Fairfax Financial calls all C$348.56 million 4.95% notes due 2025

By Wendy Van Sickle

Columbus, Ohio, Feb. 14 – Fairfax Financial Holdings Ltd. announced that wholly owned subsidiary Fairfax (US) Inc. will redeem all of its outstanding 4.95% senior notes due March 3, 2025 on March 15.

The redemption price will be par plus accrued interest, according to a news release.

There is C$348,564,000 principal amount of the notes currently outstanding.

BNY Trust Co. of Canada is the trustee.

Fairfax is a Toronto-based holding company. Its subsidiaries are primarily engaged in property and casualty insurance and reinsurance and associated investment management.

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