The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Fairfax Announces Early Redemption of Notes Due 2017

Friday, February 08, 2013

Fairfax Announces Early Redemption of Notes Due 201714:04 EST Friday, February 08, 2013TORONTO, ONTARIO--(Marketwire - Feb. 8, 2013) -(Note: All dollar amounts in this press release are expressed in US dollars.)Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) announces that on March 11, 2013, it is redeeming all of its 7.75% Senior Notes due 2017 (the "Notes") at a redemption price of 103.875% of the principal amount of the Notes plus accrued and unpaid interest, if any. There is approximately $36 million principal amount of Notes currently outstanding. Questions on the redemption may be directed to The Bank of New York Mellon, as paying agent, to Lesley Daley, Senior Associate-Relationship Manager, International Corporate Trust, 101 Barclay Street, 4E, New York, N.Y. 10286, Telephone: (212) 815-2719, Fax: (212) 815-5366.Fairfax is a financial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. FOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: Fairfax Financial Holdings LimitedJohn VarnellVice President, Corporate Development(416) 367-4941Media ContactFairfax Financial Holdings LimitedPaul RivettVice President, Operations(416) 367-4941