Moody’s buys into PhilRatings

Moody’s buys into PhilRatings

MANILA, Philippines — Moody’s Corp. is set to acquire a minority stake in Philippine Rating Services Corp. (PhilRatings), marking the first investment by a global credit rating agency in a domestic debt watchdog. The investment will be made through Moody’s Ratings, one of the world’s three major credit rating agencies, although the terms of the transaction […]... Keep on reading: Moody’s buys into PhilRatings