A.M. Best Assigns Issue Credit Rating to Fairfax Financial Holdings Limited

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb” to Fairfax Financial Holdings Limited’s (Fairfax) (Toronto, Canada) [TSX: FFH and FFH.U] recently announced CAD 650 million 4.25% aggregate principal amount of senior unsecured notes due 2027. The outlook assigned to the Credit Rating (rating) is stable. Following the senior notes issue, financial leverage and coverage measures, including consideration of liquid assets held at the hold