Fairfax Financial Holdings sells C$200 mln notes-term sheet
Oct 10 (Reuters) - Fairfax Financial Holdings Ltd on Wednesday sold C$200 million ($204 million) of 10-year debt, according to a term sheet seen by Reuters.
The 5.84 percent notes, due Oct. 14, 2022, were priced at 99.963 to yield 5.845 percent, or 403.9 basis points over the Canadian government benchmark.
The investment dealer arm of Bank of Montreal was the bookrunning manager for the sale.
Trending On Reuters
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video