Fairfax Financial Holdings Completes Offering
Stock quotes in this article:
FFH
NEW YORK (AP) — Fairfax Financial Holdings Ltd. on Tuesday said it completed an offering of 400 million Canadian dollars ($361.7 million) in 7.5 percent senior notes, due Aug. 19, 2019.
Proceeds from the offering — around $394.9 million Canadian dollars ($358.1 million) — were offered through dealers led by BMO Capital Markets. The company said proceeds will be used to pay down debt and for general corporate purposes. The stock declined $1.89 to $332.49 in midday trading.- Loading Comments...
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