From GlobeNewswire: 2025-02-14 17:02:00

Fairfax India Holdings Corporation has amended its credit agreement to increase the borrowing limit of its revolving credit facility from $175.0 million to $250.0 million. The facility was undrawn as of December 31, 2024. The Company has also entered into an agreement to acquire an additional 10% equity interest in Bangalore International Airport Limited for $255.0 million, payable in three installments. The amendments to the credit agreement are intended to facilitate the issuance of a letter of credit to Siemens on the closing of the BIAL transaction. Fairfax India is an investment holding company focused on long-term capital appreciation in India and Indian businesses.



Read more at GlobeNewswire: Fairfax India Amends Credit Agreement