Fairfax Financial Holdings Limited is offering C$400 million of 4.40% senior notes due 2036 and C$250 million of 5.10% senior notes due 2055, for total aggregate principal of C$650 million and estimated net proceeds of approximately C$645.2 million. The 2036 notes are priced at C$999.68 per C$1,000; the 2055 notes at C$994.85 per C$1,000 plus accrued interest. The new 2055 notes are a fungible tap of Fairfax's existing C$300 million 5.10% 2055 series, bringing the combined outstanding principal to C$550 million. Net proceeds will be used to refinance or redeem existing debt and equity obligations, fund potential acquisitions or investments, and for general corporate purposes, without specific allocations determined at this time.

The notes are offered through a syndicate of agents led by BMO Nesbitt Burns, CIBC World Markets, RBC Dominion Securities and Scotia Capital, all of which are affiliates of banks in Fairfax's US$2.0 billion (approximately C$2.7 billion) unsecured revolving credit facility. Torys LLP advises Fairfax, while Osler, Hoskin & Harcourt LLP acts for the agents.