December 23, 2016 / 1:10 AM / 7 months ago

BRIEF-Fairfax Financial to invest $150 million in Mosaic Capital

1 Min Read

Dec 22 (Reuters) - Mosaic Capital Corp :

* Fairfax Financial to invest $150 million in Mosaic Capital

* Agreed to subscribe for $100 million principal amount of 6% senior preferred securities

* Agreed to subscribe for $50 million principal amount of 5% seven-year term secured debenture

* Mosaic Capital - common share purchase warrants entitling Fairfax to acquire up to 17 million common shares of mosaic at $8.81 per share for 7 years Source text for Eikon: Further company coverage:

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