Home / News / Moody’s to Acquire Minority Stake in Philippine Rating Services Corporation (PhilRatings)

Moody’s to Acquire Minority Stake in Philippine Rating Services Corporation (PhilRatings)

NEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE:MCO) today announced that it has agreed to acquire a minority stake in Philippine Rating Services Corporation (PhilRatings), a leading domestic credit rating agency in the Philippines. Headquartered in Manila, PhilRatings plays an important role in supporting the development of the Philippine debt capital markets. “Strong domestic debt markets are essential to supporting sustainable economic growth,” said Wendy Cheong, Managing Director and R

News
Stocks· September 15, 2026 at 12:00 AM
Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
NeutralMedium impact

AI summary

NEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE:MCO) today announced that it has agreed to acquire a minority stake in Philippine Rating Services Corporation (PhilRatings), a leading domestic credit rating agency in the Philippines. Headquartered in Manila, PhilRatings plays an important role in supporting the development of the Philippine debt capital markets. “Strong domestic debt markets are essential to supporting sustainable economic growth,” said Wendy Cheong, Managing Director and R

BusinessWire · Read original

AI commentary is generated from public news feeds and is not investment advice.

Related coverage