BUZZ-Fairfax Financial Holdings Ltd: Biggest intra-day pct loss in 2 months

Tue Feb 23, 2016 12:13pm EST
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** Canadian investment holding firm's shares down 5.9 pct at C$720.20

** Shares fall as much as 6 pct, biggest intra-day pct loss in more than 2 months

** Company announces C$735 mln bought deal financing

** Underwriters have agreed to buy on bought deal basis 1 mln subordinate voting shares at C$735 per share

** Company to use proceeds for funding previously reported deals of Eurolife ERB Insurance Group Holdings and ICICI Lombard General Insurance Co Ltd

** Up to Monday's close, stock had risen 16.5 pct this year