December 1, 2004 by Canadian Underwriter
Toronto-based Fairfax Financial Holdings (NYSE, TSX: FFH) is planning an offering of senior notes on the U.S. exchange. The company will offer US$150 million of its 7.75% senior notes due 2012, on condition of the closing of previously announced equity financing as well as a debt tender offer made earlier in November.
The most recent offering will go to the company’s continuing strategy of buying back its debt.
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