A.M. Best Assigns Issue Credit Rating to Fairfax Financial Holdings Limited’s Forthcoming Senior Unsecured Notes

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has assigned a Long-Term Issue Credit Rating of “bbb” to Fairfax Financial Holdings Limited’s (Fairfax) (Toronto, Canada) [TSX:FFH and FFH.U] recently announced CAD 450 million in aggregate principal amount of senior unsecured notes due 2026. The senior unsecured notes will be obligations of Fairfax and pay an annual fixed interest rate of 4.70%. The outlook assigned to the Credit Rating (rating) is stable. Following the senior notes issue, financial le