On November 22, 2024, Fairfax Financial Holdings Limited (Fairfax) announced the closing of its previously announced $700-million offering of senior notes, comprised of a $450-million aggregate principal amount of 4.73% senior notes due 2034 and C$250 million in aggregate principal amount of 5.23% senior notes due 2054 (the senior notes). The senior notes were offered through a syndicate of dealers led by BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc. and Scotia Capital Inc., as joint bookrunners, and included Merrill Lynch Canada Inc., National Bank Financial Inc., TD Securities Inc., Citigroup Global Markets Canada Inc., Desjardins Securities Inc., J.P. Morgan Securities Canada Inc. and Mizuho Securities Canada Inc. as agents.
Fairfax is a financial holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.
Osler, Hoskin & Harcourt LLP represented the syndicate of agents with a team consisting of Desmond Lee, Amelia Miao, William Heisey (Corporate) and Timothy Hughes and James Chang (Tax).
Key Contact
Partner, Corporate, Toronto
Team
Partner, Corporate, Toronto
Associate, Corporate, Toronto
Partner, Tax, Toronto
Associate, Tax, Toronto
