Fairfax India Completes $400 Million Term Loan

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(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 $400 million, 1-year secured term loan with a Schedule I Canadian bank.

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.