TSX:FFHInsurance
Does Fairfax's C$700 Million Bond Issue Signal a Shift in Capital Allocation Strategy for TSX:FFH?
Fairfax Financial Holdings Limited recently announced it will raise C$700 million through the issuance of senior unsecured notes, offering a 5.10% tranche due in 2055 and a 4.45% tranche due in 2035, with proceeds intended for refinancing, acquisitions, and general purposes.
This significant capital raising, coupled with strong recent earnings and active share buybacks, signals the company's focus on balance sheet flexibility and capital allocation.
We will explore how Fairfax's major bond...