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Published on 9/9/2009 in the Prospect News Convertibles Daily and Prospect News High Yield Daily.

Moody's lifts Fairfax Financial

Moody's Investors Service said it upgraded the senior unsecured debt rating of Fairfax Financial Holdings Ltd. to Ba1 from Ba2 and upgraded the senior debt rating of Fairfax's subsidiary Crum & Forster Holdings Corp. to Ba1 from Ba2.

In the same action, Moody's affirmed Odyssey Re Holdings Corp.'s senior unsecured debt rating of Baa3 and preferred stock rating of Ba2.

The outlooks for all ratings are unchanged.


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