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News Aug 13, 2014

Shearman & Sterling Advises on Fairfax (US) Inc.’s $300 Million Senior Notes Offering

Shearman & Sterling represented Fairfax (US) Inc., a wholly owned subsidiary of Fairfax Financial Holdings Limited (“Fairfax”), in connection with an investment-grade Rule 144A/Regulation S offering of $300 million aggregate principal amount of Fairfax (US) Inc.’s 4.875% Senior Notes due 2024 (the “Notes”). The Notes are guaranteed by Fairfax.

Fairfax is a financial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

The Shearman & Sterling team included partners Jason Lehner (Toronto/New York-Capital Markets) and Larry Crouch (Palo Alto-Tax) and associates Kevin Roggow (Toronto-Capital Markets), Drew Valentine (Toronto-Capital Markets) and Alice Townes (Palo Alto-Tax).