Fairfax India Completes $225 Million Credit Facility

TORONTO, ONTARIO--(Marketwired - Sept. 16, 2016) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

(Note: All dollar amounts in this news release are expressed in U.S. dollars, except as otherwise noted).

Fairfax India Holdings Corporation ("Fairfax India") (TSX:FIH.U) is pleased to announce that it has completed a $225 million, 2-year secured credit facility with a syndicate of Canadian banks.

Fairfax India is an investment holding company whose objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India.