DBRS ups Fairfax India trend to positive

DBRS said it changed the trend on Fairfax India Holdings Corp. to positive from stable. The agency also confirmed the issuer and the unsecured senior notes ratings at BBB (low).

“This follows DBRS Morningstar’s confirmation and trend change on the issuer rating of the company’s parent, Fairfax Financial Holdings Ltd. (Fairfax; rated BBB (high) with a positive trend by DBRS Morningstar), on Dec. 6, 2022,” the agency said in a press release.

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