Fairfax Announces Early Redemption of Allied World Notes Due November 15, 2020
(All dollar amounts in this announcement are expressed in U.S. dollars)
TORONTO, April 05, 2018 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited ("Fairfax") (TSX:FFH) (TSX:FFH.U) announces that, on May 7, 2018, its subsidiary, Allied World Assurance Company Holdings, Ltd, is redeeming all of its outstanding 5.50% Senior Notes due November 15, 2020 (the "Notes") at a redemption price based on the value of the remaining scheduled payments on the Notes to be calculated on May 2, 2018, plus accrued and unpaid interest, if any. There is $300 million principal amount of Notes currently outstanding.
Questions on the redemption may be directed to The Bank of New York Mellon, as Trustee, as follows:
The Bank of New York Mellon Corporate Trust 500 Ross Street, 12th Floor Pittsburgh, PA 15262 Attention: Michael Flickinger Direct Dial: (412) 236-1714 | Facsimile: (412) 234-8377
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
For further information, contact:
John Varnell, Vice President, Corporate Development, at
Having consistently outperformed its targets and strategic goals, MYTILINEOS Energy & Metals ("MYTILINEOS") has initiated a review and evaluation of its strategic options, in consultation with its financial, legal and tax...
Swedish Orphan Biovitrum AB (publ) (Sobi®) today announced its report for the first quarter 2024
First Quarter 2024
Total revenue increased 19 per cent, 20 per cent at constant exchange rates, (CER)1, to SEK 6,256 M (5,239)Haematology revenue...
Galantas Gold Corporation (the ?Company') is pleased to announce its audited annual financial results for the year ended December 31, 2023. A copy of the Financial Statements and Management Discussion and Analysis will be sent to shareholders in due...
Indivior PLC (LSE/Nasdaq: INDV) today announced its financial results for the period ending March 31, 2024. The earnings release, investor presentation and webcast are available at www.indivior.com.
The earnings release can be found at...
ICEYE, a global leader in satellite-powered disaster management solutions, has announced a new data collaboration with Juniper Re, LLC ("Juniper Re"), the dynamic reinsurance broking arm and indirect subsidiary of BRP Group, Inc. .
Juniper Re will...
