UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
| For the month of: June 2026 |
|
Commission File Number: 001-31556 |
FAIRFAX FINANCIAL
HOLDINGS LIMITED
(Name of Registrant)
95 Wellington Street West
Suite 800
Toronto, Ontario
Canada M5J 2N7
(Address of Principal Executive Offices)
Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
EXHIBIT INDEX
| Exhibit |
|
Description of Exhibit |
| 99.1 |
|
News Release dated
June 3, 2026 titled Fairfax Announces Pricing of Senior Notes Offering |
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
| |
FAIRFAX FINANCIAL HOLDINGS LIMITED |
| |
|
Date: June 3, 2026 |
By: |
/s/ Derek Bulas |
| |
Name:
Title: |
Derek Bulas
Vice President, Chief Legal Officer and Corporate Secretary |
Exhibit 99.1
FAIRFAX News Release
TSX Stock Symbol: FFH and FFH.U
TORONTO, June 3, 2026
FAIRFAX ANNOUNCES
PRICING OF SENIOR NOTES OFFERING
Fairfax
Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has priced a private offering of US$750,000,000
of senior notes due 2056 (the “Notes”) at an issue price of 100%. The Notes will be unsecured senior obligations of Fairfax
and will pay a fixed rate of interest of 6.200% per annum.
Fairfax
intends to use the net proceeds of this offering for general corporate purposes. Fairfax also intends to enter into a registration rights
agreement in connection with the offering of the Notes. The offering is expected to close on or about June 8, 2026, subject to the satisfaction
of customary closing conditions.
The
offering is being made solely by means of a private placement either to qualified institutional buyers pursuant to Rule 144A under the
U.S. Securities Act of 1933, as amended (the “Securities Act”), or to certain non-U.S. persons in offshore transactions pursuant
to Regulation S under the Securities Act. The Notes have not been registered under the Securities Act and the Notes may not be offered
or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.
The Notes have not been and will not be qualified for sale under the securities laws of any province or territory of Canada and may not
be offered or sold directly or indirectly in Canada or to or for the benefit of any resident of Canada, except pursuant to applicable
prospectus exemptions.
This press release
shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Notes in any jurisdiction
in which such offer, solicitation or sale would be unlawful. Any offers of the Notes will be made only by means of a private offering
memorandum.
Fairfax is a holding
company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment
management.
| For further information contact: |
John Varnell, Vice President, Corporate
Development at (416) 367-4941 |
FAIRFAX FINANCIAL HOLDINGS LIMITED
95 Wellington Street West, Suite 800, Toronto, Ontario, M5J 2N7 Telephone: 416-367-4941 Facsimile: 416-367-4946
Forward-looking information
Certain statements
contained herein may constitute “forward-looking statements” and are made pursuant to the “safe harbour” provisions
of the United States Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities regulations. Such forward-looking
statements may include, among other things, the intended use of net proceeds from the offering of the Notes and the anticipated completion
of the offering of the Notes. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of Fairfax to be materially different from any future results, performance
or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to: our ability to
complete acquisitions and other strategic transactions on the terms and timeframes contemplated, and to achieve the anticipated benefits
therefrom; a reduction in net earnings if our loss reserves are insufficient; underwriting losses on the risks we insure that are higher
than expected; the occurrence of catastrophic events with a frequency or severity exceeding our estimates; changes in market variables,
including unfavourable changes in interest rates, foreign exchange rates, equity prices and credit spreads, which could negatively affect
our operating results and investment portfolio; the cycles of the insurance market and general economic conditions, which can substantially
influence our and our competitors’ premium rates and capacity to write new business; insufficient reserves for asbestos, environmental
and other latent claims; exposure to credit risk in the event our reinsurers fail to make payments to us under our reinsurance arrangements;
exposure to credit risk in the event our insureds, insurance producers or reinsurance intermediaries fail to remit premiums that are
owed to us or failure by our insureds to reimburse us for deductibles that are paid by us on their behalf; our inability to maintain
our long term debt ratings, the inability of our subsidiaries to maintain financial or claims paying ability ratings and the impact of
a downgrade of such ratings on derivative transactions that we or our subsidiaries have entered into; risks associated with implementing
our business strategies; the timing of claims payments being sooner or the receipt of reinsurance recoverables being later than anticipated
by us; risks associated with any use we may make of derivative instruments; the failure of any hedging methods we may employ to achieve
their desired risk management objective; a decrease in the level of demand for insurance or reinsurance products, or increased competition
in the insurance industry; the impact of emerging claim and coverage issues or the failure of any of the loss limitation methods we employ;
our inability to access cash of our subsidiaries; an increase in the amount of capital that we and our subsidiaries are required to maintain
and our inability to obtain required levels of capital on favourable terms, if at all; the loss of key employees; our inability to obtain
reinsurance coverage in sufficient amounts, at reasonable prices or on terms that adequately protect us; the passage of legislation subjecting
our businesses to additional adverse requirements, supervision or regulation, including additional tax regulation, in the United States,
Bermuda, Canada or other jurisdictions in which we operate; risks associated with applicable laws and regulations relating to sanctions,
anti-money laundering and corrupt practices in Canada and in foreign jurisdictions in which we operate; risks associated with government
investigations of, and litigation and negative publicity related to, insurance industry practice or any other conduct; risks associated
with political and other developments in foreign jurisdictions in which we operate; risks associated with legal or regulatory proceedings
or significant litigation; failures or security breaches of our computer and data processing systems; the influence exercisable by our
significant shareholder; adverse fluctuations in foreign currency exchange rates; our dependence on independent brokers over whom we
exercise little control; financial reporting risks relating to deferred taxes associated with amendments to IAS 12– Income Taxes;
impairment of the carrying value of our goodwill, indefinite-lived intangible assets or investments in associates; our failure to realize
deferred income tax assets; risks associated with Canadian or foreign tax laws, or the interpretation thereof; technological or other
change that adversely impacts demand, or the premiums payable, for the insurance coverages we offer; disruptions of our information technology
systems; assessments and shared market mechanisms that may adversely affect our insurance subsidiaries; risks associated with economic
disruptions from global conflicts and the development of other geopolitical events worldwide; and risks associated with tariffs, trade
restrictions, or other regulatory measures imposed by domestic or foreign governments that may, directly or indirectly, affect our business.
Additional risks and uncertainties are described in our most recently issued Annual Report, which is available at www.fairfax.ca,
on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov, and in our Base Shelf Prospectus (under “Risk Factors”)
filed with the securities regulatory authorities in Canada, which is available on SEDAR+ at www.sedarplus.ca. Fairfax disclaims
any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events
or otherwise, except as required by applicable securities law.
