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BRIEF-Fairfax Launches C$650 Million Senior Notes Offering
November 28, 2017 / 11:33 PM / 12 days ago

BRIEF-Fairfax Launches C$650 Million Senior Notes Offering

Nov 28 (Reuters) - Fairfax Financial Holdings Ltd:

* FAIRFAX LAUNCHES C$650 MILLION SENIOR NOTES OFFERING

* SAYS ‍INTENDS TO OFFER C$650 MILLION IN AMOUNT OF SENIOR NOTES DUE 2027 TO BE PRICED AT $99.992 PER $100 PRINCIPAL AMOUNT​

* SAYS ‍SENIOR NOTES WILL BE UNSECURED OBLIGATIONS OF FAIRFAX AND WILL PAY A FIXED RATE OF INTEREST OF 4.25% PER ANNUM​

* SAYS TO USE PROCEEDS TO REFINANCE OR REPAY OUTSTANDING DEBT OR OTHER CORPORATE OBLIGATIONS OF FAIRFAX AND ITS SUBSIDIARIES​ Source text for Eikon: Further company coverage:

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