Press Release Details
Fairfax Announces Early Redemption of Notes due June 22, 2020
TORONTO, March 29, 2018 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH) (TSX:FFH.U) announces that, on April 30, 2018, it is redeeming all of its outstanding 7.25% Senior Notes due June 22, 2020 (the “Notes”) at a redemption price of 109.101% of the principal amount of the Notes plus accrued and unpaid interest, if any. There is approximately C$267.3 million principal amount of Notes currently outstanding.
Questions on the redemption may be directed to BNY Trust Company of Canada, as Canadian Trustee, as follows:
BNY Trust Company of Canada
1 York Street, 6th Floor
Toronto, ON M5J 0B6
Direct Dial: (416) 933-8500 | Facsimile: (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