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Debt Co-Obligation

18 Jun 2025 07:00

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.

 

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