TSX:FIH.UCapital Markets
Fairfax India Holdings (TSX:FIH.U): Examining Valuation Following Expanded Credit Facility and Extended Maturity
Fairfax India Holdings (TSX:FIH.U) has amended its credit agreement, increasing the revolving credit facility from $175 million to $200 million and extending the maturity date to November 2028. This change increases the company’s financial flexibility.
See our latest analysis for Fairfax India Holdings.
The credit facility boost comes at an interesting time for Fairfax India Holdings. While the latest 1-day and 30-day share price returns have dipped in the short term, long-term investors have...