6-K
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN (FRFHF)
UNITED STATESSECURITIES AND EXCHANGE COMMISSION****Washington, D.C. 20549
Form 6-K
Report of Foreign Private IssuerPursuant to Rule 13a-16 or 15d-16 ofthe Securities Exchange Act of 1934
| For the month of: February 2026 | Commission File Number: 001-31556 |
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FAIRFAX FINANCIALHOLDINGS LIMITED
(Name of Registrant)
95 Wellington Street WestSuite 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:
| Form 20-F ¨ | Form 40-F x |
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EXHIBIT INDEX
| Exhibit | Description of Exhibit |
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| 99.1 | Press Release dated February 24, 2026 |
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 | |||
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| Date: February 24, 2026 | By: | /s/ Derek Bulas | |
| Name: | Derek Bulas | ||
| Title: | Vice President, Chief Legal Officer and Corporate Secretary |
Exhibit 99.1
FAIRFAX News Release
TSX Stock Symbol: FFH and FFH.U
TORONTO, February 24, 2026
Not for distribution to U.S. news wire servicesor dissemination in the United States.
**FAIRFAX LAUNCHESC$**650 MILLION SENIOR NOTES OFFERING
The base shelf prospectus is accessible, andthe shelf prospectus supplement for this offering will be accessible within two business days, through SEDAR+
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it intends to offer (i) C$400 million in aggregate principal amount of Senior Notes due 2036 (the “2036 Notes”) to be priced at C$99.968 per C$100 principal amount, and (ii) an additional C$250 million in aggregate principal amount of its 5.10% Senior Notes due 2055 (the “2055 Notes” and, together with the 2036 Notes, the “Senior Notes”) to be priced at C$99.485 per C$100 principal amount, plus accrued interest (the “Offering”). The Senior Notes will be offered through a syndicate of dealers to be led by BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc. and Scotia Capital Inc., as joint bookrunners, and including Merrill Lynch Canada Inc., National Bank Financial Inc., TD Securities Inc., Citigroup Global Markets Canada Inc., Desjardins Securities Inc., J.P. Morgan Securities Canada Inc., Mizuho Securities Canada Inc. and Morgan Stanley Canada Limited, as agents. The 2036 Notes will pay a fixed rate of interest of 4.40% per annum. The Senior Notes will be unsecured obligations of Fairfax.
Fairfax currently has outstanding C$300,000,000 aggregate principal amount of its 5.10% senior notes due 2055 (the “Original 2055 Notes”). The Additional 2055 Notes will have the same terms as the Original 2055 Notes, except for the issue date, offering price and the first interest payment date, and will form part of the same series as the Original 2055 Notes.
Fairfax intends to use the net proceeds of the Offering to refinance, repay or redeem outstanding debt, equity or other corporate obligations of Fairfax and its subsidiaries, to pursue potential acquisition or investment opportunities (which may include acquisitions of minority interests in its subsidiaries), and for general corporate purposes. This may include the redemption or repurchase of certain of Fairfax’s previously issued debt or equity securities. As of the date of this press release, Fairfax has not made any determination as to the specific debt, equity or other corporate obligations to be repaid or redeemed, nor the amount, timing or method of such repurchase or redemption. Similarly, as of the date of this press release, Fairfax has not made any determination as to the specific acquisitions or investment opportunities to be pursued, nor the cost, timing or method of such acquisitions or investments. Any such repurchase, redemption, acquisition or investment will be subject to market conditions. Any proceeds not used to refinance, repay or redeem outstanding debt, equity or other corporate obligations or to pursue potential acquisition or investment opportunities will be used for general corporate purposes, which may include to augment Fairfax’s cash position or to increase short-term investments and marketable securities held at the holding company level. The Offering is expected to close on or about February 27, 2026, subject to the satisfaction of customary conditions.
FAIRFAX FINANCIAL HOLDINGS LIMITED
95 Wellington Street West, Suite 800,Toronto, Ontario, M5J 2N7 Telephone: 416-367-4941 Facsimile: 416-367-4946
The Senior Notes will be offered in all provinces and territories of Canada pursuant to Fairfax’s base shelf prospectus dated November 3, 2025 (the “base shelf prospectus”), as supplemented by a prospectus supplement (the “shelf prospectus supplement”) to be filed with the Canadian securities regulators in all of the provinces and territories of Canada. Access to the shelf prospectus supplement, the corresponding base shelf prospectus and any amendment to such documents is provided in accordance with securities legislation relating to procedures for providing access to a shelf prospectus supplement, a base shelf prospectus and any amendment. The base shelf prospectus is accessible, and the shelf prospectus supplement will be accessible within two business days from the date hereof, through SEDAR+ at www.sedarplus.ca.
The Senior Notes are offered under the shelf prospectus supplement. An electronic or paper copy of the shelf prospectus supplement, the base shelf prospectus and any amendment to the documents may be obtained, without charge, from: BMO Nesbitt Burns Inc. at DCMCADSyndicateDesk@bmo.com, CIBC World Markets Inc. at mailbox.cibcdebtsyndication@cibc.com, RBC Dominion Securities Inc. at torontosyndicate@rbccm.com, or Scotia Capital Inc. at syndicate.toronto@scotiabank.com; by providing the contact with an email address or address, as applicable. The base shelf prospectus and shelf prospectus supplement contain important, detailed information about Fairfax and the proposed Offering. Prospective investors should read the base shelf prospectus and shelf prospectus supplement (when filed) before making an investment decision.
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 securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This press release is not an offer of securities for sale in the United States, and the securities may not be offered or sold in the United States absent registration or an exemption from the registration requirements. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended.
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<br><br>(416) 367-4941 |
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Certain statements contained herein may constitute “forward-looking statements” and are made pursuant to the “safe harbour” provisions of applicable Canadian andU.S. securities laws. Such forward-looking statements may include, among other things, the anticipated completion of the Offering andthe intended use of proceeds from the Offering. Such forward-looking statements are subject to known and unknown risks, uncertaintiesand other factors which may cause the actual results, performance or achievements of Fairfax to be materially different from any futureresults, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limitedto: the failure to successfully complete the Offering; our ability to complete acquisitions and other strategic transactions on the termsand 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 severityexceeding our estimates; changes in market variables, including unfavourable changes in interest rates, foreign exchange rates, equityprices and credit spreads, which could negatively affect our operating results and investment portfolio; the cycles of the insurance marketand general economic conditions, which can substantially influence our and our competitors’ premium rates and capacity to writenew business; insufficient reserves for asbestos, environmental and other latent claims; exposure to credit risk in the event our reinsurersfail to make payments to us under our reinsurance arrangements; exposure to credit risk in the event our insureds, insurance producersor reinsurance intermediaries fail to remit premiums that are owed to us or failure by our insureds to reimburse us for deductibles thatare paid by us on their behalf; our inability to maintain our long term debt ratings, the inability of our subsidiaries to maintain financialor claims paying ability ratings and the impact of a downgrade of such ratings on derivative transactions that we or our subsidiarieshave entered into; risks associated with implementing our business strategies; the timing of claims payments being sooner or the receiptof reinsurance recoverables being later than anticipated by us; risks associated with any use we may make of derivative instruments; thefailure of any hedging methods we may employ to achieve their desired risk management objective; a decrease in the level of demand forinsurance or reinsurance products, or increased competition in the insurance industry; the impact of emerging claim and coverage issuesor the failure of any of the loss limitation methods we employ; our inability to access cash of our subsidiaries; an increase in the amountof capital that we and our subsidiaries are required to maintain and our inability to obtain required levels of capital on favourableterms, if at all; the loss of key employees; our inability to obtain reinsurance coverage in sufficient amounts, at reasonable pricesor on terms that adequately protect us; the passage of legislation subjecting our businesses to additional adverse requirements, supervisionor 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 andin foreign jurisdictions in which we operate; risks associated with government investigations of, and litigation and negative publicityrelated to, insurance industry practice or any other conduct; risks associated with political and other developments in foreign jurisdictionsin which we operate; risks associated with legal or regulatory proceedings or significant litigation; failures or security breaches ofour computer and data processing systems; the influence exercisable by our significant shareholder; adverse fluctuations in foreign currencyexchange rates; our dependence on independent brokers over whom we exercise little control; financial reporting risks relating to deferredtaxes associated with amendments to IAS 12 – Income Taxes; impairment of the carrying value of our goodwill, indefinite-lived intangibleassets or investments in associates; our failure to realize deferred income tax assets; risks associated with Canadian or foreign taxlaws, or the interpretation thereof; technological or other change that adversely impacts demand, or the premiums payable, for the insurancecoverages we offer; disruptions of our information technology systems; assessments and shared market mechanisms that may adversely affectour insurance subsidiaries; risks associated with the conflict in Ukraine and the development of other geopolitical events and economicdisruptions worldwide; and risks associated with tariffs, trade restrictions, or other regulatory measures imposed by domestic or foreigngovernments that may, directly or indirectly, affect our business. Additional risks and uncertainties are described in our most recentlyissued Annual Report which is available at www.fairfax.ca and on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov, and in our baseshelf prospectus (under “Risk Factors”) filed with the securities regulatory authorities in Canada, which is available onSEDAR+ at www.sedarplus.ca. Fairfax disclaims any intention or obligation to update or revise any forward-looking statements, whetheras a result of new information, future events or otherwise, except as required by applicable securities law.