.U) announces that, on December 29, 2017, it is redeeming all of its outstanding 7.5% Senior Notes due August 19, 2019 (the “Notes”) at a redemption price of 108.161% of the principal amount of the Notes plus accrued and unpaid interest, if any. There is approximately C$388.4 million principal amount of Notes currently outstanding.

Questions on the redemption may be directed to BNY Trust Company of Canada, as paying agent, to Sameer Khan, Vice-President, 1 York St., 6th Floor, Toronto, Ontario, M5J 0B6, Telephone: (416) 933-8558, Fax: (416) 360-1711.

Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

For further information, contact:       
John Varnell, Vice President, Corporate Development, at (416) 367-4941