Fairfax Announces Private Offering of Senior Notes

[Alekbaylee]

It doesn't say how much. Hmmm...

 

http://www.marketwatch.com/story/fairfax-announces-private-offering-of-senior-notes-2014-08-06

[gfp]

They are rumored to be among the bidders for crop insurer ProAg, although there are quite a few firms looking at it.

http://www.proag.com/

[Alekbaylee]

"Only" $300 Millions.

http://news.google.com/news/url?sa=T&ct2=ca&fd=S&url=http://www.stockhouse.com/news/press-releases/2014/08/07/a-m-best-assigns-debt-rating-to-fairfax-us-inc-s-senior-unsecured-notes&cid=52778579083766&ei=ta_jU-ihIcTN8wafvoDAAw&usg=AFQjCNHLjfxm1wRkiqqQ8z7p1NOZLXs9dw

 

Could that be to invest in Bank of Cyprus along with Wilbur Ross?

The guy recently said he'll take a pass on Banco Espirito (Portugal).

[JEast]

Please -- no more crop insurance.  We have too much presently!!