Moody’s gives Fairfax notes Baa2

Moody's Ratings said it assigned a Baa2 rating to $1 billion of 30-year senior unsecured notes to be issued by Fairfax Financial Holdings Ltd.

The rating is the same as those on Fairfax’s outstanding senior unsecured notes.

The company plans to use the proceeds for general corporate purposes. The outlook for Fairfax is unchanged at stable.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.