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Fairfax renews shelf prospectus, paving way for unlimited securities issuance

EditorPollock Mondal
Published 2023-10-12, 06:20 a/m
© Reuters.

Toronto-based holding company, Fairfax Financial (TSX:FFH) Holdings (OTC:FRFHF) Limited (TSX: FFH and FFH.U), has renewed its short form base shelf prospectus, permitting an unlimited issuance of securities over a 25-month period. The announcement was made on Wednesday.

The renewal allows Fairfax to propose an unlimited number of debt, equity or other securities. The company's Vice-President and Corporate Secretary, Eric Salsberg, is responsible for providing the short form base shelf prospectus related to this renewal.

In the event that Fairfax decides to offer any securities during this period, a detailed prospectus supplement outlining the specific terms will be issued by John Varnell, the company's Vice-President of Corporate Development.

It's important to note that this announcement does not represent a direct offer to sell or solicit an offer to buy securities. Fairfax's primary operations involve property and casualty insurance, reinsurance, and investment management.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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