TSX:FFHInsurance
Fairfax Financial Holdings (TSX:FFH) Valuation: Gauging Value After $700 Million Debt Financing and Strategic Cash Moves
If you are following Fairfax Financial Holdings (TSX:FFH), this week’s completion of a CAD 700 million debt financing could catch your attention. Fairfax just wrapped up two sizable issuances: CAD 400 million of 4.45% Senior Notes due 2035, and CAD 300 million of 5.10% Senior Notes due 2055. Management is keeping its options open for how to deploy the proceeds, mentioning uses like refinancing existing obligations, pursuing acquisitions or investments, or simply strengthening the cash...