I think there are 1,167,163 outstanding of the fixed rate "A" series or $29,179,075 worth at a par value of $25 (and they are callable in 13 months at par)
It looks like there are 1,872,000 outstanding of the floating rate "B" series, or $46,800,000 worth at par (they are callable in thirteen months at $25.38 or slightly more than par)
This is a total of roughly $76 Million which they can call on October 20th of 2008. My guess is that they call both issues.
[There are 2,000,000 shares of the Series A (fixed) outstanding and 1,167,163 shares of the Series B (floating) outstanding as of 6/30/09. I agree that they call both issues. ]
Fairfax to raise another C$200 Million - preferreds this time
in Fairfax Financial
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