Fairfax Financial Holdings Completes $650 Million Senior Notes Offering

BY MT Newswires | CORPORATE | 02/27/26 08:52 AM EST

08:52 AM EST, 02/27/2026 (MT Newswires) -- Fairfax Financial Holdings (FRFHF) Friday said its has completed its $650 million senior notes offering.

The company completed an offering of $400 million of 4.40% notes due 2036 and an additional $250 million of 5.10% notes due 2055. Fairfax had previously issued $300 million of 5.10% notes due 2055.

Proceeds will be used to pay down debt or to pursue potential acquisition or investment opportunities.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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