AM Best Assigns Issue Credit Rating to Fairfax Financial Holdings Limited's Senior Unsecured Notes
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AM Best has assigned a 'bbb+' credit rating with a positive outlook to Fairfax Financial Holdings Limited's new senior unsecured notes. The notes include CAD 450 million due in 2034 and CAD 250 million due in 2054.
November 22, 2024 | 8:30 pm
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AM Best has assigned a 'bbb+' credit rating with a positive outlook to Fairfax Financial Holdings Limited's new senior unsecured notes, indicating a stable financial position.
The 'bbb+' rating with a positive outlook suggests a stable financial position for Fairfax, which could positively influence investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80