Please see below for details on the latest new issue available through Disnat.
| Bought Deal Offering of Cumulative 5-Year Rate Reset Preferred Shares, Series G |
| Limited quantities |
»»FAIRFAX FINANCIAL HOLDINGS LTD (FFH)
$200,000,000
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Additional Information
| Offering Price: |
$25.00 per Series G Preferred Shares.
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| Minimum Purchase: |
100 Preferred Shares.
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| Initial Dividend Rate: |
Dividend of 5.00% annually, paid quarterly for the Initial Fixed Rate Period ending on September 30, 2015.
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| Subsequent Fixed Rate Dividend: |
For every five-year after the initial Fixed Rate Period, the new rate will be equal to the 5-Year Government of Canada Bond Yield plus 2.56 %.
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| Redemption for cash: |
Redeemable at the option of Fairfax Financial Holdings Ltd.:
on September 30, 2015 at $25.00 per Series G Preferred Share and on September 30 every five years thereafter.
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| Conversion Option: |
Holders of Series G Preferred Share will have the right to convert every five years their Shares into Cumulative Floating Rate Preferred Shares Series H. Holders of the Series H Preferred Shares will receive a Floating Quarterly Dividend equal to the 90-day Canadian Treasury Bill Rate plus 2.56 %.
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| RRSP & TFSA Eligibility: |
Yes
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| Provisional Ratings: |
DBRS: Pfd-3 (low), S&P: P-3.
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| Settlement Date: |
On or about July 28, 2010.
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| Prospectus: |
For more information please refer to the prospectus at www.sedar.com.
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| Other new issues currently available through Disnat |
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For additional information, contact us at 1 866 873-7103 or by email at ipo@disnat.com. Please include a return email address and a telephone number where you can be reached.
For security reasons, purchase orders cannot be accepted via e-mail.
To place an expression of interest for one of these issues, please contact us by phone.
