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Fairfax prices $750M senior notes offering

Created at 3 Jun · 10:15 PM2 sources↑ Market-relevant2 events
IN SHORT

Fairfax Financial is targeting US$750 million through senior debt, priced at a 6.20% yield, to fund general corporate purposes. The notes will mature in 2034.

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Key Numbers

$750 millionsenior notes offering size
2034notes maturity year
6.20%yield on senior notes

Who's Involved

Fairfax Financial
company pricing senior notes offering

↳ Why This Matters

Fairfax's debt issuance provides capital for its general corporate purposes, impacting its leverage and financial flexibility.

Key facts

  • Fairfax priced a $750 million offering of senior notes.
  • The notes will mature in 2034.
  • The debt is priced at a 6.20% yield.
  • The company will use the funds for general corporate purposes.

Fairfax Financial is targeting US$750 million through senior debt, which is priced at a 6.20% yield. The company is issuing this debt to fund its general corporate purposes. The notes are scheduled to mature in 2034.

Frequently asked questions

Fairfax Financial priced a US$750 million offering of senior debt.

The senior notes are priced at a 6.20% yield.

The senior notes will mature in 2034.

The funds will be used for Fairfax Financial's general corporate purposes.

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How It Developed

4 Jun · 9:15 AM
Fairfax Financial priced $750M in senior notes at a 6.20% yield to fund general corporate purposes.
Seeking Alpha via PiQSuite
3 Jun · 9:56 PM
Fairfax priced a $750 million offering of senior notes maturing in 2034.
Seeking Alpha via PiQSuite

Sources

T1
Fairfax prices $750M senior notes offeringm.piqsuite.com
T1
Fairfax Financial targets US$750M via senior debt pricing at 6.20% yieldm.piqsuite.com

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