Fairfax Financial Holdings Limited announced that it intends to offer $250 million in aggregate principal amount of a re-opening of 5.84% Senior Notes due 2022 at a price of $103.854 per $100 principal amount, plus accrued interest, for an effective yield to maturity of 5.326%. The original issuance of the Senior Notes was completed in October 2012. An aggregate of $450 million of such Senior Notes will be outstanding after giving effect to this offering.

The Senior Notes will be offered through a syndicate of dealers to be led by BMO Capital Markets, CIBC World Markets, RBC Capital Markets, Scotia Capital and Bank of America Merrill Lynch, that includes TD Securities, Cormark Securities, Citi Global Markets Canada Inc., GMP Securities, HSBC Securities, Canaccord Genuity Corp. and National Bank Financial. The Senior Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 5.84% per annum.