Business · Ratings · Press ✓ 1 outlet
Moody's completes purchase of 19.99 percent of PhilRatings
Moody's Corp. has completed its acquisition of a 19.99 percent stake in Philippine Rating Services Corp. (PhilRatings), Philstar reported on October 7. DailyDrop has not seen the deal value or reaction from a second outlet.
Credit ratings help local companies raise money and investors judge risk.
Little direct effect on households; it matters for firms that borrow.
A minority stake gives Moody's a foothold; watch for changes in rating methods.
DailyDrop Philippines edition No. 4 · Morning · THU., OCT. 8, 2026