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Fairfax Financial Holdings Ltd (FFH.TO)

FFH.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fairfax Announces Pricing Of Offering Of Senior Notes
Thursday, 22 Mar 2018 

March 22 (Reuters) - Fairfax Financial Holdings Ltd ::FAIRFAX ANNOUNCES PRICING OF OFFERING OF SENIOR NOTES.FAIRFAX FINANCIAL HOLDINGS LTD - PRICED PRIVATE OFFERING OF EUR 600 MILLION OF FAIRFAX'S SENIOR NOTES DUE 2028 AT AN ISSUE PRICE OF 98.791%.  Full Article

Seaspan Acquires Greater China Intermodal Investments Llc
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Carlyle Group Lp ::SEASPAN ACQUIRES GREATER CHINA INTERMODAL INVESTMENTS LLC.SEASPAN CORP - TRANSACTION SIGNIFICANTLY ACCRETIVE TO SEASPAN'S EARNINGS PER SHARE.SEASPAN - DEAL FOR IMPLIED ENTERPRISE VALUE OF GCI IS ABOUT $1.6 BILLION.SEASPAN - ACQUIRED REMAINING 89% CO DID NOT OWN OF GREATER CHINA INTERMODAL INVESTMENTS LLC FROM AFFILIATES OF CARLYLE GROUP & MINORITY OWNERS OF GCI.SEASPAN-FAIRFAX FINANCIAL TO INVEST ADDITIONAL $250 MILLION IN 5.5% DEBENTURES AND WARRANTS, INCREASING TOTAL FAIRFAX INVESTMENT IN SEASPAN TO $500 MILLION.SEASPAN - DEAL CONSIDERATION TO SELLING SHAREHOLDERS WILL BE CASH OF ABOUT $330 MILLION & $50 MILLION ISSUANCE OF CO'S SERIES D PREFERRED SHARES.SEASPAN - FINANCED DEAL CASH CONSIDERATION WITH CASH FROM BALANCE SHEET & $16 MILLION REINVESTMENT BY WASHINGTON FAMILY IN CO'S COMMON EQUITY.SEASPAN - IMPLIED ENTERPRISE VALUE OF GCI INCLUDES ASSUMED THIRD PARTY NET DEBT OF ABOUT $1.0 BILLION & $140 MILLION OF FUTURE VESSEL PAYMENTS.SEASPAN - GCI'S CURRENT FLEET WILL ADD ABOUT $1.3 BILLION TO CO'S CONTRACTED FUTURE REVS, INCREASING CO'S TOTAL CONTRACTED FUTURE REVS TO ABOUT $5.6 BILLION.  Full Article

Fairfax Financial Reports Q4 ‍Net Earnings Per Share $ 30.87​
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - Fairfax Financial Holdings Ltd ::FINANCIAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2017.QTRLY ‍NET EARNINGS PER SHARE $ 30.87​.QTRLY GROSS PREMIUMS WRITTEN $‍3,349.7​ MILLION VERSUS $2,244.1 MILLION.QTRLY NET PREMIUMS WRITTEN $‍2,715.4​ MILLION VERSUS $ 1,954.6 MILLION.Q4 EARNINGS PER SHARE VIEW $31.20 -- THOMSON REUTERS I/B/E/S.‍BOOK VALUE PER BASIC SHARE AT DECEMBER 31, 2017 WAS $449.55 COMPARED TO $367.40 AT DECEMBER 31, 2016​.  Full Article

Fairfax To Acquire Certain Canadian Assets Of Carillion
Monday, 5 Feb 2018 

Feb 5 (Reuters) - Fairfax Financial Holdings Ltd ::FAIRFAX TO ACQUIRE CERTAIN CANADIAN ASSETS OF CARILLION.FAIRFAX FINANCIAL HOLDINGS - FAIRFAX WILL ACQUIRE CERTAIN ASSETS AND ASSUME CERTAIN LIABILITIES RELATED TO CARILLION CANADA HOLDINGS'S CANADIAN OPERATIONS.FAIRFAX FINANCIAL - TO ACQUIRE SERVICES BUSINESS CARRIED ON BY CARILLION IN CANADA RELATING TO FACILITIES MANAGEMENT OF AIRPORTS, AMONG OTHERS.FAIRFAX FINANCIAL HOLDINGS - ‍INTENDS TO APPOINT DAVID JOHNSTON, STEPHEN WALLACE TO BOARD OF ACQUIRED CANADIAN COMPANIES UPON CLOSING OF TRANSACTION​.  Full Article

Seaspan Says Fairfax Financial To Invest In Co For Issuance Of 5.5% Interest Bearing Unsecured Debentures, Share Purchase Warrants
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Seaspan Corp ::SEASPAN ANNOUNCES LETTER OF INTENT FOR POTENTIAL $250 MILLION UNSECURED 5.50% DEBENTURE AND WARRANT INVESTMENT FROM FAIRFAX FINANCIAL HOLDINGS LIMITED.SEASPAN - FAIRFAX FINANCIAL TO INVEST IN CO FOR ISSUANCE OF 5.5% INTEREST BEARING UNSECURED DEBENTURES, CLASS A SHARE PURCHASE WARRANTS.SEASPAN - INTENDS TO USE PROCEEDS FROM $250 MILLION INVESTMENT TO FUND FUTURE GROWTH INITIATIVES, DEBT REPAYMENT.SEASPAN - FAIRFAX MAY NOMINATE 1 INDEPENDENT DIRECTOR TO CO'S BOARD IF LESS THAN 50%, BUT OVER 20%, OF DEBENTURES REMAIN OUTSTANDING.SEASPAN-‍FAIRFAX WILL HAVE RIGHT TO NOMINATE TWO INDEPENDENT DIRECTORS TO BOARD OF DIRECTORS OF CO FOR SO LONG AS 50% OF DEBENTURES REMAIN OUTSTANDING​.  Full Article

Fairfax Announces Early Redemption Of Notes Due Aug 19, 2019
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Fairfax Financial Holdings Ltd ::FAIRFAX ANNOUNCES EARLY REDEMPTION OF NOTES DUE AUGUST 19, 2019.FAIRFAX FINANCIAL HOLDINGS LTD - REDEEMING ALL OF ITS OUTSTANDING 7.5% SENIOR NOTES DUE AUGUST 19, 2019.FAIRFAX FINANCIAL HOLDINGS LTD - REDEEMING AT A PRICE OF 108.161% OF PRINCIPAL AMOUNT OF NOTES PLUS ACCRUED AND UNPAID INTEREST, IF ANY.  Full Article

Fairfax Launches C$650 Million Senior Notes Offering
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Fairfax Financial Holdings Ltd ::FAIRFAX LAUNCHES C$650 MILLION SENIOR NOTES OFFERING.SAYS ‍INTENDS TO OFFER C$650 MILLION IN AMOUNT OF SENIOR NOTES DUE 2027 TO BE PRICED AT $99.992 PER $100 PRINCIPAL AMOUNT​.SAYS ‍SENIOR NOTES WILL BE UNSECURED OBLIGATIONS OF FAIRFAX AND WILL PAY A FIXED RATE OF INTEREST OF 4.25% PER ANNUM​.SAYS TO USE PROCEEDS TO REFINANCE OR REPAY OUTSTANDING DEBT OR OTHER CORPORATE OBLIGATIONS OF FAIRFAX AND ITS SUBSIDIARIES​.  Full Article

Fairfax announces acquisition of shares of Torstar
Friday, 10 Nov 2017 

Nov 9 (Reuters) - Fairfax Financial Holdings Ltd :‍Acquired 9.44 million class B non-voting shares of Torstar Corp at price of $1.25 per class B share​.Fairfax announces acquisition of shares of Torstar.  Full Article

Fairfax financial Q3 earnings per share $16.42
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Fairfax Financial Holdings Ltd : :Fairfax Financial Holdings Limited: third quarter financial results.Q3 earnings per share $16.42.Q3 earnings per share view $19.00 -- Thomson Reuters I/B/E/S.Fairfax Financial Holdings Ltd qtrly ‍net investment gains of $1,100.5 million versus net investment losses of $199.5 million in Q3 2016.  Full Article

Fairfax Financial Q3 earnings per share $16.42
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Fairfax Financial Holdings Ltd : :Fairfax Financial Holdings Limited: third quarter financial results.Q3 earnings per share $16.42.Q3 earnings per share view $19.00 -- Thomson Reuters I/B/E/S.Fairfax Financial Holdings Ltd - qtrly ‍net premiums written $2,779.2 million versus $1,965.3​ million.Fairfax Financial Holdings Ltd says ‍share of catastrophe losses from Harvey, Irma and Maria amounted to $960 million​.Fairfax Financial Holdings Ltd - qtrly gross premiums written $3,477.0‍​ million versus $2,326.0 million.  Full Article