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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Fairfax Financial Holdings Limited | TSX:FFH | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
4.49 | 0.29% | 1,556.02 | 1,554.10 | 1,557.47 | 1,556.32 | 1,540.70 | 1,546.52 | 10,379 | 17:53:49 |
The Exchange Offer, previously scheduled to expire at 5:00 p.m., New York City time, on Tuesday, October 20, 2020, will now expire at 5:00 p.m., New York City time, on Friday, October 23, 2020, unless further extended. An aggregate principal amount of US$639,460,000, or 98.3785%, of the outstanding Old Notes was tendered in the Exchange Offer as of 5:00 p.m. on Tuesday, October 20, 2020.
Fairfax is extending the Exchange Offer to provide holders of any remaining Old Notes additional time to exchange their notes for Exchange Notes. Holders of the Old Notes that have already validly tendered and not validly withdrawn their Old Notes in the Exchange Offer do not need to re-tender their Old Notes or take any other action in response to the extension of the Exchange Offer.
Copies of the Exchange Offer prospectus and other related documents may be obtained from The Bank of New York Mellon, which is serving as the exchange agent for the Exchange Offer. The Bank of New York Mellon’s contact information is as follows:
BY HAND, MAIL OR OVERNIGHT COURIER: The Bank of New York Mellon Corporate Trust – Reorg 111 Sanders Creek Parkway East Syracuse, NY 13057 | |||||||||||||||||
For Information Call: (315) 414-3034 | BY FACSIMILE: (732) 667-9408 (for eligible institutions only) Attention: Tiffany Castor | Confirm Receipt of Facsimile by: Telephone: (315) 414-3034 |
This press release is for informational purposes only and is neither an offer to buy nor a solicitation of an offer to sell any Old Notes or Exchange Notes. The Exchange Offer is being made only pursuant to the Exchange Offer prospectus, which was distributed to holders of the Old Notes and has been filed with the United States Securities and Exchange Commission as part of Fairfax’s Registration Statement on Form F-10 (File No. 333-248597).
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.
For further information contact: John Varnell, Vice President, Corporate Development at (416) 367-4941
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