REG - Brit Group Holdings - Debt Co-Obligation

Fairfax Financial HoldingsAnnouncement

18/06/2025 08:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250618:nRSR2738Na&default-theme=true

RNS Number : 2738N  Brit Group Holdings Limited  18 June 2025

18 June 2025

 

Cdn$450,000,000 4.73 PER CENT. SENIOR NOTES DUE 2034 (ISIN CA303901BT89)
ISSUED BY FAIRFAX FINANCIAL HOLDINGS LIMITED (the "2034 Notes") and

Cdn$250,000,000 5.23 PER CENT. SENIOR NOTES DUE 2054 (ISIN CA303901BS07)
ISSUED BY FAIRFAX FINANCIAL HOLDINGS LIMITED (together with the 2034 Notes,
the "Notes")

Notice is hereby given that Brit Group Holdings Limited has become a co-obligor in respect of the Notes and, with effect from 17 June 2025, is jointly and severally liable with Fairfax Financial Holdings Limited to repay the principal of, and pay interest on, the Notes.
Brit Group Holdings Limited was incorporated on 7 August 2024 and is a wholly owned subsidiary of Fairfax UK Holdings Limited. Brit Group Holdings Limited is the holding company for the Brit insurance businesses.

 

Enquiries

Daniel Dixon : +44 (0)20 3857 0000

Antony Usher : +44 (0)20 3857 0000

 

About Brit

Brit is a market-leading global specialty insurer and reinsurer, focused on
underwriting complex risks. It has a major presence in Lloyd's of London, the
world's specialist insurance market provider, with significant US and
international reach. Brit underwrites a broad class of commercial specialty
insurance with a strong focus on property, casualty and energy business. Its
capabilities are underpinned by robust financials. Brit is a subsidiary of
Fairfax Financial Holdings Limited.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCZZGMVMNGGKZZ